Polyestertime

Ampacet colour production capacity

Ampacet doubles colour production capacity and expands European R&D  Ampacet colour production capacity

Polymers Petrochemicals carbon fibre 18-01-2019

 

-China – Polyethylene Terephthalate

PET is firm, while its chain continues to be weak.

PET Bottle grade export 1,010/1,050 $/ton – PET Bottle grade domestic market 8,050/8,150 yuan/ton – PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 815/825 $/ton – PTA domestic market 6,300/6,400 yuan/ton – MEG $ 605/615 $/ton – MEG domestic market 4,950/5,050 yuan/ton – PX Korea 1,035/1,045 $/ton

POY 150D/48F  domestic market 8,050/8,200  yuan/ton – DTY 150D/48F  domestic market 10,050/10,150  yuan/ton – PSF domestic market 8,800/8,900  yuan/ton

Polymers Petrochemicals carbon fibre

Brexit news – live: German leaders urge Britain to stay in EU, amid reports of snap election preparations

German leaders have urged Britain to stay in the EU amid the chaos over Brexit, as Whitehall chiefs have reportedly been ordered to draw up contingency plans for a snap general election.

In impassioned plea over a dozen high profile Germans from politics, arts and industry, including the frontrunner to succeed Angela Merkel as chancellor, wrote in a letter: “From the bottom of our hearts, we want them to stay”.

Polymers Petrochemicals carbon fibre

Indorama Ventures Completes Acquisition of PET Processing Plant from Custom Polymers PET 

Thailand’s Indorama Ventures (IVL) completed a deal to acquire a plant for the processing of polyethylene terephthalate (PET) from the US company Custom Polymers PET, the company said.

Indorama acquired a PET processing plant on January 2 and closed the deal on January 15.  The plant is located next to the AlphaPet polyester plant in Alabama, USA.  The deal was announced last December.

The complex consists of two production lines – one for the production of recycled PET (A-PET) flakes, and the other for the production of food A-PET, with a total capacity of 31 thousand tons per year.

Polymers Petrochemicals carbon fibre

Crude Oil Prices Trend

Polymers Petrochemicals carbon fibre

Turkish low density polyethylene spot prices rise for first time in a year

Low density polyethylene spot prices in Turkey have risen for the first time since the end of January last year despite a continuation of weak buying interest, market sources said Wednesday.

Buyers in Turkey remained reluctant as the exchange rate woes and economic uncertainty that dogged the market throughout 2018 remained features of the market in the opening weeks of 2019 and showed no sign of disappearing in the short term.

Nevertheless, the downward trend seen throughout the PE markets in Turkey during the closing months of 2018 has halted as the lowest offers heard in the market in the last weeks of December evaporated in January.

Polymers Petrochemicals carbon fibre

Nestlé promotes the need for collective action to address plastic waste

Company details actions for meeting its commitment to make its packaging recyclable or reusable by 2025.

Nestlé, headquartered in Vevey, Switzerland, has announced a series of specific actions designed to help the company meet its April 2018 commitment to make its packaging recyclable or reusable by 2025. Additionally, the company shared its plans focused on avoiding plastic waste.

“Our broader vision and action plan outline our commitment and specific approach to addressing the plastics packaging waste issue,” Nestlé CEO Mark Schneider says. “While we are committed to pursuing recycling options where feasible, we know that 100 percent recyclability is not enough to successfully tackle the plastics waste crisis. We need to push the boundaries and do more. We are determined to look at every option to solve this complex challenge and embrace multiple solutions that can have an impact now. We believe in the value of recyclable and compostable paper-based materials and biodegradable polymers in particular where recycling infrastructure does not exist.”

Polymers Petrochemicals carbon fibre

Ampacet doubles colour production capacity and expands European R&D  

Ampacet, a premier global provider of masterbatch and additive materials, services and solutions, announces the start-up of two new colour production lines and the expansion of its research and development and colour labs in Dudelange, Luxembourg.

Ampacet announces two new colour production lines

The two new colour production lines, due to become active during the second quarter of 2019, are part of Ampacet’s long-term expansion plan. Both lines were engineered with a focus on safety and ergonomics.

Their energy and water systems have also been modified to produce minimal environmental impact.

Polymers Petrochemicals carbon fibre

Promising Bioplastic Derived From “Poo Molecule” Indole

lmost all plastic is made from crude oil, and plastic production currently accounts for 4-6% of global oil consumption. The development of renewable bioplastics is progressing, but relatively few are actually being used.

A strong candidate among bioplastics is polyethylene furanoate (PEF). Instead of oil, PEF contains the hydrocarbon, furan, which can be extracted from maize, wood and certain types of grain. The main market for PEF is packaging. Experiments have shown that PEF is superior to standard polyethylene terephthalate (PET) in protecting against oxygen, carbon dioxide and water, which gives products enclosed in plastic greater durability.

Polymers Petrochemicals carbon fibre

The case for rPET wine bottles

Santiago Navarro, CEO and Co-Founder of London-based Delivering Happiness Ltd., trading as Garçon Wines, discusses why the company chose PET, and in particular recycled PET, for its award-winning Flat Wine Bottle for e-commerce.

Are there hurdles to convincing consumers of the quality of wine in PET?

We’ve engaged with consumers and have found that the high quality of the bottle finish, together with the novel and attractive shape, gets consumers thinking differently and happily, and so we’ve not yet experienced concern from the wine drinkers we’ve shown our bottles to.

Polymers Petrochemicals carbon fibre

Brexit disarray preventing UK businesses from making investment decisions – CIA

The collapse of the draft deal for the UK’s breakaway from the EU is a disappointment to the country’s business community, leaving firms without the necessary clarity to make investment decisions, the UK’s chemcials trade group CIA said on Wednesday.

The decisive failure of the vote to pass the withdrawal agreement in the UK’s House of Commons on Tuesday means that no clear idea of how the country’s post-Brexit trading relationship with the EU is likely to emerge in the near future, with just over two months remaining before the planned departure date.

The pound sterling’s value rose immediately after the vote; the UK’s main stock exchange the FTSE 100 was trading slightly lower on Wednesday morning.

Polymers Petrochemicals carbon fibre

Toward a circular economy: Tackling the plastics recycling problem

Why has the world continued to increase consumption of plastic materials when at the same time, environmental and human health concerns over their use have grown?

One answer is they are immensely useful to humankind, and despite problems they create, they have provided countless benefits. They are used to construct lighter automobiles and planes, improving fuel efficiency and reducing greenhouse gas emissions. Plastic food packaging has dramatically reduced food spoilage, improving human health as well as decreasing emissions associated with transportation and decomposition of waste. In addition to all these upsides, another benefit often quoted is that plastics are recyclable.

At UMass Lowell, where I am based, we argue that “recyclable” must be clearly distinguished from “recycled.” Unfortunately, society has a long way to go before we could declare plastics recycling a success.

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Microban technologies earn bluesign approval

Microban International, a leader in antimicrobial and odour control and prevention technology, has received bluesign approval, an industry standard that ensures antimicrobial products are sustainable and safe for the environment, for two technologies, including Scentry Revive BC300A and BC300B and Aegis AEM5772-5, AEM5700 and FU5700.

These additions bring the Microban bluesign approved portfolio to a total of 10 antimicrobial and odour control solutions. Scentry Revive, a patent-pending odour capture platform, launched globally in April 2018. AEGIS has been an industry-leading antimicrobial solution for more than 30 years.

Polymers Petrochemicals carbon fibre

Expert View: Brands – a pragmatic approach to bio-based chemicals.

The brands I speak with have well-crafted plans for advancing the sustainability of their products. These address choosing materials for recyclability, considering end-of-life reuse, energy consumption during production, packaging, and community-related issues, consistent with the United Nations’ Sustainable Development Goals.

I was particularly energised by my conversations at the VERGE18 conference, where I was asked to be a discussion leader at the Circular Plastics Summit, co-led by the Ellen MacArthur Foundation (I encourage you to read their New Plastics Economy and Make Fashion Circular reports).

Increasingly, brands are seeing the opportunity to improve sustainability through increased use of renewably-sourced materials. This approach is part of a broader set of initiatives to increase circularity in a range of global material flows.

Polymers Petrochemicals carbon fibre

Evonik develops new polyamide moulding compound for optical applications

Evonik has developed a new polyamide moulding compound, TROGAMID myCX high flow, for optical applications.

The company says it offers crystal-clear transparency, excellent wear comfort and high durability along with improved processing capabilities.

Compared to similar high-performance materials, the improved flowability of TROGAMID myCX makes it possible to process the moulding compound at a temperature profile that is at least 20°C lower, enabling greater energy efficiency and productivity in processing.

Polymers Petrochemicals carbon fibre

DAK Americas to purchase Perpetual PET recycling plant

Alpek Polyester business DAK Americas has signed an agreement to acquire the Perpetual PET recycling facility in Richmond, Indiana (USA).

The plant has an annual capacity of approximately 45,000 tonnes a year of recycled PET flake, and will complement Alpek Polyester’s existing food-grade PET recycling capacity in Pacheco, Argentina and its fibre-grade recycling joint venture facility in Fayetteville, North Carolina.

“The acquisition of Perpetual and additional rPET capacity demonstrates Alpek Polyester’s ongoing commitment to sustainable product offerings to meet growing customer and consumer demand for rPET content. The addition of this facility will allow us to expand our sustainability initiatives,” said Jon McNaull, vice president of PET Resins at Alpek Polyester.

Polymers Petrochemicals carbon fibre

Yes, You Can Recycle Styrofoam

As bans on single-use plastic bags and straws gain momentum across the globe, attention is now focused on another mighty environmental opponent: styrofoam. Styrofoam poses serious health concerns for aquatic life and the general health of the planet, which is no surprise, given that it’s made of thousands of pieces of non-biodegradable plastic.

While the material is less commonly accepted at recycling facilities than paper or plastic due to the high costs and energy use required to recycle it, with a little extra effort, it’s still possible to recycle styrofoam if you find yourself with stray cups or takeout containers. So how exactly do we ethically rid ourselves of the dreaded foam?

First things first, it’s a common misconception that all those packaging materials, disposable cups, and plates are made of styrofoam. In fact, all of that material is actually referred to as expanded polystyrene. Styrofoam is similar, although less flexible, and used in insulation and construction (and typically blue rather than white).

Styrofoam has become an umbrella term used to describe all expanded polystyrene products, accurately or not. For the purposes of this story, we’ll refer to all styrofoam products as EPS.

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China’s Zhejiang Petrochemical to use Honeywell technologies in phase II Zhoushan plant

China’s greenfield Zhejiang Petrochemical will use a range of process technology from Honeywell UOP for the second phase of its integrated refining and petrochemical complex in Zhoushan, Zhejiang province, according to a document, quoting a senior Honeywell official, seen by S&P Global Platts Thursday.

Register Now  “This second phase of the complex by itself will process 20 million tons per year of crude oil and produce another six million tons per year of aromatics when completed,” Bryan Glover, vice president and general manager, Process Technology and Equipment, at Honeywell UOP, stated in the document. “It will be the largest crude-to-chemicals complex in the world, with more than 50% of the crude converting to petrochemicals.”

Polymers Petrochemicals carbon fibre

Why We Should Rethink Our Use of Bioplastics

Many of us are aware there is considerable controversy about the growing use of bioplastics in this country and around the world. Bioplastics, just so we are all on the same page, are made by extracting sugar from plants such as corn and sugarcane and converting it into one of two different types of plastic.

PLA: polylactic acids, often used for food packaging

PHA: polyhydroxyalkanoates, found in some medical devices and used to make cardiovascular patches

Among the benefits touted for the use of bioplastic is that it can help us reduce the use of petroleum. Further, because it is derived from renewable resources and the plants can be grown all over the world, this can help improve the economies of many poorer countries along with the pocketbooks of smaller, rural farmers.

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RIL sees 37.1% rise in revenue from petrochemicals

Reliance Industries Limited (RIL) has witnessed 37.1 per cent year-on-year increase in its revenue from the petrochemicals segment during the third quarter of fiscal 2019. The rise to Rs 46,246 crore is with improvement in price realisations and volumes primarily in polymer products and fibre intermediates. EBIT was totaled Rs 8,221 crore, up 42.9 per cent.

Strong volume growth and robust polyester chain margins offset the impact of weaker polymer margins. The annual volume growth was led by successful stabilisation of the world’s largest ROGC, its downstream units and new PX facility at Jamnagar.

Polymers Petrochemicals carbon fibre

Oil slides on increased U.S. output and U.S.-China trade fears

NEW YORK (Reuters) – Oil prices fell about 2 percent on Thursday, extending recent weakness on concerns over surging U.S. crude production and slack global demand, particularly in light of the ongoing trade dispute b Brent crude oil futures LCOc1 were down $1.06, or 1.7 percent, to $60.26 a barrel by 11:03 a.m. EST (1603 GMT). U.S. crude futures CLc1 fell $1.00 to $51.31 a barrel, off 1.9 percent.

Polymers Petrochemicals carbon fibre

Asia Monoethylene glycol MEG Market

Purchasing activity in Asia declined in the MEG market  Asia Monoethylene glycol MEG Market

Asia Monoethylene glycol MEG Market

MOSCOW – Consumer activity in Asia on the MEG market declined on the eve of Lunar New Year celebrations, which will begin in the first week of February, according to ICIS .

The limited MEG consumer offers in the region were at around USD622-625 per ton, CFR Chinese main ports (CMP) compared to the sellers USD625-630 per ton, CFR CMP.

On January 11, the MEG price in Asia was USD622-626 per ton, CFR CMP.

The offers of buyers were insufficient, as buyers were in no hurry to buy on the eve of a long vacation. Asia Monoethylene glycol MEG Market

Offers for the second half of January were also rare, given that most sellers have already delivered materials for the first half of January due to the upcoming holiday.

Discussions about further delivery times, such as February and March, were hampered by uncertainties regarding the price of crude oil and China’s short-term economic indicators.

MEG along with terephthalic acid (TPA) is one of the main components for the production of polyethylene terephthalate (PET).

According to Scan Report Company Market Report, in January-November 2018, the estimated consumption of PET in Russia increased by 3% over the same period a year earlier and amounted to 628.66 thousand tons. Compared with November 2017, the total estimated material consumption in the Russian Federation increased by 38% and amounted to 56.74 thousand tons against 41.02 thousand tons last year.

mrcplast.ru

Author:                Anna Larionova

Rensselaer macroscopic graphene fibers

Researchers at Rensselaer Polytechnic Institute have developed a new microfluidics-assisted technique for developing high-performance macroscopic graphene fibers. Graphene fiber have potential applications in diverse technological areas, from energy storage, electronics, optics, electro-magnetics, and thermal conductors, to structural applications. Rensselaer macroscopic graphene fibers

Rensselaer macroscopic graphene fibers

Sheet alignment and orientation order of graphene structures induced by microfluidics design enable the microstructure control and optimization of thermal-mechanical and electronic properties of macroscopic graphene fibers

The team explained that It has been historically difficult to simultaneously optimize both the thermal/electrical and the mechanical properties of graphene fibers. However, the Rensselaer team has demonstrated their ability to do both.

Macroscopic graphene fibers can be manufactured by fluidics-enabled assembly from 2D graphene oxidesheets dispersed in aqueous solutions forming lyotropic liquid crystal. Strong shape and size confinements are demonstrated for fine control of the graphene sheet alignment and orientation, critical for realizing graphene fibers with high thermal, electrical, and mechanical properties. This microfluidics-enabled assembly method also provides the flexibility to tailor the microstructures of the graphene fibers by controlling flow patterns.Rensselaer macroscopic graphene fibers

“The control of different flow patterns offers a unique opportunity and flexibility in tailoring macroscopic graphene structures from perfectly aligned graphene fibers and tubes to 3D open architecture with vertically aligned graphene sheet arrangement,” said Jie Lian, a professor in the Rensselaer Department of Mechanical, Aerospace, and Nuclear Engineering (MANE) and the lead author on the article.

“This research paves the way for new sciences to optimize the fiber assembly and microstructure to develop high-performance graphene fibers,” said Lian. “This approach could be extended to other materials to manufacture hierarchical structures for diverse functional applications.”

Polymers Petrochemicals Circular Economy 17-01-2019

 

-China – Polyethylene Terephthalate

PET is steady, while its chain is weak.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 8,000/8,100 yuan/ton – PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 815/825 $/ton – PTA domestic market 6,250/6,400 yuan/ton – MEG $ 615/625 $/ton – MEG domestic market 5,000/5,100 yuan/ton – PX Korea 1,045/1055 $/ton

POY 150D/48F  domestic market 8,050/8,200  yuan/ton – DTY 150D/48F  domestic market 10,050/10,150  yuan/ton – PSF domestic market 8,800/8,900  yuan/ton

Polymers Petrochemicals Circular Economy

‘An option for the future’: Corbyn on second Brexit referendum – video

Labour leader says he does not know how he would vote if another vote was held

‘An option for the future’: Corbyn on second Brexit referendum – video

Jeremy Corbyn has declined to support calls for a second referendum, insisting that it is an option that can only be considered in the long term.

The Labour leader also said that if there was another referendum, he did not know how he would vote.

His comments will offer little comfort to growing numbers of Labour MPs who are calling for a so-called people’s vote.

Polymers Petrochemicals Circular Economy

Labour frontbench will back Corbyn in boycotting Brexit talks until May rules out no deal, Gardiner says

Barry Gardiner, the shadow international trade secretary, has just been on the Today programme. He took issue with something John Humphrys, the Today presenter, said earlier, about Jeremy Corbyn not having a position on Brexit. Labour does, Gardiner said.

Gardiner also complained about the radio news headlines at 8.30am featuring Tony Blair saying Corbyn should be meeting Theresa May to discuss Brexit (ie, a line critical of Corbyn), but not feature Blair saying a no-deal Brexit should be taken off the table (a line supportive of Corbyn).

Polymers Petrochemicals Circular Economy

Purchasing activity in Asia declined in the MEG market

Consumer activity in Asia on the MEG market declined on the eve of Lunar New Year celebrations, which will begin in the first week of February, according to ICIS .

The limited MEG consumer offers in the region were at around USD622-625 per ton, CFR Chinese main ports (CMP) compared to the sellers USD625-630 per ton, CFR CMP.

On January 11, the MEG price in Asia was USD622-626 per ton, CFR CMP.

The offers of buyers were insufficient, as buyers were in no hurry to buy on the eve of a long vacation.

Polymers Petrochemicals Circular Economy

Crude Oil Prices Trend

Polymers Petrochemicals Circular Economy

The Future Of Plastic Lies In Its Reinvention As Bioplastics

The future of plastic lies not in its complete demise but in its reinvention as bioplastics.

The amount of plastic we produce to package consumer goods, especially fast moving consumer goods (FMCG) — packaged foods, beverages, toiletries — has reached an unprecedented level.  We are draining our planet to produce these packages: plastics are made from fossil fuels and 8% of the worlds annual petroleum production is converted into making plastics.

On top of the environmental repercussions of the production process, most plastics produced for packaging FMCG are not recyclable, and even if they are, we don’t recycle them. Only 14% of plastic packaging gets collected for recycling which then goes through a sorting process and in the end, only 5% of all plastic is reintroduced to the production cycle.

Polymers Petrochemicals Circular Economy

Rensselaer team develops a microfluidics-assisted technique to produce macroscopic graphene fibers

Researchers at Rensselaer Polytechnic Institute have developed a new microfluidics-assisted technique for developing high-performance macroscopic graphene fibers. Graphene fiber have potential applications in diverse technological areas, from energy storage, electronics, optics, electro-magnetics, and thermal conductors, to structural applications.

The team explained that It has been historically difficult to simultaneously optimize both the thermal/electrical and the mechanical properties of graphene fibers. However, the Rensselaer team has demonstrated their ability to do both.

Polymers Petrochemicals Circular Economy

Resistance to plastic packaging grows in organics

More organic produce consumers are pushing back against the use of plastic in packaging, but will it matter?

Gene Versteeg, produce sales manager at Market of Choice, Eugene, Ore., said consumers at his store are have expressed preference for other options besides plastic for organic produce — which acounts for half of the store’s produce.

“This year especially it’s the most vocal I’ve ever heard people be about it,” he said “We have organic salads in the plastic clam shells and plastic bags, but we also have them in bulk (salad) bar where people can either use one of our recyclable bags or bring their own bag and they can buy in bulk.”

Polymers Petrochemicals Circular Economy

Texprocess: Full range of technologies for textile processing

Automation, individualisation, customisation and sustainability. The range of technologies at the coming Texprocess is more comprehensive than ever.

Four months before its start, the leading international trade fair for the processing of textile and flexible materials is almost booked up.

Trade visitors from the fashion and clothing industry, upholstered-furniture manufacturers and all processors of textiles will find at Texprocess, from 14 to 17 May 2019, an even broader range of machinery and methods for processing textile and flexible materials.

Once again in its level of bookings Texprocess is exceeding the results of the previous event.

Polymers Petrochemicals Circular Economy

New sustainable way to create plastics from seaweed

Israeli discovery overcomes need for fertile soil and fresh water in the creation of eco-friendly bioplastics by using saltwater seaweed

Everyone knows plastic is bad for the environment. That’s why bioplastics – plastics made from renewable sources like plants or old waste – were invented. But these bioplastics can’t be created everywhere since the plants they use require fresh water, a scarce resource in many countries.

One such country is Israel, which does not have a surplus of fresh water. Other countries suffering from the same problem are China and India, whose size and resulting plastic consumption is very bad news for the planet.

This is the problem researchers from Tel Aviv University wished to resolve by developing bioplastic polymers derived from microorganisms that feed on seaweed. These can be bred in salty seawater without impinging on scarce freshwater resources.

Polymers Petrochemicals Circular Economy

Textechno announces partnership with AZL

Textechno to collaborate with the AZL and their partners to drive innovation in composite testing and to further advance excellence in lightweight production.

Textechno (Mönchengladbach, Germany), designer and manufacturer of precision test equipment and systems for fibrts, yarns and rovings in textile and composite applications, has announced its partnership with the AZL, Aachen Center for Integrative Lightweight Production. Textechno says it will be working in close cooperation with the AZL and their partners to drive innovation in composite testing and to further advance excellence in lightweight production. The company says it is looking forward to closer contact and networking activities with polymer producers and multinationals, such as carbon or glass fiber producers or resin manufacturers.

Polymers Petrochemicals Circular Economy

Dullness prevails on cotton market

Insipid conditions prevailed on the cotton market on Monday as traders stayed to the sidelines awaiting announcement of mini-budget on Jan 23rd.

Trading activity remained almost negligible as buyers are dwelling on the hope that the upcoming mini-budget would be tax-free after Finance Minister Asad Umar assured the business community the other day.

Polymers Petrochemicals Circular Economy

Nouryon and Itaconix sign supply agreement for bio-based polymers

Nouryon (formerly AkzoNobel Specialty Chemicals; www.nouryon.com) will expand its offering to customers in the detergents market through a supply agreement with bio-based polymers maker Itaconix Corp. (Stratham, N.H.; www.itaconix.com).

Under terms of the agreement, Itaconix will produce and supply polymers with chelating properties that Nouryon will market to customers in household, institutional, and industrial detergent and cleaner applications. In addition, the companies will work together to transition many of Itaconix’s current detergent customers to Nouryon.

It is the first supply agreement resulting from a joint development agreement signed by the companies in 2017 to explore opportunities for polymers made from bio-based itaconic acid using Itaconix’s technology.

Polymers Petrochemicals Circular Economy

Techtextil 2019: Reflecting positive growth

In attempting to get across the importance of the EU textiles and clothing industry to its overall economy, Lutz Walter, director of innovation and skills at industry association Euratex, noted that the list price of a new Airbus A350-900 wide-body jet airliner is around EUR 275 million.

“This means that the EU exports of textiles and clothing outside the block alone in 2016 were the equivalent of purchasing 175 of the Airbus planes, and closer to 350 at the usual discount, so we shouldn’t be so modest about our achievements,” he said, speaking at a press conference in Frankfurt on January 9th for the upcoming Techtextil and Texprocess 2019 shows.

Polymers Petrochemicals Circular Economy

Auto industry faces ‘profound transformation’

In case you hadn’t noticed, what with the steady background thrum of the U.S. auto industry having just wrapped up its fourth-strongest sales year on record — while at the same time stressing over whether sales are facing a pending drop — the global auto industry has taken a big shine to electric vehicles.

And the shockwave is hitting automakers, parts suppliers at nearly every tier level and materials companies.

Polymers Petrochemicals Circular Economy

Researchers Test PLA CaC03 Composite Materials to Make 3D Printed Splints

In a paper entitled “Novel PLA-CaCO3 Composites in Additive Manufacturing of Upper Limb Casts and Orthotics—A Feasibility Study,” a group of researchers looks at 3D printing to treat upper limb injuries, which are, they say, “among the most common injuries worldwide.” While bone fractures are traditionally treated with plaster casts, new treatments have been used experimentally, including 3D printing to create a cast personalized to the patient’s needs.

The researchers tested three different materials’ potential for use in 3D printed casts; two of those materials were new. They used unique filaments from Hungarian company Filamania. These composite materials were compared to standard PLA polymers. The composites were made from PLA mixed with fine CaCO3 powder. First made by designer Carmen Brio a few years ago this type of material has interesting properties.

Polymers Petrochemicals Circular Economy

After better auto sales than expected in 2018, what will 2019 bring?

FCA Automotive Reid Bigland, who heads up the Ram brand for FCA Automotive, introduces the 2019 Ram Heavy Duty lineup at the North American International Auto Show.

The release of much of the official U.S. economic data for the month of December has been delayed due to the government shutdown, but we have more than enough evidence to indicate that December was a pretty good month overall for the motor vehicle industry. Preliminary reports show that for the third straight month, the seasonally adjusted, annualized rate for U.S. light vehicle sales in December was greater than 17.5 million units.

The stronger-than-expected performance in the fourth quarter pushed the annual sales total for 2018 very close to, and maybe just a bit over, the total from 2017. This means that total vehicles sales (domestic plus imports) have exceeded 17 million units for four straight years.

Polymers Petrochemicals Circular Economy

2019 Bio Based Polyethylene Terephthalate (Bio PET) Market By Key Players Anellotech, NatureWorks, Novamont, Pepsi, Plastipak, Teijin 2024

Bio Based Polyethylene Terephthalate (Bio PET) Market 2019-2024

PETE is the most common thermoplastic polymer resin of the Bio Based Polyethylene Terephthalate (Bio PET) family and is used in fibres for clothing, containers for liquids and foods, thermoforming for manufacturing, and in combination with glass fibre for engineering resins.

Polymers Petrochemicals Circular Economy

BASF announces official exit from bio-plastics JV with Avantium.

“bottlesI confirm that BASF notified Avantium of its exit from their joint venture (JV) Synvina effective 15 January 2019.”

The bio-plastics industry will be disappointed at the news that chemicals giant BASF has confirmed exclusively to Bio-Based World News that it has pulled out of its Synvina joint venture (JV) with Dutch renewable chemicals company Avantium today. BASF’s exit centres around a disagreement over an investment deadline for the project.

The Synvina deal was formed in 2016 to commercialise the YXY technology developed by Avantium. The YXY technology catalytically converts plant-based sugar into FDCA (furandicarboxylic acid) and plastics, such as the new polymer PEF (polyethylenefuranoate). FDCA can be applied to many sectors including the food packaging, textile fibres, and automotive industry.

Polymers Petrochemicals Circular Economy

LDPE polyethylene prices Europe

Spot LDPE prices in Europe have fallen to a minimum since 2012   LDPE polyethylene prices Europe 

LDPE polyethylene prices Europe

MOSCOW  – Spot prices of high-density polyethylene (LDPE) fell in the European market at the end of last week to the lowest level since 2012, and even lower, approaching the level of 2010, ICIS reported citing a statement from some buyers. .

According to them, last week some LDPE prices overcame a barrier of EUR1,000 per tonne, FD NWE (North-West Europe), although not all polyethylene (PE) brands could be purchased at this price. LDPE polyethylene prices Europe 

Some price proposals for the material reached EUR1,100 per ton, but it was unclear how many deals were concluded at the above prices.

The demand for LDPE was sluggish at the beginning of this year, and this factor, combined with a fall of EUR40 per ton of ethylene contract price in January, led to an immediate expectation of a decline in PE prices.

2012 was the year when European producers of PE had very low revenues, and part of the production was closed forever.  Many of these closures fell on the production of low-pressure polyethylene (HDPE), where the profit was the worst.  HDPE is currently a net imported product in Europe.  LDPE polyethylene prices Europe 

Since then, naphtha quotes have become more competitive, but the production of material from ethane still provides the best revenue.

A decrease in naphtha prices means an increase in the cracking margin, but currently the variation between ethylene and PE prices is very small, even with the most recent ethylene contract price drop of EUR150 per tonne in December and January combined.

At present, negotiations on the January contract prices of PE in many cases have not yet reached their peak.  However, the decline in PE prices by EUR20 per ton is already obvious, but buyers believe that this is not enough.

According to the ICIS-MRC Price Review , the first week of January in the Russian market of LDPE was quite active, processors began to replenish their inventories.  At the same time, the volume of purchases of LDPE due to the seasonal factor is still small.  Some processors are still expecting a reduction in LDPE prices under pressure from low demand and excess supply.  In the meantime, following the results of the first working week this year, prices have been rising.

mrcplast.ru

Author:   Margarita Volkova

Mogilevkhimvolokno modern polyester fiber 

Mogilevkhimvolokno launched the production of modern polyester fiber Mogilevkhimvolokno modern polyester fiber 

Mogilevkhimvolokno modern polyester fiber

MOSCOW  – Mogilevkhimvolokno Company has commissioned the production of polyester fiber by direct molding, Belta reports. Mogilevkhimvolokno modern polyester fiber 

The launch of a new production is the first phase of a large-scale investment project “Polyester Production Complex”.

New equipment with a capacity of 50 thousand tons per year will provide a new range of synthetic fiber, which is in demand in the markets of near and far abroad.

According to Deputy Prime Minister Igor Lyashenko, who participated in the opening ceremony, there are no products of such high quality, especially conjugate-type fiber, in the space of the Eurasian Economic Union.  He also said that the development of a technology of the second stage of enterprise development is already underway with Chinese partners. Mogilevkhimvolokno modern polyester fiber 

“Chinese experts also confirmed that such a modern technology for the production of polyester products does not yet exist even in China. Therefore, our proposal, which sounded for the Russian side, did not waste duplicate investments in the city of Ivanovo to create similar production, has been implemented.” Mogilevkhimvolokno modern polyester fiber 

The new production was put into operation 5 months earlier than the standard terms, which brought the company savings of about 6–7 million dollars, and the annual income from the products sold would be about USD9–10 million.

The first 120 tons of output have already been shipped to Russia.  According to the director general of Mogilevkhimvolokno, Peter Rudnik, the main task of the enterprise is to reach the designed capacity as quickly as possible, which is supposed to be done in the first half of 2019.

Currently, the second stage of the investment project for the development of the enterprise is in the active discussion stage. It involves the construction of a technically linked continuous PET polycondensation unit, polyester fiber production lines, an additional polycondensation unit and technical yarn production.

According to ICIS-MRC’s Price Review , Mogilevkhimvolokno shipped in January to the CIS countries the SPET brand 8200 L, produced on the basis of DMT.  This brand differs from traditional PET by a higher melting point on average by 10 ° C and some other characteristics.  Export price for CIS countries reduced to EUR980 per tonne, FCA Mogilyov, excluding VAT. Mogilevkhimvolokno modern polyester fiber 

Mogilevkhimvolokno OJSC is the only large producer of dimethyl terephthalate in the Republic of Belarus, PET polyester granules, including food grade, polyester fibers and threads, and the main supplier of raw materials for light industry.  State share – 90.53%.

mrcplast.ru

Author:   Anna Larionova

Polymers PET Petrochemicals Crude Oil 16-01-2019

-China – Polyethylene Terephthalate

PET and its chain are steady.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 8,000/8,100 yuan/ton – PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 815/825 $/ton – PTA domestic market 6,250/6,400 yuan/ton – MEG $ 620/635 $/ton – MEG domestic market 5,100/5,250 yuan/ton – PX Korea 1,050/1060 $/ton

POY 150D/48F  domestic market 8,050/8,200  yuan/ton – DTY 150D/48F  domestic market 10,050/10,150  yuan/ton – PSF domestic market 8,800/8,900  yuan/ton

Polymers PET Petrochemicals Crude Oil

Brexit and no-confidence vote: Corbyn targets ‘zombie government’

Labour leader Jeremy Corbyn has called Theresa May’s administration a “zombie government” that “cannot govern” and urged its resignation.

Opening a debate on his no-confidence motion, Mr Corbyn said the government “should do the right thing and resign” after Tuesday night’s huge defeat.

Mr Corbyn is hoping to force an election, but senior party figures accept they are unlikely to succeed.

The no-confidence vote is expected to be held at about 19:00 GMT.

“The prime minister has consistently claimed that her deal, which has been decisively rejected, was good for Britain workers and business… she should have nothing to fear by going to the people,” he said, referring to a general election.

Polymers PET Petrochemicals Crude Oil

IT’S BREXIT

Polymers PET Petrochemicals Crude Oil

Spot LDPE prices in Europe have fallen to a minimum since 2012 

Spot prices of high-density polyethylene (LDPE) fell in the European market at the end of last week to the lowest level since 2012, and even lower, approaching the level of 2010, ICIS reported citing a statement from some buyers. .

According to them, last week some LDPE prices overcame a barrier of EUR1,000 per tonne, FD NWE (North-West Europe), although not all polyethylene (PE) brands could be purchased at this price.

Some price proposals for the material reached EUR1,100 per ton, but it was unclear how many deals were concluded at the above prices.

Polymers PET Petrochemicals Crude Oil

Mogilevkhimvolokno launched the production of modern polyester fiber 

Mogilevkhimvolokno Company has commissioned the production of polyester fiber by direct molding, Belta reports.

The launch of a new production is the first phase of a large-scale investment project “Polyester Production Complex”.

New equipment with a capacity of 50 thousand tons per year will provide a new range of synthetic fiber, which is in demand in the markets of near and far abroad.

Polymers PET Petrochemicals Crode Oil

Crude Oil Prices Trend

Polymers PET Petrochemicals Crode Oil

Polymers PET Petrochemicals Crude Oil

Faurecia estimates China electrification to reach 25%

“You have millennials with a clear focus on mobility rather than ownership” – Faurecia CEO Patrick Koller at CES in Las Vegas

“You have millennials with a clear focus on mobility rather than ownership” – Faurecia CEO Patrick Koller at CES in Las Vegas

Faurecia says it believes electrification will approach 25% of the car park in China as a rising global population coupled with increased longevity will drive alternative mobility solutions.

Speaking at the Consumer Electronics Show (CES) in Las Vegas, the French supplier outlined some of its philosophy to meet changing demographics aligned with a rising urbanisation eager to embrace mega-trends.

Polymers PET Petrochemicals Crode Oil

Starlinger’s recoSTAR dynamic 145 offers greater efficiency for film recyclers

In 2018 Vienna-based recycling technology manufacturer Starlinger supplemented its recycling line recoSTAR dynamic with a seventh machinery size – the recoSTAR dynamic 145 – which is designed for a capacity range of ~1,000kg/h.

This was prompted by inquiries from the area of post-consumer film (e.g. packaging film, agricultural film), wherein just such a capacity was requested.

The first three lines are currently being installed and the company has already received orders for additional machines of this type.

Just the right size

The recoSTAR dynamic 145’s predecessors, the recoSTAR dynamic 125 and 165 (the numbers indicate the screw diameter in millimetres), were under- or oversized respectively for this capacity. The 145 is designed for about one tonne of regranulate and shows an optimal cost-benefit ratio.

Polymers PET Petrochemicals Crode Oil

Global Markets and Technologies for Bioplastics

The focus of this report is on plastics made from renewable resources such as biomass or food crops.There is also some potential development of bioplastics from animal resources.

Plastics that could be produced from waste CO2 are also reviewed because of their potential impact on bioplastics, but their data are not included in the forecasts presented here.Bioplastics are further defined here as polymer materials that are produced by chemically or biologically synthesizing materials that contain renewable organic materials.

Natural organic materials that are not chemically modified (e.g., wood composites are excluded). The report includes the use of renewable resources to create monomers that replace petroleum-based monomers such as feedstocks produced from sugarcane that are used to manufacture polyester and polyethylene. Ethanol, a major product in Brazil, is one small chemical step from ethylene.

Polymers PET Petrochemicals Crode Oil

CEMS yarn, fabric show starts January 23

Meherun N Islam, president and group managing director of CEMS Global, speaks at a press conference at Economic Reporters’ Forum in Dhaka yesterday announcing the commencement of a four-day expo on yarn and fabric at International Convention City Bashundhara from January 23. Photo: CEMS Global

A four-day “15th Dhaka International Yarn & Fabric Show (DIFS) Winter Edition-2019” will kick off in the capital’s International Convention City Bashundhara from January 23.

The show aims to introduce the latest sophisticated yarn, fabrics, accessories and emerging technologies for textile and garment industries.

Polymers PET Petrochemicals Crode Oil

Danone partners with Amcor to design new yoghurt jar

Danone has partnered with global packaging company Amcor to develop new packaging for its all-natural yoghurt sold in Argentina.

The yoghurt jar is made from PET with a wide-mouth opening and aluminium PET closure with a 65m over cap in clear PP.

The PET jar supports the 100 per cent natural positioning of Danone’s La Serenisima’s yoghurt with featured engraving, a finely finished base, and a body-wrap label, with a 55mm finish with an aluminium PET foil barrier seal and ultraviolet blocker to protect the contents.

Amcor optimised the two-step reheat process to produce the wide-mouth jars using a Matrix blow-moulding machine, an industry first, for high volume yoghurt containers.

Polymers PET Petrochemicals Crode Oil

China’s Slowing Economic Growth Could Wreak Havoc On Oil Markets

Despite renewed hopes that a fresh trade deal could be reached between the U.S. and China by the two sides’ self-imposed March 2 deadline, it may still not be enough to offset the negative impact on China’s economic growth already being felt.

Sources told Reuters last week that Beijing is planning to lower its economic growth target to 6 percent,

The analysis comes as China saw its exports fall unexpectedly in December by 4.4 percent, the most in two years, with imports also falling 7.6 percent in their biggest decline since July 2016.

Since exports fell in December, in spite of government efforts to boost growth (including higher infrastructure spending and tax cuts), exports could also falter for several months going forward as domestic growth slows.

Ratings agency Moody’s also said in a note that “producers price inflation had decelerated for six consecutive months,” adding to other signs of cooling industrial activity (in China) amid weakening global demand.

Polymers PET Petrochemicals Crode Oil

Heimtextil 2019: Designs for our evolving tastes

The Heimtextil home textiles show is now simply huge – exhibitors topped 3,000 for the first time at this year’s show in Frankfurt from January 8-11th.

This has called for the show organiser Messe Frankfurt to extend it to include Hall 12 at its fair grounds for the first time – a space which at 3,300 square metres is the equivalent alone of five football fields.

It is also more international than ever, with the 3,025 exhibitors this year coming from no less than 65 countries, all looking to do brisk business in the key markets of Europe.

Polymers PET Petrochemicals Crode Oil

BASF announces major R&D projects to cut carbon emissions

BASF SE has announced a number of R&D projects to reduce carbon emissions as part of its new corporate strategy, which will see the company becoming CO2-neutral by 2030.

The Ludwigshafen, Germany-based company presented its research findings on new environmentally friendly processes during a Jan. 10 news conference, where Chairman and CEO Martin Brudermüller discussed the “ambitious” R&D program.

Over the past two decades, BASF has reduced its greenhouse gas emissions by 50 percent — but doubled its production volumes.

Polymers PET Petrochemicals Crode Oil

King of Prussia firm strikes national deal to sell plant-based egg substitute

Renmatix, the King of Prussia bio ingredient developer, says it has signed a deal to distribute Simple Cellulose, a plant-based egg substitute, through The Ingredient House, a food additive supplier to U.S. food and beverage manufacturers.

Renmatix and North Carolina-based Ingredient House “see the potential to replace eggs in baked goods by incorporating Simple Cellulose,” which they say can be marketed as a vegan egg substitute at “up to 50 percent” less cost than alternative products, and long shelf life making it attractive for “gluten-free and vegan” breads, muffins, cookies and doughnuts, the companies said in a joint statement.

Polymers PET Petrochemicals Crode Oil

Turkish Textiles, the Biggest Textiles Producer in Europe will be Presented by UTIB in Premiere Vision Fair in New York

Turkish textiles sector will participate in the Premiere Vision Fair to be held in New York in January 15-16, 2019 with 29 companies consisting of 25 national and 4 individual firms and invite business people across the world to invest in Turkey in addition to establishing commercial networks.

Pınar Taşdelen Engin, President of UTIB (Uludağ Textile Exporters’ Association) stated that Turkish textiles sector has a very strong image in the global market and said, “The sector stands out thanks to its machinery park with state-of-the-art technology, flexible production ability, capability of producing special products and high-quality workforce.”

Polymers PET Petrochemicals Crode Oil

Passing On The Know-How At The Monforts Production Site

As the key site for the construction of Monforts finishing machines, Montex Maschinenfabrik in Austria is currently working flat out to meet a very busy new order schedule, while also finalizing the new exhibits which will be unveiled at ITMA 2019 in Barcelona this June.

“We have been working very closely with the Monforts research and development team in Mönchengladbach, Germany, to take the latest new ideas through testing and prototyping, in readiness for the exhibition and for future series production,” said Montex plant manager Gert Hanzl.

“We are fully exploiting the many new possibilities being offered by Industry 4.0 in the continuous development of design and manufacturing methods.”

Polymers PET Petrochemicals Crode Oil

Versalis cracking plant Priolo fire

Versalis halts cracking plant in Priolo due to fire   Versalis cracking plant Priolo fire

Versalis cracking plant Priolo fire

MOSCOW – The company Versalis, a petrochemical division of the Italian Eni SpA, on January 10 stopped a cracking installation in Priolo (Priolo) in Sicily for repairs due to fire, ICIS reports, citing a source close to the Italian company.

According to the source, a fire on one of the furnaces in the second half of the day on January 10 led to the shutdown of the cracking unit with a capacity of 490 thousand tons of ethylene and 250 thousand tons of propylene per year. The cause of the fire is currently being investigated. Versalis cracking plant Priolo fire

Earlier it was reported that Versalis plans to stop the cracking unit in the city of Priolo (Priolo) in Sicily for repairs in the spring of 2019.

On May 22, 2017, Versalis turned off production at this site due to power outages.

Ethylene is the main raw material component for the production of polyethylene (PE).

According to Data Report of Market Report, in November of this year, external PE supplies to the Russian market amounted to 49.2 thousand tons, which is comparable to the figure a month earlier.

In general, in January-November 2018, the total import of PE in the Russian Federation reached a level of 540.2 thousand tons against 553.5 thousand tons a year earlier. External supplies of ethylene-vinyl acetate (EVA) have significantly increased, while imports of high-pressure polyethylene (LDPE) and linear polyethylene (LDL) have declined.

Versalis is a petrochemical company, a 100% subsidiary of the Italian oil and gas company Eni SpA. The company produces a wide range of petrochemical products, as well as one of the world’s leading companies for the production of elastomers.

Eni SpA (Ente Nazionale Idrocarburi) is an Italian oil and gas company headquartered in Rome. Eni operates in 70 countries.

mrcplast.ru

Author:                Anna Larionova

Polymers PET Petrochemicals Bioplastics 15-01-2019

-China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 7,950/8,100 yuan/ton – PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 815/825 $/ton – PTA domestic market 6,250/6,350 yuan/ton – MEG $ 620/635 $/ton – MEG domestic market 5,100/5,250 yuan/ton – PX Korea 1,045/1055 $/ton

POY 150D/48F  domestic market 8,000/8,150  yuan/ton – DTY 150D/48F  domestic market 10,000/10,100  yuan/ton – PSF domestic market 8,800/8,900  yuan/ton

Polymers PET Petrochemicals Bioplastics

Brexit: Theresa May faces ‘meaningful vote’ on her deal

MPs are preparing to vote on whether to back Theresa May’s deal for leaving the European Union.

The so-called “meaningful vote” will take place later as five days of debate on Brexit come to an end.

Mrs May has called for politicians to back her deal or risk “letting the British people down”.

But with many of her own MPs expected to join opposition parties to vote against the deal, it is widely expected to be defeated.

Polymers PET Petrochemicals Bioplastics

Versalis halts cracking plant in Priolo due to fire

The company Versalis, a petrochemical division of the Italian Eni SpA, on January 10 stopped a cracking installation in Priolo (Priolo) in Sicily for repairs due to fire, ICIS reports, citing a source close to the Italian company.

According to the source, a fire on one of the furnaces in the second half of the day on January 10 led to the shutdown of the cracking unit with a capacity of 490 thousand tons of ethylene and 250 thousand tons of propylene per year. The cause of the fire is currently being investigated.

Polymers PET Petrochemicals Bioplastics

Crude Oil Prices Trend

Polymers PET Petrochemicals Bioplastics

KraussMaffei supports academic research in injection moulding

KraussMaffei has shown its support for the Engineering Design and Plastics Machinery Department at the University of Duisburg-Essen by providing a new injection moulding machine from the all-electric PX series.

The PX 120-380 features complete digital equipment including the DataXplorer, and the collaboration aims to result in a shared goal of new systems and applications developments, alongside acquired data use as a basis for quality and sustainability.

Polymers PET Petrochemicals Bioplastics

Packaging industry pushes for sustainability

Companies are now looking into elevating packaging to a tool for a sustainable environment.

This was stated by Dennis Jocson, president of Packaging Institute of the Philippines, at a roadshow for Propak Philippines, one of the biggest processing and packaging trade shows in the world.

The trade show is scheduled on Jan. 24 to 26 at the World Trade Center Manila in Pasay City.

“Packaging is not inherently sustainable, but used packaging material that has served its primary purpose as a container is not necessarily an environmental waste. There are now modern ways to manufacture packaging products that support sustainability,” said Jocson.

Polymers PET Petrochemicals Bioplastics

Two big producers just called a bottom for oil: $60/bbl

Italy’s top oil producer and Oman’s energy minister predict the latest oil rebound will stick.

Prices are up more than 20% since hitting an almost two-year low in December, enough to alter OPEC+ rhetoric from reassuring investors that it will cut output to taking credit for the rebound, and in the case of Oman, forecasting where oil will trade for the year.

Oman Oil Minister Mohammed Al-Rumhi told Bloomberg TV that the agreement between the Organization of Petroleum Exporting Countries and partners including Russia and Oman can sustain prices at $60/bbl.

He sees crude trading between that bottom and $70/bbl this year. Claudio Descalzi, the CEO of Italy’s Eni SpA, told Bloomberg TV the range will be between $60 and $62 a barrel.

Polymers PET Petrochemicals Bioplastics

Coca-Cola Amatil Australia switches to recyclable paper straws

Coca-Cola Amatil Australia has announced that it will distribute biodegradable Forest Stewardship Council (FSC) accredited recyclable paper straws, ending its distribution of single-use plastic straws and stirrers.

Coca-Cola Amatil, Coca-Cola’s bottler and distributor for Asia Pacific, said it plans to stop the distribution of the single-use plastic straws and stirrers over the next two months as stocks deplete. It aims to continue developing sustainable solutions for straws on Tetra Pak-supplied packaging, plastic spoons and frozen drink scoops.

Polymers PET Petrochemicals Bioplastics

EMEA petrochemicals outlook, w/c Jan 14

S&P Global Platts will present a webinar on the European olefins markets on Tuesday, January 15 from 1400 to 1500 GMT.

OLEFINS

Despite several production issues in Europe, the propylene market will remain balanced this week, with some pockets of length remaining on the coast. Polypropylene market participants will continue to discuss January contract prices this week, which are expected to track only partially the drop seen in the propylene January contract price. The European butadiene market continues to closely watch prices in Asia, with recent price rises in China leading to expectations of continuing export opportunities. Nevertheless, with Chinese New Year approaching, some market participants are uncertain whether this will last. No changes are expected this week in the ethylene market, with a high level of supply set to continue at least for the short term.

Polymers PET Petrochemicals Bioplastics

US crude drops 2.1%, settling at $50.51, pressured by bearish China data

Brent crude oil falls to about $60 a barrel as China reports slump in import-export data.

OPEC-led supply cuts provide some support.

Saudi energy minister says no need for early OPEC meeting.

Brent crude oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in fuel demand.

China’s exports fell by the most in two years in December while imports contracted, official figures showed, pointing to further weakness in what is also the world’s second-largest economy.

Polymers PET Petrochemicals Bioplastics

Asia petrochemicals outlook, w/c Jan 14

In the week ahead, fundamentals are mixed in the Asia petrochemical sector with the olefins markets expecting a slight rally as buyers return to replenish inventory ahead of the Chinese New Year holidays.

Meanwhile, in the aromatics market, stronger naphtha prices is expected to help boost aromatics prices while the polymers markets turn bearish as trading activity winds down ahead of the lunar new year.

AROMATICS

MTBE:

Asian MTBE extended day on day gains last week, with the FOB Singapore marker rising from its close at $579/mt on January 7 to $596/mt on January 11. The MTBE factor, which measures the ratio between the daily assessments for FOB Singapore MTBE and Mean of Platts Singapore 92 RON gasoline fell from 1.143 to 1.140 over the same period, tracking weaker upstream gasoline fundamentals.

Polymers PET Petrochemicals Bioplastics

Iran expected to be able to export 1.5 mn oil bpd next year

While the lawmakers in the Iranian Parliament are discussing the budget bill offered by the Iranian government for the next fiscal Iranian year of 1398, the Iranian Parliament Research Center (IPRC) said that total sources of income in the energy sector including crude oil and gas condensate, net exports of natural gas and domestic gas condensate sales are estimated at $ 36.470 billion in the budget bill for the next fiscal year.

The total value of crude oil exports and domestic sales of gas condensates are estimated at $ 30.49 billion and $ 2.5 billion, respectively, totaling $ 33 .2 billion.

Polymers PET Petrochemicals Bioplastics

Investment: Fashion companies should innovate to reduce plastic pollution

When Adidas teamed up with Parley for the Oceans last year, launching a collection of trainers and clothing made from recycled ocean plastic, both the fashion industry and government took notice.

This month the UK government launched a new investment for businesses to tackle the ocean plastics crisis, making 6 minion pounds available in grants and private investment.

There is a market for ethical fashion

Many studies have shown shoppers will consider buying ecological or sustainable apparel as long characteristics such fit cost and styling are also considered. there is a niche for producing quality stylish good price with leading ready-to-wear fashion companies taking action about sustainability publishing their corporate responsibility.

Polymers PET Petrochemicals Bioplastics

Textechno Enhances its Composite Testing Technology with AZL Partnership

Textechno is pleased to announce its partnership with the AZL, Aachen Centre for Integrative Lightweight Production.

Textechno will be working in close cooperation with the AZL and their partners to drive innovation in composite testing and to further advance excellence in lightweight production. Textechno is especially looking forward to closer contact and networking activities with polymer producers and multinationals, such as carbon or glass fibre producers or resin manufacturers.

Textechno’s Managing Director Dr. Ulrich Mörschel says, “The precise knowledge of key material parameters is the fundamental basis of the production of high-quality composite products. With its innovative composite testing instruments, Textechno supports its customers to be more successful. Our partnership with the AZL will further help us to contribute to the advances of the composite industry.”

Polymers PET Petrochemicals Bioplastics

Life in Bioplastic, it’s More Fantastic

Plastic is the staple material of modern life, and a sustainable future will need bioplastics. What is biotech doing to make this happen?

“What do you include in bioplastics? Because bioplastics is a very large word,” commented Emmanuel Maille, formerly Director of Strategy and Development at French chemical company Carbios, which focuses on developing biobased and biodegradable plastics. It’s a large word indeed. Bioplastics can be ‘bio’ in different ways: they can be biodegradable, they can be made of biological materials (like corn or lactic acid), or they can be produced through fermentation. We asked Maille, and other experts, to help us break it down.

Despite all the exciting research and breakthroughs in the field, the market for bioplastics remains small. The worldwide production of plastic now exceeds 300 million tons. However, this figure is rapidly increasing and estimates predict it could more than double by 2030 if nothing is done to prevent this.

Polymers PET Petrochemicals Bioplastics

China PE may turn stable to soft ahead of Lunar New Year

China’s spot polyethylene(PE) prices recently rebounded in response tothe government’s economic stimulus and tightersupply due to unexpected plant turnarounds, butthe market may turn stable to soft ahead of theLunar New Year holidays.

– Government economic measuresspur demand

– Supply decrease from someunexpected plants turnarounds

– Pre-holiday demand to slowdown

On 11 January, linear low density polyethylene(LLDPE) prices in south China increased byChinese yuan (CNY) 100/tonne ($15/tonne) weekon week to CNY9,150/tonne EXWH (ex-warehouse),according to ICIS data.

Low density polyethylene (LDPE) prices in southChina increased by CNY250/tonne over the sameperiod to CNY9,000/tonne EXWH (ex-warehouse),the data showed.

Polymers PET Petrochemicals Bioplastics

Polymers PET Polypropylene Petrochemicals Prices

Polymers PET Polypropylene Petrochemicals Prices

         Polyestertime

ITEM07/01/201914/01/2019+/-
Bottle grade PET chips domestic market7,900 yuan/ton8,025 yuan/ton+125
Bottle grade PET chips export market1,025 $/ton1,045 $/ton+20
Filament grade Semidull chips domestic market7,650 yuan/ton7,650 yuan/ton
Filament grade Bright chips domestic market7,625 yuan/ton7,600 yuan/ton-25
Pure Terephthalic Acid PTA domestic market6,175 yuan/ton6,265 yuan/ton+90
Pure Terephthalic Acid PTA export market805 $/ton815 $/ton+10
Monoethyleneglycol MEG domestic market5,195 yuan/ton5,110 yuan/ton-85
Monoethyleneglycol MEG export market632 $/ton628 $/ton-4
Paraxylene PX FOB  Taiwan market971 $/ton1,069 $/ton-2
Paraxylene PX FOB  Korea market951 $/ton1,049 $/ton-2
Paraxylene PX FOB EU market909 $/ton970 $/ton+61
Polyester filament POY 150D/48F domestic market8,100 yuan/ton8,090 yuan/ton-10
Recycled Polyester filament POY  domestic market7,950 yuan/ton7,950 yuan/ton 

Polyester filament DTY 150D/48 F domestic market10,000 yuan/ton10,050 yuan/ton+50
Polyester filament FDY 68D24F domestic market 9,550 yuan/ton9,600 yuan/ton+50
Polyester filament FDY 150D/96F domestic market8,875 yuan/ton8,975 yuan/ton+100
Polyester staple fiber 1.4D 38mm domestic market8,780 yuan/ton8,850 yuan/ton+70
Caprolactam CPL domestic market12,400 yuan/ton12,900 yuan/ton+500
Caprolactam CPL overseas  market1,580 $/ton1,580 $/ton
Nylon6 chips overseas  market1,930 $/ton1,870 $/ton-60
Nylon6 chips conventional spinning domestic  market14,300 yuan/ton14,900 yuan/ton+600
Nylon6 chips  high speed spinning domestic  market14,300 yuan/ton14,500 yuan/ton+200
Nylon 6.6 chips domestic  market33,500 yuan/ton33,000 yuan/ton-500
Nylon6 Filament POY 86D/24F domestic  market17,100 yuan/ton17,100 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market20,100 yuan/ton20,100 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market18,200 yuan/ton18,300 yuan/ton
Spandex 20D  domestic  market39,000 yuan/ton39,000 yuan/ton
Spandex 30D  domestic  market38,000 yuan/ton38,000 yuan/ton
Spandex 40D  domestic  market33,000 yuan/ton33,000 yuan/ton
Adipic Acid domestic market7,800 yuan/ton7,900 yuan/ton+100
Benzene domestic market4,725 yuan/ton4,750 yuan/ton+25
Benzene overseas  market540 $/ton566 $/ton+26 
Ethylene South East market760 $/ton760 $/ton
Ethylene NWE  market842 $/ton846 $/ton+4
Acrylonitrile ACN  domestic market11,800 yuan/ton11,800 yuan/ton
Acrylonitrile ACN  overseas market1,400 $/ton1,400 $/ton
Acrylic staple fiber ASF  domestic market16,000 yuan/ton16,000 yuan/ton
Viscose Staple Fiber VSF  domestic market13,560 yuan/ton13,300 yuan/ton-260
PP Powder domestic market9,150 yuan/ton9,200 yuan/ton+50
Naphtha overseas market  466 $/ton503 $/ton+37
Phenol domestic market 8,500 yuan/ton8,500 yuan/ton
PS Taiwan 5250 GPPS1,310 $/ton1,330 $/ton+20
PS Taiwan 8250 HIPS1,410 $/ton1,410 $/ton
LDPE CFR Far East 1,032 $/ton1,012 $/ton-20
LLDPE CFR Far East1,023 $/ton993 $/ton-30
LDPE   FOB Middle East1,012 $/ton999 $/ton-13
LLDPE FOB Middle East1,005 $/ton979 $/ton-26
HDPE CFR Far East1,057 $/ton1,049 $/ton-8
Homopolymer PP CFR Far East1,040 $/ton1,039 $/ton-1
Homopolymer PP FD NWE1,205 €/ton1,183 €/ton-22

Taghleef Colombia Biofilm polypropylene films

Taghleef acquires Colombia’s Biofilm  Taghleef Colombia Biofilm polypropylene films

Source : Cleanroom Technology

The deal will see Taghleef in pole position to supply BOPP films in Latin America

Taghleef Colombia Biofilm polypropylene films

Biofilm produces biaxially oriented polypropylene (BOPP) films for flexible packaging, labels and industrial applications

Taghleef Industries (Ti), the Dubai-based producer of biaxially oriented polypropylene (BOPP) film, has completed the transaction to acquire Biofilm, one of Latin America’s leading manufacturers of BOPP films for flexible packaging, labels and industrial applications. Taghleef Colombia Biofilm polypropylene films

Founded in 1988 in Cartagena, Colombia, Biofilm has focused on international sales to grow its business.

“Since its inception, Biofilm has created a high-performing business focused on exceptional quality, innovation and growth. We are proud to add this new company which shares our same values,” said Dr Detlef Schuhmann, CEO of the Ti Group.

“We look forward to expanding our presence in Latin America and are especially excited to welcome their highly skilled and experienced workforce and to leverage their strong portfolio in metallised film and vacuum deposited barrier solutions.”

In 2004, Biofilm opened its second manufacturing facility in Altamira, Mexico, which features multi-layer co-extrusion technology to produce films with unique performance capabilities. Taghleef Colombia Biofilm polypropylene films

Biofilm’s R&D strategy is based on technological platforms that include clear barrier, ultra-high barrier and metallized films. Taghleef Colombia Biofilm polypropylene films

With eight state-of-the-art metallising chambers at its production facilities, Biofilm is deemed the largest supplier of metallised BOPP films in Latin America, as well as one of the largest suppliers of packaging grade BOPP films in the region.

By finalising this transaction, Taghleef secures a pole position to supply BOPP films in Latin America and throughout the world, increasing annual production capacity to more than 500,000 tons.

The Cartagena and Altamira locations join TI’s existing manufacturing sites in the US, Canada, Italy, Hungary, Spain, Egypt, UAE, Oman and Australia.

Ti is one of the largest global manufacturers of BoPP, cast polypropylene films (CPP), biaxially oriented polylactic acid, and biodegradable films (BoPLA). The company said it has a standard and speciality film manufacturing capacity of more than 500,000 tons.

Polymers PET Petrochemicals Textile 14-01-2019

To Brexit,or not to Brexit, that is the question

Polymers PET Petrochemicals Textile

Polymers PET Polypropylene Petrochemicals Prices

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Crude Oil Prices Trend

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Taghleef acquires Colombia’s Biofilm  

The deal will see Taghleef in pole position to supply BOPP films in Latin America

Biofilm produces biaxially oriented polypropylene (BOPP) films for flexible packaging, labels and industrial applications

Taghleef Industries (Ti), the Dubai-based producer of biaxially oriented polypropylene (BOPP) film, has completed the transaction to acquire Biofilm, one of Latin America’s leading manufacturers of BOPP films for flexible packaging, labels and industrial applications.

Founded in 1988 in Cartagena, Colombia, Biofilm has focused on international sales to grow its business.

Polymers PET Petrochemicals Textile

Recyclable One-Way PET Keg

CYPET’s blow-molded keg addresses safety and cost issues of steel kegs.

An alternative to traditional steel beer kegs said to address their safety and cost shortcomings, has been developed by Cyprus’ CYPET Technologies (cypet.eu). Called the Zeg, this is an ultra-light, 100% recyclable one-way PET keg which has been built using CYPET’s patented injection stretch blow molding process that reportedly has been proven to be able to produce some of the industry’s most innovative and stunning PET containers.

The Zeg features patent-pending top chime and handles that are integrated with the rest of the keg body. Having the top chime, handles and keg body formed as one piece is said to significantly reduce the keg’s production cost, as it eliminates production of a separate top chime and its assembly into the keg. Moreover, the strong mechanical properties of PET allow for the top chime to be lighter in weight than conventional chimes yet still able to handle the loads that the Zeg will face through its life cycle.

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Are Conventional Producers Really Losing Influence?

Energy professionals and others following the developments in the oil and gas industry during the last couple of years have witnessed a massive rise in reporting concerning hydraulic fracturing technology.

The role of conventional oil could easily be undervalued considering the rising importance of shale oil.

Although hydraulic fracturing has changed the market significantly, conventional producers still make up the bulk of today’s oil mix.

Production of shale oil in the U.S. is poised to grow even further in the coming years.

However, basic economic fundamentals such as profitability and availability bode well for conventional producers and especially for those in the Middle East.

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Saudi Aramco to issue about $10 billion in bonds for Sabic purchase: Falih

Saudi Arabia’s state-owned oil giant Aramco will seek to sell around $10 billion in bonds to help fund the purchase of petrochemicals firm Sabic, Saudi energy minister Khalid al-Falih said Sunday.

“It will be probably in the $10 billion range but we will decide in the next few weeks,” Falih told reporters on the sidelines of an Atlantic Council forum in Abu Dhabi.

The offering, which would be Aramco’s first international bond sale, would likely be issued in the second quarter, Falih has said.

The sale would require Aramco, which is aggressively expanding its downstream business, to disclose to potential investors its financial results and disclose operational information, which the company has long closely guarded.

Polymers PET Petrochemicals Textile

Report: Plastic bottle recycling declines slightly in 2017

Industry challenges include changing export markets, a 3.6% drop in material collection, and increases in single-stream collection, resulting in greater contamination of recyclables.

REcycling_APR_web.jpgPlastic bottle recycling declined slightly in 2017, slipping 3.6% to 2.8 billion lb, according to figures released jointly today by the Association of Plastic Recyclers (APR) and the American Chemistry Council (ACC). The The 2017 United States National Postconsumer Plastic Bottle Recycling Report indicates the overall recycling rate for plastic bottles for the year was 29.3%, down 0.4% from 29.7% in 2016. The five-year CAGR for plastic bottle recycling was 0.1%.

Factors that contributed to the industry challenges included changing export markets and a 3.6% drop in material collected for recycling. Ongoing increases in single-stream collection also led to increased contamination of recyclables in the near term. In addition, growth in the use of plastic in bottles was offset by continuing progress in lightweighting and increased use of concentrates with smaller, lighter bottles.

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Expert urges govts to sensitise Nigerians on effects of packaging food with plastics

An ecologist, Mr Richard Inyamkume, ha urged government at all levels to sensitise Nigerians, particularly food handlers, on  the negative effects of wrapping hot foods in nylons and plastics.

Inyamkume, the Executive Director, Ambassadors of Dialogue, Climate and Reintegration, an NGO,  gave the advice in an interview in Abuja on Sunday.

According to him, one of the most serious environmental challenge of the 21st century is plastic and nylon pollution, as well as its adverse effect on health when used for packaging hot food.

“The practice of wrapping hot foods in nylons and plastics have become prevalent in urban and rural communities across Nigeria and it increases exposures to toxic and harmful chemicals which is leached into our foods.

“Nigerians need to know that plastics contain Bisphenol A (BPA), a chemical that once ingested, can mimic estrogen in our bodies, especially in adult women.

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Oerlikon’s innovative BCF S8 opens new markets

Oerlikon Neumag will be showcasing its innovative new development, the BCF S8, to a wide audience for the very first time at the Domotex trade fair for carpets and floor coverings that opens its doors in Hannover, today.

The new BCF S8 platform technology is designed to offer manufacturers of BCF carpet yarns decisive arguments for responding to constantly rising cost pressures and the trend for greater efficiency and quality in fiercely-competitive markets.

The system is said to achieve “never-seen-before” spinning speeds and is able to simultaneously spin up to 700 filaments and produce fine titers of up to 2.5 dpf.

This performance is guaranteed by numerous individual innovations in the new platform and, for the first time, also in a new human-machine interface (HMI)-based control system, which opens the door to the digital age of smart carpet yarn manufacturing wide, the company explains.

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Oil on track for weekly gains on trade talk hopes, OPEC-led supply cuts

Oil prices were on track for solid weekly gains on Friday after financial markets were lifted by hopes the United States and China may soon resolve their trade disputes, and as OPEC-led crude output cuts started to tighten supply.

Despite this, markets were held in check by expectations of an economic slowdown in 2019.

International Brent crude futures were at $61.59 per barrel at 0555 GMT, down 9 cents, or 0.15 percent, from their last close.

US West Texas Intermediate (WTI) crude futures were 4 cents below their last settlement, at $52.55 per barrel.

Polymers PET Petrochemicals Textile

Europe LDPE spot prices at lowest point since 2012, outlook unclear

Low density polyethylene (LDPE) spot prices are trading at their lowest point since 2012, and even lower – to the level of 2010, according to some buyers.

– LDPE spot down to 2012 levels

– Demand slow

– Crude up, naphtha little change in euro terms

Some LDPE prices have broken the €1,000/tonne FD (free delivered) NWE (northwest Europe) barrier this week, they said, although not all grades were available at this level.

Some offers were as high as €1,100/tonne, but it was not clear how much business was being done at either end of the range talked.

Demand has started off the year poorly, and this, coupled with the drop of €40/tonne in the January ethylene contract, led to an immediate expectation of lower prices.

2012 was a year that saw very poor netbacks for European polyethylene (PE) producers and some production was closed permanently. Many of these closures were on high density polyethylene (HDPE), where profits were worst. HDPE is now a net imported product into Europe.

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Egypt’s Prime Minister: We look to benefiting from Germany in waste recycling

Egyptian Prime Minister Mostafa Madbouly said that his country is looking forward to benefiting from Germany’s experience in waste recycling as Germany is one of the leading countries in the world in the field.

His statement came during a meeting on Friday between Madbouly and the Vice President of the Local Parliament of the State of Brandenburg Dieter Dombrowski, Managing Director of the Brandenburg Economic Development Corporation (WFBB) Sebastian Saule, and the head of the RKD waste recycling company Florian Duhr.

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Securing Raw Materials Key to Competitiveness of Indonesia’s Textile Industry

The Ministry of Industry has pegged textile exports at $13.5 billion this year, along with the creation of 2.95 million new jobs in the industry, while exports are projected to increase further to $15 billion next year, with the creation of up to 3.11 million jobs. (GA Photo/M Defrizal)

Jakarta. Indonesia is set to become one of the top five textile and textile product producers in the world by 2030, and the Ministry of Trade is forging ahead with its Making Indonesia 4.0 roadmap, which prioritizes the development of a number of industries, including the textile sector.

Muhdori, the trade ministry’s director tasked with the textile, leather, footwear and various other industries, said the implementation of the roadmap would strengthen the textile sector’s global competitiveness, as it improves efficiencies and product quality.

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Turkmenistan takes part in Heimtextil 2019 in Germany

Turkmenistan took part in the Heimtextil 2019 international exhibition in Germany’s Frankfurt, Trend reports referring to Turkmen Foreign Ministry.

Over 3,000 foreign companies and organizations took part in the exhibition. Representatives of Uzbekistan’s Ministry of Textile Industry and the Chamber of Commerce and Industry were in the Turkmen delegation.

The Turkmen delegation held a meeting with the exhibition company, Messe Frankfurt.

During the talks, the possibilities for expanding the range of textile products produced by Turkmenistan and the development of cooperation were discussed, the report said.

Polymers PET Petrochemicals Textile

Heimtextil 2019: A Lively Start To The New Furnishing Season Gives Hope For A Good Business Year Ahead

The international home textiles industry has enjoyed a promising start at Heimtextil in Frankfurt am Main, which finishes today. The challenging economic situation and uncertainty in the retail sector were countered by a positive and confident mood at the world’s leading trade fair.

3025 exhibitors from 65 countries* took the international trade fair for home and contract textiles to a 15-year high: ‘Exhibitors and visitors accepted the new trade fair concept with great enthusiasm and confirmed the trade fair’s position as the world’s most important meeting place for the industry. The quality of the decision-makers impressed the exhibitors, as did the number of new business contacts from 156 countries, especially international ones – thus enabling Heimtextil to set a new benchmark’, says Detlef Braun, Member of the Board of Management of Messe Frankfurt. ‘Around 67,500 visitors* ensured that there was a busy atmosphere in the halls, despite a slight decline due to various reasons, such as difficult travel conditions on account of the storms in the alpine region and airport strikes in Germany’.

Polymers PET Petrochemicals Textile

Oil prices rise amid OPEC-led output cut last week

Oil prices continued to rise during the week ending Jan. 11, with the price of West Texas Intermediate (WTI) for February delivery increasing by 7.6 percent and Brent crude for March delivery increasing by 6.0 percent.

On Monday, oil prices continued to rise, erasing part of the steep losses in December 2018, as the OPEC-led output cut deal, going into effective this month, has begun to play its role. WTI increased by 0.56 dollar to settle at 48.52 dollars a barrel, while Brent crude increased by 0.27 dollar to close at 57.33 dollars a barrel.

OPEC and its oil-producing allies, including Russia, reached an agreement to slash oil production by a total of 1.2 million barrels per day in December, in a bid to shore up falling prices due to fears of oversupply.

Polymers PET Petrochemicals Textile

Japan’s Unitika unveils high heat aromatic polyamide

Osaka, Japan-based Unitika has developed a series of polyamide (PA) resins that is says can be applied in demanding thermal management applications. The company has tailored specific grades for applications such as LED components and electric motor components that are utilized in the auto and electrical/electronic sectors where thermal management is indispensable. These grades are based on various polymer structures.

Unitika has identified hybrid and electric vehicles as a promising application for its PA resins given demand growth for these vehicle types and the fact that numerous motors need to be enclosed in confined spaces. Electric motors themselves are also becoming increasingly compact, thus spurring demand for more efficient thermal management solutions. Further, with metal replacement by plastic components high on the list of priorities in order to achieve lightweighting. With fewer thermally-conductive metal components, the corresponding performance requirements for engineering plastic compounds are getting tougher.

Polymers PET Petrochemicals Textile

US ethylene spot prices lower on upstream

US ethylene spot prices narrowed with a slightly lower midpoint than the prior week amid a decline in upstream ethane costs, and as sentiment was hampered by anticipated production from new capacity.

US ethylene spot prices were assessed on Friday at 18.250 cents/lb ($402/tonne), compared with 17.750-19.375 cents/lb in the previous week.

An Indorama cracker began start-up during December, with full production expected during 2019. Several more crackers are expected to start up in early 2019, including a Lotte Chem-Westlake joint venture cracker, a Sasol cracker and a Shin-Etsu cracker.

Ethylene spot prices had fallen to historic lows following the start-up of new capacity in 2018 and remained low during much of the mid-year as production outpaced demand. Spot ethylene prices began rising in the second half of 2018 as the increased demand on ethane feedstocks pushed costs higher and tightened cracker margins.

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Plastic recycling attracts investment in Japan after China ban

No longer able to export as much waste, companies seek new solutions

Japanese companies are pouring investment into plastic recycling facilities to handle the rise in bottles and used home electronics remaining in the country following China’s near-total ban on imports of plastic waste.

Established businesses are joining the field. Suntory Holdings helped develop a technology that reduces carbon emissions from the production of containers by 25% and is working with Kyoei Sangyo, a plastic-bottle recycler north of Tokyo, to use it in recycling.

Kyoei Sangyo has invested 2 billion yen with Suntory in a group facility to supply 300 million recycled plastic bottles each year.

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UK circular plastics network to share best practice on plastics sustainability

A UK Circular Plastics Network (UKCPN) has been set up by the Knowledge Transfer Network to bring together the diverse users of plastic products and realise the best outcomes for eliminating plastic waste.

Supported by UK Research and Innovation (UKRI), the UKCPN hopes to create a coordinated, integrated and aligned community of stakeholders in order to share best practice.

The network is focused on unlocking the most critical, short-term barriers to plastics circularity. It is envisaged that by the end of 2019 UKCPN will count 1,000 companies as its members.

Polymers PET Petrochemicals Textile

Macpac Films Limited

Macpac Films Limited was founded and incorporated in 1993. Claiming to be the pioneer of BOPP (Biaxially Oriented Polypropylene) films in Pakistan, the company offers sealable, plain and value added films. With a wide range of BOPP films of multiple grades for packaging purposes, industries as diverse as chips and biscuits to soap and textile are the MACFL’s customers.

The company’s operational capacity is of 15,000 tons with the plant located at Port Qasim. Its associated companies include TOYO Packaging (Pvt) Limited, Hilal Confectionary (Pvt) Limited, Shalimar Food Products (Pvt) Limited, and Kings Food (Private) Limited.

Industry overview

BOPP is a variant of polypropylene (PP), which is a thermoplastic polymer. It has an ideal printing surface and can be made into labels and stickers along with a host of different plastic materials. A study by PITAD estimates that Pakistan consumes around 300,000 tons of PP a year. This demand is met almost entirely by imports.

Since BOPP is made of the petrochemical, it is vulnerable to volatility in the global price of oil and gas feed stocks. PITAD’s study indicates that its consumption is about 40,000 tons per year in the country. Tri-Pack claims to be the market leader with almost 70 percent of the BOPP market in Pakistan.

Polymers PET Petrochemicals Textile

Clariant pigments business plastics coatings

Clariant to sell pigments business to streamline business portfolio Clariant pigments business plastics coatings

DAK Americas Polyethylene Terephthalate Recycling

DAK Americas To Acquire PET Recycling Facility From Perpetual Recycling Solutions   DAK Americas Polyethylene Terephthalate Recycling  

DAK Americas Polyethylene Terephthalate Recycling

DAK Americas LLC(DAK), an Alpek Polyester business, announces that it has signed an Asset Purchase Agreement with Perpetual Recycling Solutions, LLC (Perpetual) to acquire the Perpetual PET recycling facility in Richmond, IN. DAK Americas Polyethylene Terephthalate Recycling  

The Perpetual PET recycling operations have an approximate annual capacity of 100 million lbs/yr (~45,000 tons/yr) of high quality Recycled Polyethylene Terephthalate (rPET) flake.

This facility will complement Alpek Polyester’s current food-grade PET recycling capacity in Pacheco, Argentina and its fiber-grade recycling joint venture facility in Fayetteville, NC, USA.  DAK Americas Polyethylene Terephthalate Recycling  

“The acquisition of Perpetual and additional rPET capacity demonstrates Alpek Polyester’s ongoing commitment to sustainable product offerings to meet growing customer and consumer demand for rPET content.  DAK Americas Polyethylene Terephthalate Recycling  

The addition of this facility will allow us to expand our sustainability initiatives.” stated Jon McNaull, Vice President – PET Resins.

The terms of the agreement have not been disclosed and the acquisition is expected to be completed in the first quarter of 2019.  DAK Americas Polyethylene Terephthalate Recycling  

Source: DAK Americas LLC

Polymers PET Petrochemicals Textile 12-01-2019

Clariant to sell pigments business to streamline business portfolio Clariant pigments business plastics coatings

Clariant has been seeking support from the Deutsche Bank to find a suitable buyer for its pigments business, reported Reuters citing unnamed sources.

The business is estimated to value nearly $821m.

Clariant is expected to send information packages on the sale by the end of this quarter, the news agency added. Clariant pigments business plastics coatings

In the last few years, the pigments industry was subjected to intense competition with Asian firms representing a large percentage of the market share.

Polymers PET Petrochemicals Textile

Mexico’s Alpek to purchase PET recycling plant in Indiana

Mexican petrochemical company Alpek, a unit of conglomerate Alfa, said on Wednesday it had agreed to purchase a PET recycling plant in Richmond, Indiana from Perpetual Recycling Solutions, LLC.

The transaction is expected to close in the first quarter of 2019, Alpek said in a statement, without providing further details. The plant has a capacity of 45,000 tonnes per year.

Polymers PET Petrochemicals Textile

UK’s Third Largest Manufacturing Sector Concerned About Brexit

With the UK government set to vote on the current Brexit deal, new data shows the vast majority of companies in the UK’s third largest employer within the manufacturing sector believe that ‘no deal’ will have a negative impact on their business and that Brexit will not ultimately benefit their business.

The British Plastics Federation is the UK’s leading trade association representing plastics companies and plastics recyclers. In December 2018, it conducted a survey of its members and received responses from over 100 senior figures from within the plastics and plastics recycling industries. It found that two-thirds of plastics companies do not expect Brexit to benefit their business. 7% of respondents feel it will.

Polymers PET Petrochemicals Textile

DAK Americas To Acquire PET Recycling Facility From Perpetual Recycling Solutions   DAK Americas Polyethylene Terephthalate Recycling  

DAK Americas LLC(DAK), an Alpek Polyester business, announces that it has signed an Asset Purchase Agreement with Perpetual Recycling Solutions, LLC (Perpetual) to acquire the Perpetual PET recycling facility in Richmond, IN. DAK Americas Polyethylene Terephthalate Recycling

The Perpetual PET recycling operations have an approximate annual capacity of 100 million lbs/yr (~45,000 tons/yr) of high quality Recycled Polyethylene Terephthalate (rPET) flake.

Polymers PET Petrochemicals Textile

Lenzing and Hyosung to Launch Sustainable Collection at ISPO Munich

Austrian textile firm Lenzing and South Korea’s Hyosung fabrics are partnering on a new collection that brings greater comfort through more options in activewear and intimate apparel manufactured through a process that reduces the impact on the environment. The new collection combines Lenzing’s Tencel Modal and Hyosung’s Creora elastane.

Fabrics from the collection will be promoted for the Spring/Summer 2020 market and unveiled at ISPO (the International Trade Fair for Sports Equipment and Fashion) Munich 2019, the German edition of the global trade-show brand that caters to the sportswear business. The show will be held at Messe München Feb. 3–6.

Polymers PET Petrochemicals Textile

Expanded Turkish offer at Texworld Paris

Sharply increasing its offer this year at Texworld Paris, an international trade show for fashion, which takes place from 11-14 February, Turkey will present about a hundred exhibitors, with a selection of finely made knits, cotton, embroidery and lace.

Thanks to wider booths, the Turkish offer will spread over more than 2,300 square metres, organisers report.

“Turkey has numerous advantages: an experienced creative scene, a major industrial base and most of all an in-depth knowledge of the customs and attitudes of its European neighbours.

Turkey is, therefore, an absolute must for many companies, and the country maintains a key position when it comes to textile imports in Europe (second in European textile imports in 2017).

Also, the total exports of textiles and raw materials in Turkey increased by 8% in the first half of 2018,” they say.

Polymers PET Petrochemicals Textile

OUTLOOK ’19: Turkey’s PE, PP downbeat players face slow year of rebuilding

Turkey’s polyethylene (PE) and polypropylene (PP) players are bracing for a difficult year ahead after the market shrank in size in 2018, with most converters having reduced their outputs by 50-60%.

Climbing interest rates and the collapse in the lira’s exchange rate against other major currencies also meant that some of those who relied on bank credit found themselves bankrupt, having to shut their companies.

There are no obvious jolts anticipated that could prompt a sudden recovery in the Turkish economy, and many players are instead predicting a gradual recovery based on the slowly rising value of the lira.

Polymers PET Petrochemicals Textile

Low feedstock prices, higher supplier inventories and slowed demand in most cases are key drivers.

PE, PP, PS, PVC, and PET prices are generally projected to be flat in January.

With ‘starring roles’ for PP and PS, prices of commodity resins were lower starting in 2019, with the exception of PVC, which stayed flat. For this month, and possibly February, resin prices of PE, PP, PS, PVC, and PET are generally projected to be flat. Driving the trend were continued lower feedstock prices globally, starting with crude oil, and globally higher supplier inventories, with lackluster seasonal demand.

Here is a look at how things were being viewed as we approached mid-January from purchasing consultants at Resin Technology, Inc. (RTi), Fort Worth, Texas; senior editors from Houston-based PetroChemWire (PCW); and CEO Michael Greenberg of the Plastics Exchange in Chicago.

Polymers PET Petrochemicals Textile

Overused plastic bottles ‘carcinogenic’

Bhubaneswar: Despite Bhubaneswar Municipal Corporation’s (BMC) best efforts to curb of plastic use in the city, small street restaurants, roadside eateries and tea stalls run by the civic body are blatantly violating rules to provide drinking water to customers in overused and soiled plastic bottles which are turning into a potential health and environmental hazard.

Health experts in the city have also pointed out that uninformed people are drinking water from these bottles which are intended for single use only. They warn that random use of such overused and unhygienic plastic bottle may result in severe health challenges.

Polymers PET Petrochemicals Textile

North American commodity resin prices take a December dive

Materials Resin Pricing Canada Mexico United States

Prices for most North American commodity resins spent the end of 2018 racing to the bottom.

In December, average selling prices for polypropylene fell 8 cents per pound, according to market sources contacted by Plastics News. Regional prices for all grades of polyethylene slipped 3 cents per pound, while solid polystyrene prices slid 7 cents and PET bottle resin prices declined by 4 cents.

These declines mostly were tied into lower seasonal demand and higher supplies of both resins and feedstocks, sources said.

The PP drop follows a 10-cent tumble in November for a major two month drop of 18 cents per pound. These slides were tied to changes in price for polymer-grade propylene feedstock. Those prices have dropped as propylene supplies have increased.

Polymers PET Petrochemicals Textile

Neopac presents new recycled plastic tube at PCD Paris

Neopac will showcase a new recycled plastic tube at Perfume, Cosmetics & Design Paris, January 30-31. The new tube is the latest addition to Neopac’s EcoDesign line of products, which the company created to satisfy customer desire for more sustainable packaging materials. EcoDesign products comply with EU legislation requiring minimized environmental impact for packaging solutions.

Neopac’s recycled tubes, which are used for a variety of applications, are made from a body and shoulder mixture containing up to 75% recycled, food-grade compliant polyethylene plastics. The recycled material contains 50% PCR (post-consumer recycled) – for example, milk bottles from closed loop recycling in Western European countries, and 25% from PIR (post-industrial recycled) material from tube laminate production waste.

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Sinochem completes acquisition of Elix Polymers

China’s Sinochem International (Overseas) Pte. Ltd. has completed the 195 million euro ($223.8 million) acquisition of Spanish ABS specialist, Elix Polymers SL, from private equity firm Sun European Partners LLP.

The supplier of ABS polymers and products started off as part of Germany’s Bayer AG, moved to Lanxess and Ineos and since 2012 has been owned Sun European Partners.

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Trinseo January polycarbonate prices Europe 

Trinseo raises January PC prices in Europe 

Trinseo January polycarbonate prices Europe

Trinseo (formerly Styron), a major European manufacturer of polymer products, announced an increase in January prices for all brands of polycarbonate (PC) for the European region, the company said. Trinseo January polycarbonate prices Europe 

The price increase came into force on January 7, 2018 and is consistent with the terms of current contracts.  Thus, the January contract and spot prices of the company’s PC for the CALIBRE brand rose by EUR300 per ton.

Earlier it was noted that the last time in the European market Trinseo raised PC prices from July 1 last year.  Then the price increase was EUR100 per ton.  And before that, from May 1, 2018, the company raised prices for all PC brands for Europe by EUR70 per ton.

According to the ICIS-MRC Price Review , the price drop on the Russian PC market continued at the end of November and in December last year.  The cost of Kazan PC on the market by the end of the year reached the levels of the beginning of 2017.

Trinseo (formerly Styron), headquartered in Horgeng, Switzerland, is the largest European manufacturer of polystyrene, emulsion polymers, polycarbonate and synthetic rubbers.  From February 1, 2015, Styron changed its name to Trinseo.

mrcplast.ru

Author:   Margarita Volkova

Polymers PET Petrochemicals Sustainability 11-01-2019

-China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 8,000/8,100 yuan/ton – PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton

PTA Taiwan 805/825 $/ton – PTA domestic market 6,250/6,350 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,050/5,150 yuan/ton – PX Korea 1,030/1045 $/ton

POY 150D/48F  domestic market 8,000/8,150  yuan/ton – DTY 150D/48F  domestic market 10,000/10,100  yuan/ton – PSF domestic market 8,800/8,900  yuan/ton

Polymers PET Petrochemicals Sustainability

Brexit: Japan’s PM says ‘wish of whole world’ to avoid no-deal

Shinzo Abe pledged “total support” for the withdrawal agreement she has negotiated with the EU, which faces a crunch vote in the Commons on Tuesday.

Mrs May has been speaking to Labour MPs and union leaders in a bid to try to get her deal through the Commons, where scores of her own MPs oppose it.

It comes as Honda UK announced a six-day post Brexit shut down.

The Japanese-owned car giant said the move was to ensure it could adjust to “all possible outcomes caused by logistics and border issues”.

Polymers PET Petrochemicals Sustainability

Crude Oil Prices Trend

Polymers PET Petrochemicals Sustainability

Trinseo raises January PC prices in Europe 

Trinseo (formerly Styron), a major European manufacturer of polymer products, announced an increase in January prices for all brands of polycarbonate (PC) for the European region, the company said.

Trinseo January polycarbonate prices Europe

The price increase came into force on January 7, 2018 and is consistent with the terms of current contracts.

Thus, the January contract and spot prices of the company’s PC for the CALIBRE brand rose by EUR300 per ton.

Polymers PET Petrochemicals Sustainability

HDPE prices down adjust in South Asia

HDPE prices slipped in the South Asian regions this week.

The price fall was attributed to deals concluded at lower price levels and sufficient product avails in the region.
In India, HDPE yarn grade rates were at the USD 1065/mt levels, while in HDPE BM prices were assessed at the USD 1060/mt, both down USD 10/mt on the week.

HDPE film prices were assessed lower at the USD 1055/mt CFR levels, a week on week drop of USD 15/mt. HDPE injection prices were at the USD 1050/mt levels, down USD 10/mt from the previous week.
In Sri Lanka, HDPE yarn grades rates were assessed lower at the USD 1090/mt levels, a drop of USD 10/mt on the week.

HDPE BM prices were at the USD 1080/mt levels while HDPE film prices were at the USD 1070/mt levels, both down USD 10/mt from the last week.

HDPE injection grades rates were assessed lower at the USD 1090/mt levels, a week on week decrease of USD 10/mt.

Polymers PET Petrochemicals Sustainability

Bio-on launches new company to develop the use of bio-plastics in the electronics sector.

“Bi-on and Kartell have joined together to form a new company called Eloxel.Smartphones, watches, televisions, computers, wellness systems and other products have long been part of our bio-plastics’ development plans.”

Italian bio-plastics company Bio-on has teamed up with design specialist Kartell to unveil a new company called Eloxel in order to develop the use of bio-plastics in the electronics sector.

Eloxel will specifically focus on organic electronics, a form of advanced technology that can be used to create a range of technologies like printed solar cells or computer screens that you can roll up and put in your pocket.

Polymers PET Petrochemicals Sustainability

Weaving new life into discarded plastics Eco Spindles is pioneering the nation in recycling revolution

Eco Spindles Pvt Ltd is leading the way in sustainable manufacturing by recycling plastic waste into an array of new products and mastering the art of taking discarded plastic waste and converting it into high quality products that can be used across multiple industries. The company’s work has helped to encourage a circular economy at a national level, boost economic growth, encourage the use of eco-friendly materials and support the livelihoods of countless Sri Lankans.

Yarn, brushes and textiles galore: The Company operates a monofilament industry to manufacture brushes and other janitorial products. Eco-Spindles also spearheads the group’s latest state-of-the-art polyester yarn plant, in which yarn is produced exclusively from recycled Polyethylene Terephthalate (commonly known as PET flakes).

Polymers PET Petrochemicals Sustainability

Arburg to showcase additive production of functional plastic components

Arburg plans to showcase the additive production of functional plastic components made from qualified original materials at TCT Asia.

Arburg will present its two 200-3X freeformers processing medical TPE-S and flame-proof PC for applications in the medical technology and electronics industries.

As an example, several dozen components will also be demonstrated to show the capabilities of Arburg Plastic Freeforming (APF).

Lukas Pawelczyk, responsible for global freeformer sales at Arburg, said, “The market for additive manufacturing is growing rapidly and offers an interesting production technology solution to complement injection moulding.

With our decades of know-how in plastics processing and our two freeformers in sizes 200-3X and 300-3X, we offer attractive solutions for both experts and newcomers to additive production using the APF process.”

Polymers PET Petrochemicals Sustainability

Teijin Frontier To Exhibit At DOMOTEX 2019

Teijin Frontier Co., Ltd., the Teijin Group’s fibers and products converting company, announced today that it will participate in DOMOTEX 2019, a leading trade fair specializing in floor coverings.

The show will take place at Hanover Fairground in Hannover, Germany from January 11 to 14. This will mark Teijin Frontier’s third appearance at the event.

Teijin Frontier’s stand (F70, Hall 011) will showcase a variety of innovative floor coverings decorated with Japanese designs.

The products combine the distinctive beauty of Japanese design with “made in Japan” quality.

Polymers PET Petrochemicals Sustainability

Lenzing brings Refibra to Heimtextil for first time

Fiber technology also addresses the circular economy

Lenzing has put its Tencel-branded Lyocell fibers with Refibra technology in the spotlight at Heimtextil this week.

This is the first time Refibra has been the key Tencel fiber highlighted at a home & interior trade show.

Addressing the circular economy in home textiles, the Rifibra technology unites two innovations: the eco-friendly, closed loop production process of Tencel Lyocell fibers and the upcycling of a substantial proportion of cotton scraps.

Polymers PET Petrochemicals Sustainability

Saudi Arabia announces rise in oil reserves

Top oil exporter Saudi Arabia announced a slight rise in its crude oil reserves on Wednesday after they were independently audited, providing more detail about the size of deposits shrouded in secrecy for decades.

Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest but few details were public.

The external audit was started as part of preparations for the initial public offering of state oil company Saudi Aramco.

Polymers PET Petrochemicals Sustainability

Researchers at Tel Aviv University create sustainable tech that could rid the oceans of plastic

A group of researchers at Tel Aviv University have found a process to make bioplastic polymers that do not require fresh land or water, resources that are scarce in much of the world.

The polymer is derived from microorganisms that feed on seaweed, and is biodegradable, produces zero toxic waste, and recycles into organic waste.

The researchers harnessed microorganisms that feed on seaweed to produce a bioplastic polymer called polyhydroxyalkanoate (PHA), and was found thanks the raw material of multicellular seaweed, which can be eaten by single-celled microorganisms which produce a polymer that can be used to make bioplastic.

Polymers PET Petrochemicals Sustainability

Report: BASF marketing Solvay assets to save deal

Materials Mergers & Acquisitions BASF SE Solvay SA

German chemical giant BASF SE’s attempts to gain approval for its 1.6 billion euro ($1.85 billion) acquisition of Solvay SA’s nylon business have taken another step forward, according to Reuters.

BASF is marketing some of the assets of the Belgium-based chemical group’s nylon business to other companies that tried to buy the Solvay business in a 2017 auction, the news agency reports in a Jan. 8 story from Frankfurt citing people close to the matter.

The companies reportedly include South Korea-based SK Innovation, China-based King Fa, and private equity firm SK Capital, which owns Ascend Performance Materials, a producer of adiponitrile (ADN).

ADN is the essential raw material to make hexamethylene diamine, which is the primary component of nylon 6/6 – a material used extensively in the auto industry for its high heat resistance.

Polymers PET Petrochemicals Sustainability

Chemical recycling of plastic waste

From plastic waste to new chemical products

Plastics do have proven benefits during their use phase – for example preservation of food loss, lightweight construction of vehicles and building insulation.

Plastic waste, however, and in particular plastic waste in the context of marine littering, is perceived as a major global challenge.

There is also increasing regulatory pressure regarding recycling quota and recyclability on the one hand and strong commitments of our customers towards increasing the share of recycled material in their offerings on the other hand.

Chemical recycling of plastic waste

RadiciGroup Performance Yarn Domotex

Hannover, 11-14 January 2019

New soft touch collections on display at Domotex. RadiciGroup Performance Yarn Domotex

Soft and easy-to-clean: the two most popular keywords in the carpet industry. RadiciGroup expands its range.

RadiciGroup has confirmed its participation at Domotex 2019, and the RadiciGroup Performance Yarn Business Area has launched its “Product Range Options” catalogue with its newest yarn collections featuring the latest market trends in textile flooring.

The new product range includes PA 6 and PA 66 BCF yarns – for both residential and contract applications – meeting the market’s quest for soft touch products capable of giving carpet a rich look and a soft-to-the-touch feel. RadiciGroup Performance Yarn Domotex

“With years of experience in the industry under our belt and a proven ability to develop yarns with excellent performance features,” said Arturo Andreoni, marketing director of RadiciGroup Performance Yarn, “we started working on making our yarns more pleasing to the eye and softer to the touch, as well as creating solution-dyed yarns in brilliant colours, to satisfy the most diverse aesthetic needs of today’s designers.”

RadiciGroup Performance Yarn Domotex

To give fair attendees a hands-on experience of this perfect marriage of beauty and performance, the fitted carpet in the RadiciGroup stand at Domotex (Hall 11 Booth C48) was manufactured with Radifloor® Residential BCF PA66 1100 F 256 x2 Bright-Dull HS Superba, the PA 66 BCF yarn chosen by Condor Carpets for its new line of luxury flooring on display at Domotex at the Dutch company’s stand.

At Domotex 2019, RadiciGroup is exhibiting tapestry made by its German customer Halbmond, which uses a new printing technology to reproduce evocative imagery on carpet: the raw material is a PA 6 raw yarn developed by RadiciGroup and particularly suited for high-definition, 3D-image printing with excellent colour rendering.RadiciGroup Performance Yarn Domotex

“In the polyamide 6 BCF yarn segment,” Mr. Andreoni continued, “we have adopted a strategy focused on optimizing products with the attributes most sought after by European carpet makers

and taking into consideration the new printing technologies available. As for PA 66 yarn, a more demanding market from a performance point of view, we have enlarged our portfolio of soft yarns.RadiciGroup Performance Yarn Domotex

RadiciGroup Performance Yarn Domotex

Mr. Arturo Andreoni, marketing director of RadiciGroup Performance Yarn

Let us not forget,” Mr. Andreoni concluded, “that, today, RadiciGroup is the only European manufacturer capable of producing both nylon 6 and nylon 66 yarns, owing to our vertical

integration in the chemicals business – a ‘plus’ appreciated by the market.”

Another new entry at RadiciGroup Performance Yarn is Radifloor® Stanèt, a PA 6 specialty yarn available in a variety of colours and endowed with embedded stain resistance characteristics.

Carpeting made with Radifloor® Stanèt is easier to maintain: even the most stubborn stains can be removed with water alone – there is no need for aggressive chemicals. For these reasons,

Radifloor® Stanèt is highly suitable for both residential and contract applications. Furthermore, the RadiciGroup Performance Yarn production chain is fully certified: the Group plants specializing in the manufacture and processing of BCF yarn (in Italy, RadiciFil in Casnigo, Bergamo, which also produces PA 6 polymers; in the Czech Republic, Logit Sro in Podborany) are certified to ISO 9001, 14001 and 50001 and OHSAS 18001. Likewise certified to these same standards is the Radici Chimica plant in Novara, Italy, which produces nylon 66 polymers.

RadiciGroup Performance Yarn Domotex

Concerning product certification, a third-party verified Environmental Product Declaration (EPD), was issued for the BCF yarn sold under the Radifloor® brand name. This product is also certified to OEKO TEX Standard 100. Finally, a PEF statement of compliance was awarded to the polymer 66 produced by Radici Chimica.

Besides its BCF yarns, at Domotex 2019 (Hall 11 Booth C48) RadiciGroup is exhibiting its polyamide 6, 6.10 and 6.6 staple fibres (dorix® and Radilon® Staple fibre), ideal for the

manufacture of carpet tiles, and polyethylene, polypropylene and polyamide yarns used for the manufacture of synthetic turf (Radigreen®).

 

RADICIGROUP – With approximately 3,000 employees, sales revenue of EUR 1,147 million in 2017 and a network of production and sales sites located throughout Europe, North America, South America and Asia, RadiciGroup is one of the world’s leading producers of a wide range of chemical intermediates, polyamide polymers, engineering plastics, synthetic fibres and nonwovens. These products – the result of the Group’s outstanding chemical expertise and vertically integrated polyamide production chain – have been developed for use in a variety of industrial sectors, such as: AUTOMOTIVE – ELECTRICAL AND ELECTRONICS – CONSUMER GOODS – APPAREL – FURNISHINGS – CONSTRUCTION – HOUSEHOLD APPLIANCES – SPORTS. The basis of the Group’s strategy is a strong focus on innovation, quality, customer satisfaction and social and environmental sustainability. With its business areas – Specialty Chemicals, Performance Plastics and Synthetic Fibres & Nonwovens (Performance Yarn, Comfort Fibres and Extrusion Yarn), RadiciGroup is part of a larger industrial group that also includes textile machinery (ITEMA), energy (GEOGREEN) and hotel (SAN MARCO) businesses.

RADICIGROUP PRESS OFFICE

Marisa Carrara

marisa.carrara@radicigroup.com

+ 39 345 9148892

Polymers PET Petrochemicals rPET recycling 10-01-2019

-China – Polyethylene Terephthalate

PET and its chain continue to inch up.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 8,000/8,100 yuan/ton – PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton

PTA Taiwan 805/825 $/ton – PTA domestic market 6,250/6,350 yuan/ton – MEG $ 620/635 $/ton – MEG domestic market 5,100/5,250 yuan/ton – PX Korea 1,010/1025 $/ton

POY 150D/48F  domestic market 8,000/8,150  yuan/ton – DTY 150D/48F  domestic market 10,000/10,100  yuan/ton – PSF domestic market 8,800/8,900  yuan/ton

Polymers PET Petrochemicals rPET recycling

To BREXIT, or not to BREXIT,that is the question

Polymers PET Petrochemicals rPET recycling

New soft touch collections on display at Domotex.

Soft and easy-to-clean: the two most popular keywords in the carpet industry. RadiciGroup expands its range.

RadiciGroup has confirmed its participation at Domotex 2019, and the RadiciGroup Performance Yarn Business Area has launched its “Product Range Options” catalogue with its newest yarn collections featuring the latest market trends in textile flooring.

The new product range includes PA 6 and PA 66 BCF yarns – for both residential and contract applications – meeting the market’s quest for soft touch products capable of giving carpet a rich look and a soft-to-the-touch feel.

“With years of experience in the industry under our belt and a proven ability to develop yarns with excellent performance features,” said Arturo Andreoni, marketing director of RadiciGroup Performance Yarn, “we started working on making our yarns more pleasing to the eye and softer to the touch, as well as creating solution-dyed yarns in brilliant colours, to satisfy the most diverse aesthetic needs of today’s designers.”

Polymers PET Petrochemicals rPET recycling

Crude Oil Prices Trend

Polymers PET Petrochemicals rPET recycling

OUTLOOK ’19: Europe R-PET market certain on demand, unclear on feedstock supply increase

Not many doubt that the European recycled polyethylene terephthalate (R-PET) market will experience strong demand once more in 2019.

The question is whether or not any new legislation could drive further change for recycling by lifting the feedstock ceiling from recyclers.

After all, although there is continued market talk of R-PET capacity expanding in 2019, the difficulty many recyclers face is in sourcing upstream post-consumer polyethylene terephthalate (PET) bottles.

Polymers PET Petrochemicals rPET recycling

U.S. Oil Shipments To Asia Set To Rise Soon

A combination of lower shipping costs and lower domestic demand will boost U.S. crude oil exports to Asia, Reuters reports, citing sources from the commodity trading and shipping industries.

Freight costs for shipments scheduled to arrive in Asia in late March and April this year are US$0.50 lower per barrel of oil than they were for shipments scheduled to arrive at refineries in December as buyers were in a rush to secure crude ahead of the Iran sanctions that went into effect in early November.

Polymers PET Petrochemicals rPET recycling

May loses grip on Brexit deal after fresh Commons humiliation

Amendments mean PM would be left with little room to move if her Brexit deal is rejected next week

Theresa May’s room for manoeuvre should her Brexit deal be rejected next week was further constrained on Wednesday night, after the government lost a second dramatic parliamentary showdown in as many days.

An increasingly boxed-in prime minister must now set out her plan B within three working days of a defeat next Tuesday, after a rebel amendment passed on Wednesday.

There were furious scenes in the House of Commons, as the Speaker, John Bercow, took the controversial decision to allow a vote on the amendment, tabled by former attorney general Dominic Grieve.

A string of MPs, including the leader of the house of Commons Andrea Leadsom, repeatedly intervened to question the Speaker’s approach, with some accusing him of being biased against Brexit.

Polymers PET Petrochemicals rPET recycling

Our top stories from December 2018

Coca Cola bottles wrapped in plastic at a wholesale market.Stories about beverage companies using recycled plastic, a facility sorting flexible packaging, a chemical producer embracing pyrolysis and authorities dismantling a fraud scheme drew readers’ attention last month.

The list below shows our top stories published in December in terms of unique page views.

1 | Growing PET reclaimer to supply Coca-Cola bottlers

PET recycling startup Loop Industries has inked another deal with a global food and beverage brand.

Polymers PET Petrochemicals rPET recycling

Germany’s chems orders, production sharply down in November

New orders and production in Germany’s chemicals and pharmaceuticals industry both fell markedly in November month on month, the country’s central bank said on Tuesday.

The Bundesbank’s index for chemicals and pharmaceuticals orders fell to 103.6 in November, down from 109.0 in October.

Both domestic and foreign orders declined during the month.

Year on year, the orders index for the industry was also down from the 109.9 mark posted in November 2017.

Meanwhile, the bank’s index for chemicals and pharmaceuticals production fell to 97.9 in November, down from 103.1 in October.

Year on year, production also fell sharply from the 108.2 mark posted in November 2017.

Polymers PET Petrochemicals rPET recycling

Lack of demand could sink ocean plastics recycling program

Plastic waste on a street in Port-au-Prince, Haiti.Envision Plastics has had success integrating marine plastics into the supply chain. But if more brand owners don’t step up to purchase the material, the whole effort may have to scale back, an executive at the reclaimer said.

Reidsville, N.C.-headquartered Envision Plastics has processed millions of pounds of plastic at risk of entering the Caribbean Sea, calling the recycled resin OceanBound Plastic.

But the OceanBound project may not be economically sustainable at current levels because end users have purchased only a fraction of it at prices that cover Envision’s costs, Tamsin Ettefagh, vice president of sales for Envision Plastics, recently told Plastics Recycling Update.

Polymers PET Petrochemicals rPET recycling

Germany’s industrial contraction in November heightens recession fears

Industrial production in Germany contracted month on month in November, raising concerns that the eurozone’s largest economy may have sunk into recession in the second half of the year after the third-quarter’s contraction.

German industrial production fell 1.9% during the month compared to October, according to the country’s Federal Statistics Office, amid weakening exports and a slump in automotive sector demand triggered by the implementation of new emission certifications.

GDP in the country contracted by 0.2% during the third quarter of 2018, and the November production figures point to a deepening industrial decline since then, following the 0.8% month on month drop seen in October.

Polymers PET Petrochemicals rPET recycling

Lenzing Expands Offering For Nonwovens In A High-Tech Application Facility

The Lenzing Group, world market leader for wood-based specialty fibers, is expanding its offering of solutions for the cosmetics, hygiene and medical sectors.

Heiko Arnold, Chief Technology Officer of the Lenzing Group, and Jürgen Lehmann, President of Hof University of Applied Sciences in Saale, Germany, have signed a cooperation agreement to utilize a new spunlacing line for nonwoven applications.

The collaboration between the company and the university will initially last for a period of five years and gives Lenzing access to use the machines and technologies.

Polymers PET Petrochemicals rPET recycling

Asia benzene extends rebound on buoyant crude, US-China talks

Asia’s benzene market firmed this week in a refreshing change after several months of decline, on hopes of a resolution to the US-China trade war in the near term.

Shipping containers at port of Qingdao in China (Source: Sipa Asia/REX/Shutterstock)

Spot prices are continuing their rebound, after strengthening toward the mid-$550/tonne FOB (free on board) Korea levels late last week, backed by gains in upstream crude market.

Brent crude futures increased above $57/bbl this year after tumbling to around $50/bbl in December 2018.

“Sentiment has turned slightly positive as the [US-China] trade talk continues,” a Singapore-based trader said.

Spot benzene prices had tumbled from above $800/tonne FOB (free on board) Korea in the first half of October to the low-$500/tonne FOB Korea levels in early January 2019, ICIS data showed.

Polymers PET Petrochemicals rPET recycling

World Bank Cuts Oil Price Forecast To $67 In 2019-2020

The World Bank expects oil prices to average $67 a barrel this year and next, down $2 compared to projections from June last year, the bank said in its Global Economic Prospects report, in which it also revised down its global growth projections amid “darkening skies” for the global economy.

Oil prices were highly volatile in the second half of 2018, with sharp plunges toward the end of 2018, chiefly due to supply-side factors, the World Bank said. Last year, oil prices averaged $68 a barrel, slightly lower compared to the bank’s forecast from June 2018, but 30 percent higher than the average price of oil in 2017.

Polymers PET Petrochemicals rPET recycling

US-based researchers develop lignin-nylon material to help with 3D printing process.

ORNL has created a new composite material for additive manufacturing that makes use of lignin (picture courtesy of ORNL). “Structural characteristics of lignin are critical to enhance 3D printability of the materials.”

Oak Ridge National Laboratory (ORNL) scientists have created a new composite material to be used for 3D printing that makes use of lignin – a biorefinery by-product. According to Tennessee-based ORNL, this feedstock could spur a profitable new use lignin.

The discovery was detailed in scientific journal Science Advances. Lignin is the material left over from the processing of biomass. It gives plants rigidity and also makes biomass resistant to being broken down into useful products.

“Finding new uses for lignin can improve the economics of the entire biorefining process,” said ORNL project lead Amit Naskar.

Polymers PET Petrochemicals rPET recycling

Details on Indorama’s move to secure U.S. RPET supply

PET baled for recycling.An Indorama Ventures executive says converging factors have led to growing recycled plastic demand, which is key to the resin maker’s acquisition of reclaimer Custom Polymers PET.

Indorama, the largest PET producer worldwide, announced last month it will acquire the recycling plant, located in Athens, Ala. Indorama is expected to formally take control of Custom Polymers PET on Jan. 15.

The Custom Polymers PET recycling facility will be Indorama’s first U.S. bale-to-flake plant. It’s located 15 minutes from Indorama’s Decatur production plant.

The facility has two lines producing more than 68 million pounds of RPET flake and food-grade RPET pellets per year. According to Indorama, which has nine production locations in the U.S., the acquisition will give the company a secured supply of domestic RPET.

Polymers PET Petrochemicals rPET recycling

MEG prices Asia Chinese economy 

MEG spot prices in Asia plummeted amid a weakening Chinese economy  MEG prices Asia Chinese economy 

MEG prices Asia Chinese economy 

MOSCOW – Spot import prices of monoethylene glycol (MEG) in Asia fell in the first week of January, continuing the downward trend from December 2018 amid the economic downturn in China’s key market, ICIS reported. MEG prices Asia Chinese economy 

Sales on the downstream polyester market were low, which further lowered MEG prices.

On January 2, MEG’s price proposals and deals were in the range of USD622-625 per tonne, CFR CMP (main port of China). MEG prices Asia Chinese economy 

Meanwhile, the spot prices of MEG, according to ICIS, on December 21, 2018 were USD660-665 per ton, CFR CMP.

The official Chinese industry growth index (PMI) in December fell to 49.4, which was the first decline in the last two and a half years.

The PMI is a barometer of the economic activity of the economy, where a value above 50 means growth, and below 50 a decrease.

MEG is one of the main raw materials for the production of polyethylene terephthalate (PET). MEG prices Asia Chinese economy 

According to the ICIS-MRC Price Review , at the end of last year, the trend in the Russian PET market has changed, and the cost of the material continued to decline in early 2019.  A sharp drop in the oil market puts pressure on Chinese PET-granulate quotes and its raw materials. MEG prices Asia Chinese economy 

mrcplast.ru

Author:   Margarita Volkova

Paraxylene prices Asia January

Paraxylene prices in Asia fell by 8.01% in early January amid a decline in consumer activity Paraxylene prices Asia January

Paraxylene prices Asia January

MOSCOW – Paraxylene prices in the Asian market declined by 8.01% in the first week of January compared to a level of about two weeks ago, ICIS reported.

So, on January 2, material prices in Asia amounted to USD930-932 per ton, CFR CMP (main ports of China) / Taiwan, against the level of USD1 011-1 013 per ton, CFR CMP / Taiwan, December 21 last year. Paraxylene prices Asia January

Recent price losses in energy markets, combined with a deteriorating global macroeconomic situation, have put downward pressure on paraxylene prices in the region.

Weak demand in downstream markets for the production of purified terephthalic acid (TFA) and polyester further weakened consumer sentiment in the para-xylene sector.

Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate for the production of polyethylene terephthalate (PET). Paraxylene prices Asia January

According to Scan Report Company Market Report, in January-November 2018, the estimated consumption of PET in Russia increased by 3% over the same period a year earlier and amounted to 628.66 thousand tons.  Compared with November 2017, the total estimated material consumption in the Russian Federation increased by 38% and amounted to 56.74 thousand tons against 41.02 thousand tons last year.

mrcplast.ru

Author:   Margarita Volkova

Contact price MEG Europe

Contact price of MEG in Europe for December deliveries decreased by EUR100 per ton Contact price MEG Europe

Contact price  MEG Europe

MOSCOW- The contract price of monoethylene glycol (MEG) in Europe for December deliveries was agreed at EUR825 per ton, which is EUR100 per ton below November contract prices, ICIS was informed by two buyers and sellers.

The buyer said that the reduction in MEG prices was due to a wide supply of material in Europe and a decrease in prices in Asia.  The contract price was agreed on the terms of FD NWE (with delivery to Northeast Europe).  Contact price MEG Europe

Market players were expecting a decline in MEG prices, since ethylene feedstock prices dropped significantly in December.  Thus, the contract price of ethylene in Europe for December deliveries was finally agreed at the level of EUR1,025 per tonne, which is EUR110 per tonne lower than the level of November.

In addition, consumption of polyethylene terephthalate (PET) from the market declined after the announcement of force majeure by Indorama Ventures in Rotterdam in the Netherlands in late November. Contact price MEG Europe

Earlier it was reported that the contract price of monoethylene glycol (MEG) for November in Europe was finally agreed at EUR925 per tonne, which is EUR74 per tonne lower than the previous month.

MEG along with terephthalic acid (TFA) is one of the main components for the production of polyethylene terephthalate (PET). Contact price MEG Europe

According to ICS-MRC ‘s Price Review , the fall in prices on the world markets for raw materials and PET granules continues to push prices down in the domestic market of Russia.  The cost of the December volumes of Russian manufacturers for contract and spot buyers is aggressively reduced. Contact price MEG Europe

November was generally a month of low demand in the market for injection molded PET.  In December, an increase in the consumption of granules by Russian processors is expected in comparison with November.

mrcplast.ru

Author:   Anna Larionova

Polymers PET Petrochemicals Biomaterials 09-01-2019

-China – Polyethylene Terephthalate

PET and its chain inch up.

PET Bottle grade export 1,000/1,040 $/ton – PET Bottle grade domestic market 7,950/8,050 yuan/ton – PET Filament grade SD domestic market 7,550/7,700 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 805/825 $/ton – PTA domestic market 6,200/6,350 yuan/ton – MEG $ 620/635 $/ton – MEG domestic market 5,100/5,250 yuan/ton – PX Korea 9,80/990 $/ton

POY 150D/48F  domestic market 8,000/8,150  yuan/ton – DTY 150D/48F  domestic market 9,950/10,050  yuan/ton – PSF domestic market 8,750/8,850  yuan/ton

Polymers PET Petrochemicals Biomaterials

-MEG spot prices in Asia plummeted amid a weakening Chinese economy  MEG prices Asia Chinese economy 

Spot import prices of monoethylene glycol (MEG) in Asia fell in the first week of January, continuing the downward trend from December 2018 amid the economic downturn in China’s key market, ICIS reported. MEG prices Asia Chinese economy

Sales on the downstream polyester market were low, which further lowered MEG prices.

On January 2, MEG’s price proposals and deals were in the range of USD622-625 per tonne, CFR CMP (main port of China).

Polymers PET Petrochemicals Biomaterials

Paraxylene prices in Asia fell by 8.01% in early January amid a decline in consumer activity 

Paraxylene prices in the Asian market declined by 8.01% in the first week of January compared to a level of about two weeks ago, ICIS reported.

So, on January 2, material prices in Asia amounted to USD930-932 per ton, CFR CMP (main ports of China) / Taiwan, against the level of USD1 011-1 013 per ton, CFR CMP / Taiwan, December 21 last year.

Recent price losses in energy markets, combined with a deteriorating global macroeconomic situation, have put downward pressure on paraxylene prices in the region.

Weak demand in downstream markets for the production of purified terephthalic acid (TFA) and polyester further weakened consumer sentiment in the para-xylene sector.

Polymers PET Petrochemicals Biomaterials

Crude Oil Prices Trend

Polymers PET Petrochemicals Biomaterials

Man-made fibres sector increases market share

Polymers PET Petrochemicals Biomaterials

Contact price of MEG in Europe for December deliveries decreased by EUR100 per ton Contact price MEG Europe

The contract price of monoethylene glycol (MEG) in Europe for December deliveries was agreed at EUR825 per ton, which is EUR100 per ton below November contract prices, ICIS was informed by two buyers and sellers.

The buyer said that the reduction in MEG prices was due to a wide supply of material in Europe and a decrease in prices in Asia.  The contract price was agreed on the terms of FD NWE (with delivery to Northeast Europe).

Polymers PET Petrochemicals Biomaterials

Meetingpack 2019 focuses on the Circular Economy regarding plastic barrier packaging for food and beverages

Co-organized by AINIA and AIMPLAS, the IV edition of this technology event of the plastics sector will take place on 29 and 30 May 2019.

By 2030, all plastic packaging placed on the EU market should be reusable or recyclable. The achievement of this objective gives rise to an unprecedented time of changes and a boost of technological innovation in the packaging, retail and consumer goods’ sectors.

The commitment to the circular economy, based on the principles of reducing, reusing and recycling, is a challenge for sustainability and waste management. In this sense, solutions are expected to find new materials for lasting reusable packages that allow a high-quality recycling but also safe and that make life easier.

Polymers PET Petrochemicals Biomaterials

Mumbai to host textile technology show GTTES 2019

The second edition of the global textile technology and engineering show, GTTES 2019, will be held from January 18-20, 2019, in Mumbai. GTTES 2019, organised by India ITME Society, is ready to start a new successful business year with new optimism, opportunities, and prospects for the textile industry with more than 400 exhibitors from around 48 countries.

GTTES has grown in size and numbers and has achieved 26 per cent growth rate attracting about 168 companies as first time participants who have never participated in any ITME events. This is a remarkable response to the second edition of GTTES, indicating that this event has achieved its place as a reliable international business platform for both domestic and overseas companies. It is very attractive for start-ups and small, medium companies from non-metro cities due to its low cost participation charges and focused exhibit chapters, according to a press release on the event.

Polymers PET Petrochemicals Biomaterials

Ghana’s textile industry to get boost due to 3 years VAT exemption from govt.

Ghana used to boast of a textile industry that employed around 30,000 people but now the industry has seen lots of downturn and currently it employs around 5000 (Image Credit: Wikipedia)

The local textile industry based in Ghana has got a boost following the government’s decision to zero-rate Value-Added Tax (VAT) on the supply of locally manufactured textiles for a period of three years. This move is adopted to shorten their cost build up, make the local textile industry price-competitive and assist them in competing for the influx of cheap textile products from other parts of the planet.

Polymers PET Petrochemicals Biomaterials

Israel’s Only Plastic Bottle Recycler Shuts Down

Plastic bottles and other plastics lie washed up on the north bank of the River Thames in London. (AP Photo/Matt Dunham, File)

The only factory in Israel that processed recycled plastic bottles has closed down. The Aviv factory in the Naot Haviv Industrial Zone near Be’er Sheva was the destination for all plastic bottles that were collected in recycling bins throughout Israel. With the closure of the factory, the bottles will be exported to recycling centers abroad. Most of the firm’s 70 workers were sent home.

Last year, it was reported that the factory was facing financial problems, and as a result cut down on its activities. The owners attempted to cut costs, as well as applying for subsidies from various government agencies, but the efforts did not work out.

Polymers PET Petrochemicals Biomaterials

Saudis Set Sights On $80 Oil

Hoping to drive oil prices back up to $80 per barrel, Saudi Arabia is preparing deeper production cuts this month.

Saudi Arabia plans on lowering oil exports to 7.1 million barrels per day by the end of the month, according to the Wall Street Journal. The Saudi budget does not breakeven unless Brent crude prices average in the mid-$80s per barrel, vastly higher than today’s spot price. The WSJ reports that Saudi Arabia plans on cutting exports 800,000 bpd below November levels, which appears to be a larger reduction than required as part of the OPEC+ agreement.

The news helped push up crude oil prices on Monday. “The market has jumped all over that,” John Kilduff, founding partner at energy hedge fund Again Capital, told CNBC.

Polymers PET Petrochemicals Biomaterials

Sustainability: It’s more than just a trend

It’s 2019 and people are throwing “sustainability” around like we are playing a game of catch. With sound slogans and aesthetically pleasing products, it’s no wonder the term has evolved into a buzzword. I can’t count the number of times I have heard someone recycling, only to receive the adorational response, “Oh, that’s so good of you,” as if the recycler has just solved climate change.

Now, this is not to say that identifying as “sustainable” is a bad thing. In many ways, recycling and commending your friends for doing so is a really good thing. But my concern is, how many people are being sustainable just to sound trendy? Or even more so, how many people actually care about maintaining and even reducing the overall means of production?

Polymers PET Petrochemicals Biomaterials

Is WTI Set To Rally?

U.S. crude oil prices hit the lowest in 18 months in the last week of 2018, having slumped by nearly 40 percent from four-year highs hit in early October.

In the first week of 2019, oil prices jumped, supported by rising equity markets, signs of a possible U.S.-China trade war thaw, and signs that OPEC and its largest producer Saudi Arabia are slashing oil production, possibly by more than they had pledged in early December.

Some analysts now believe that oil prices, WTI in particular, may be primed for a new rally, due to technical indicators and to the supply and demand picture going forward.

Polymers PET Petrochemicals Biomaterials

Self-sufficient China still a big target for ethylene imports

Competition to import ethylene and ethylene derivates into China will likely become tougher this year despite the country becoming increasingly self-sufficient.

Reports Wood Mackenzie, China is currently around 55 per cent self-sufficient in the ethylene value chain and continues to be the largest importing country in the world for ethylene, polyethylene, ethylene glycol, and other ethylene derivatives.

However, China will begin to measurably increase its self-sufficiency in the ethylene value chain through more domestic capacity in this sector beyond the traditionally state-controlled companies of Sinopec, Petrochina, and CNOOC by encouraging further private Chinese and Western investments. The majority of new refinery/paraxylene projects will be implemented by private Chinese companies.

Polymers PET Petrochemicals Biomaterials

Vietnam’s garment sector turns appealing for FDI investors08

Vietnam’s textile and garment industry has become increasingly appealing to large foreign investors who want to seize opportunities with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) getting effective in January, analysts say. Many German and US companies manufacturing garment items are expanding their presence in the country.

The Vietnam Textile and Apparel Association (VITAS) welcomed many foreign textile and garment producers visiting Vietnam to explore investment opportunities in 2018, said VITAS vice president Truong Van Cam. VITAS is hopeful of more foreign direct investment (FDI) projects to arrive in the coming years.

Polymers PET Petrochemicals Biomaterials

Strongwell names distributor for Spain and Portugal

Headquartered in Puerto Real, Cadiz, Pipespain has a strong presence in Spain and Portugal.Strongwell, a leading pultruder of fibre reinforced polymer composites based in the US, has announced an agreement with Pipespain S.L., from Spain, for the distribution of Strongwell’s Extren fibreglass structural shapes and plate, Safrail fibreglass handrail systems, and Duradek and Duragrid Phenolic pultruded fiberglass gratings, in the countries of Spain and Portugal.

Headquartered in Puerto Real, Cadiz, Pipespain has a strong presence in Spain and Portugal, where it services the marine, offshore, oil and gas, and chemical/industrial markets. Pipespain designs, prefabricates, installs, and offers field technical assistance on piping, structural reinforcement systems, and related support and access systems, based on composite materials.

Polymers PET Petrochemicals Biomaterials

Uzbek producers to participate in textile exhibition in Germany

Enterprises of the Uztextileprom association will take part in the international exhibition of home textiles, Heimtextil 2019, on Jan. 8-10 in Frankfurt, Germany, Trend reports citing Uzbek media.

A delegation of Uzbekistan, consisting of representatives of the Uztextileprom association and a number of manufacturing companies, will present the export and investment opportunities of the textile industry of Uzbekistan at the exhibition.

Polymers PET Petrochemicals Biomaterials

Manmade fibres sector market share

Polymers PET Petrochemicals Biomaterials

The Complications Around Patenting Biotechnology

Many people around the world start their mornings by drinking a glass of orange juice. What these vitamin C drinkers might not know is that their ability to enjoy this tangy beverage stems from a victory within a complicated field of intellectual property law: the area of patenting biotechnology.

In 1873, microbiologist Louis Pasteur patented a new yeast-making method at the French Patent Office. Today, we know this process as pasteurization, and most commercial orange juice companies use his patented biotechnology to bring orange juice to the breakfast tables of hundreds of thousands of families.

Polymers PET Petrochemicals Biomaterials

Loop Industries Thyssenkrupp PET manufacturing

Loop Industries join forces with Thyssenkrupp to help transform PET manufacturing Loop Industries Thyssenkrupp PET manufacturing

Loop Industries Thyssenkrupp PET manufacturing
Loop Industries and Thyssenkrupp to work together to shape the future of PET and polyester manufacturing

Technology firm Loop Industries has announced a strategic alliance with polyester technology company Thyssenkrupp to help shape the future of PET and polyester manufacturing.  Loop Industries Thyssenkrupp PET manufacturing

The ‘Global Alliance Agreement’ is with Thyssenkrupp’s industrial solutions division, Uhde Inventa-Fischer GmbH and aims to combine Loop Industries’ depolymerisation technology with its PET Melt-To-Resin technology.

This alliance has the intention to provide a rapidly scalable Waste-to-Resin (WTR) solution to supply the global demand for 100% sustainable PET and polyester plastic.

Thyssenkrupp electrolysis & polymers technologies business unit chief executive Sami Pelkonen said: “We have successfully established a large variety of patented technologies and processes in the global market. This agreement will enable a very resource efficient and cost-attractive solution for the production of sustainable PET and polyester. The alliance with Loop Industries is an important milestone on the way to producing sustainable PET and polyester.” Loop Industries Thyssenkrupp PET manufacturing

Loop Industries chief executive and founder Daniel Solomita said: “This Global Alliance Agreement allows for Loop’s technology to rapidly transform the plastic market and fully capitalise on our disruptive potential as the leader in the circular economy for PET plastic. Thyssenkrupp’s extensive engineering expertise and proven Melt-To-Resin technology provides Loop with a world class partner to bring the Waste-to-Resin manufacturing solution to market.”

He added that WTR is a significant part of Loop’s commercialisation blueprint to meet the global demand for consumer-packaged goods and other brands for Loop’s branded sustainable resin. Loop Industries Thyssenkrupp PET manufacturing

Loop plan to licence the respective technologies to manufacturing partners globally in order to quickly roll out multiple WTF plants over the next decade.

The integration has already begun, with the two firms collaborating on the WTR process design package ready for licence.

Polymers PET Petrochemicals Automotive 08-01-2019

Traded Prices ($) of Naphtha

Polymers PET Petrochemicals Automotive

-China – Polyethylene Terephthalate

PET and its chain continue to be assessed mixed.

PET Bottle grade export 990/1,035 $/ton – PET Bottle grade domestic market 7,850/7,950 yuan/ton – PET Filament grade SD domestic market 7,550/7,700 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 790/815 $/ton – PTA domestic market 6,100/6,200 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,050/5,150 yuan/ton – PX Korea 9,70/980 $/ton

POY 150D/48F  domestic market 8,000/8,150  yuan/ton – DTY 150D/48F  domestic market 9,950/10,050  yuan/ton – PSF domestic market 8,750/8,850  yuan/ton

Polymers PET Petrochemicals Automotive

Crude Oil Prices Trend

Polymers PET Petrochemicals Automotive

Loop Industries join forces with Thyssenkrupp to help transform PET manufacturing

Loop Industries and Thyssenkrupp to work together to shape the future of PET and polyester manufacturing

Technology firm Loop Industries has announced a strategic alliance with polyester technology company Thyssenkrupp to help shape the future of PET and polyester manufacturing.

The ‘Global Alliance Agreement’ is with Thyssenkrupp’s industrial solutions division, Uhde Inventa-Fischer GmbH and aims to combine Loop Industries’ depolymerisation technology with its PET Melt-To-Resin technology.

This alliance has the intention to provide a rapidly scalable Waste-to-Resin (WTR) solution to supply the global demand for 100% sustainable PET and polyester plastic.

Polymers PET Petrochemicals Automotive

Biopolymers Market Is Booming Worldwide

A fundamental outline of the Biopolymers Market niche is presented by the “Biopolymers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” report that entails definitions, classifications, applications together with industry chain framework. The complete information about the global Biopolymers Market ranging from the basic introduction and history of the market to the analyzed data regarding the market growth and development are provided in the global Biopolymers Market report.

Partial accessibility of petroleum resources, changeability in crude oil prices, and increasing awareness towards ecological issues are key aspects driving the expansion of the biopolymers market in the coming future. Changing ecological regulations on carbon emissions and political conditions and the restrictions on the usage of plastic are also expected to drive the global biopolymers market in the next few years. In spite of being a recessed market, the market is anticipated to experience the considerable growth rate in the coming future.

Polymers PET Petrochemicals Automotive

OUTLOOK ’19: Asia PX supply to lengthen on new capacities

Supply of paraxylene (PX) inAsia should gradually lengthen as a result ofPX capacity expansion growth,driven by twolarge production units coming on stream in thekey China market this year.

Hengli Group’s PXnew capacity would stand at around 4.5mtonnes/year, while Zhejiang PetrochemicalCorporation will be able to produce 4mtonnes/year of PX.

PX is a feedstock for purified terephthalicacid (PTA), which mainly goes into polyesterfibres and polyethylene terephthalate (PET).

Around 98% of PX is used for PTA or dimethylterephthalate (DMT) production.

China is the key PX demand hub globally, withthe country being net-short and heavily relianton imports.

Furthermore, global demand growth is mainlydriven by China, with China’s PTA productioncapacity standing at around 57% of total globalPTA production capacity.

Polymers PET Petrochemicals Automotive

Shell starts production at new US alpha olefins unit

Shell has started production atits fourth alpha olefins (AO) unit at itsGeismar, US, complex, bringing total productionof the material at the site to 1.3mtonnes/year, the Anglo-Dutch energy andpetrochemicals major said on Monday.

The company began to bring the 425,000tonne/year unit online in December, and wascompleted within budget, according to Shellglobal chemicals vice president Graham van’tHoff.

Polymers PET Petrochemicals Automotive

Bethge installs new Monforts machines in record time

Bethges plant manager Frank Katzenstein. © MonfortsBethge AG Textilveredlung, a commission fabric finisher since 1834, based in Switzerland, has installed two new energy-saving six-chamber Montex stenters, as well as a Monfortex compressive shrinkage range, to replace the machinery damaged during the heavy storms that broke in July 2017. Particularly badly affected was the town of Zofingen in the canton of Aargau, where Bethge operates.

“It started with the hail, the most fierce hail storm I’ve ever seen, with stones as long as four centimetres. This was enough to close all of the local roads and then the rain started and just didn’t stop – and the flooding and landslides began,” recalled the company’s plant manager Frank Katzenstein.

Polymers PET Petrochemicals Automotive

Swindon eyes up ground-breaking facility that recycles ‘all plastic’

Swindon Borough Council has today (7 January) announced that it is working on plans to deliver an advanced recycling facility for practically all plastics, including crisp packets and plastic film.

As things stand, major problems in the plastic recycling industry are costing local councils in England up to £500,000 extra a year

As things stand, major problems in the plastic recycling industry are costing local councils in England up to £500,000 extra a year

The proposed facility would employ a feedstock recycling machine provided by specialists Recycling Technology, which can convert plastic waste back into oil, from which new plastics can be made.

In doing so, it is said that Swindon would host the first advanced plastics recycling facility (aPRF) site in England, and the second such building in the UK.

Polymers PET Petrochemicals Automotive

Filatex India is amongst top 5 manufacturers of polyester filament yarns

The global demand for polyester fibre is growing at around 5%, which means that the increase in demand will be approx.

Filatex India Limited is a polyester and polypropylene multifilament yarn and polyester chips manufacturer and Mr Madhu Sudhan Bhageria, the Chairman & Managing Director is a first generation entrepreneur with around four decades of experience.

Filatex India Limited is amongst top five manufacturers of polyester filament yarns. We have two manufacturing facilities at Dadra & Nagar Haveli and Dahej which are equipped with state of the art modern German machines.

Polymers PET Petrochemicals Automotive

U.S. crude starting to seep back to China, but needs lower price

U.S. crude oil is starting to trickle back to China with three cargoes slated to arrive next month, but volumes are still a long way off levels prior to the outbreak of trade hostilities between the world’s two largest economies.

Vessel-tracking data compiled by Refinitiv shows three tankers carrying 3.94 million barrels are en route from the United States to China and will arrive in February.

Prior to the tit-for-tat tariffs being imposed from the middle of last year, crude oil was a success story in the U.S.-China trade relationship as Beijing bought increasing volumes of booming U.S. shale oil production.

Polymers PET Petrochemicals Automotive

Moody’s predicts volatile year for oil and gas prices in 2019

The annual report of Moody’s Investors Service has predicted that prices of Oil and natural gas will be volatile in 2019.

The report, which outlined key credit themes in oil and gas for 2019, noted that while the recent announcement that OPEC and Russia would cut production helps alleviate concerns about oversupply, the pivotal questions in the coming year is whether OPEC and Russia would maintain their production discipline and what might happen in June, when the current agreement expires.

Polymers PET Petrochemicals Automotive

Asia petrochemicals outlook, w/c Jan 7

The Asian petrochemical markets were last week affected by a rebound in crude oil prices by 4.6% which saw some petrochemical market prices rise firmly as well. However, other markets remained quiet and sluggish in the wake of holidays and may only see an increase in activity in the week to follow.

The Asian butadiene market closed on firmer pricing last Friday, as concerns over supply issues and aggressively rising spot prices in China caused regional import indications to rise. Week on week, the CFR China marker rose $10/mt to $1,195/mt last Friday following domestic price increases in the wake of production issues.

Asia’s ethylene market would likely remain bearish this week after a week-on-week fall of $60/mt to $870/mt CFR Northeast Asia last Friday, pressured by ample supplies in Southeast Asia and the Middle East.

Polymers PET Petrochemicals Automotive

KIZAD POLYMERS PARK OPENS SUSTAINABLE MATERIALS INNOVATION IN ABU DHABI

KIZAD, the industrial free zone and subsidiary of Abu Dhabi Ports, is now the home of the KIZAD Polymers Park. Catering to a wide variety of markets, including 3D printing and material composites, the park is set to contribute an estimated $500 million to exports from the UAE each year.

Launched with the objective of bringing foreign investments to the region, KIZAD has already earned the support of 20 local polymer companies, and is in partnership with key raw materials suppliers. The park also has an environmental conscience concerning plastics.

Polymers PET Petrochemicals Automotive

U.S. Eagle Ford oil growth to stall in 2019 amid weak prices

Drillers in the Eagle Ford, Texas’s other shale oil patch, will likely scale back activity in 2019 as lower crude prices eat into cash flows.

Production has already started slowing. Supplies this month are expected to average below 1.3 MMbod for the first time since May, according to consulting firm Rystad Energy AS. If West Texas Intermediate crude prices stay under $50/bbl, output could fall as low as 1.2 MMbbl by year-end, said Artem Abramov, Rystad’s V.P. of shale analysis. That’s 12% below the two-year high reached in October.

Polymers PET Petrochemicals Automotive

Polymers PET Polyethylene Petrochemicals Prices

Polymers PET Polyethylene Petrochemicals Prices

         Polyestertime

ITEM31/12/201807/01/2019+/-
Bottle grade PET chips domestic market7,800 yuan/ton7,900 yuan/ton+100
Bottle grade PET chips export market1,020 $/ton1,025 $/ton+5
Filament grade Semidull chips domestic market7,650 yuan/ton7,650 yuan/ton
Filament grade Bright chips domestic market7,650 yuan/ton7,625 yuan/ton-25
Pure Terephthalic Acid PTA domestic market5,930 yuan/ton6,170 yuan/ton+240
Pure Terephthalic Acid PTA export market820 $/ton805 $/ton-15
Monoethyleneglycol MEG domestic market5,070 yuan/ton5,195 yuan/ton+125
Monoethyleneglycol MEG export market622 $/ton632 $/ton+10
Paraxylene PX FOB  Taiwan market948 $/ton971 $/ton+23
Paraxylene PX FOB  Korea market928 $/ton951 $/ton+23
Paraxylene PX FOB EU market890 $/ton909 $/ton+19
Polyester filament POY 150D/48F domestic market8,150 yuan/ton8,100 yuan/ton-50
Recycled Polyester filament POY  domestic market8,000 yuan/ton7,950 yuan/ton-50
Polyester filament DTY 150D/48 F domestic market10,000 yuan/ton10,000 yuan/ton
Polyester filament FDY 68D24F domestic market 9,600 yuan/ton9,550 yuan/ton-50
Polyester filament FDY 150D/96F domestic market8,950 yuan/ton8,875 yuan/ton-75
Polyester staple fiber 1.4D 38mm domestic market8,900  yuan/ton8,780 yuan/ton-120
Caprolactam CPL domestic market12,400  yuan/ton12,400 yuan/ton
Caprolactam CPL overseas  market1,580 $/ton1,580 $/ton
Nylon6 chips overseas  market1,930 $/ton1,930 $/ton
Nylon6 chips conventional spinning domestic  market14,300 yuan/ton14,300 yuan/ton
Nylon6 chips  high speed spinning domestic  market14,500 yuan/ton14,300 yuan/ton-200
Nylon 6.6 chips domestic  market33,700 yuan/ton33,500 yuan/ton-200
Nylon6 Filament POY 86D/24F domestic  market17,400 yuan/ton17,100 yuan/ton-300
Nylon6 Filament DTY 70D/24F domestic  market20,500 yuan/ton20,100 yuan/ton-400
Nylon6 Filament FDY  70D/24F  domestic  market18,500 yuan/ton18,200 yuan/ton-300
Spandex 20D  domestic  market39,500  yuan/ton39,000 yuan/ton-500
Spandex 30D  domestic  market38,500  yuan/ton38,000 yuan/ton-500
Spandex 40D  domestic  market33,500  yuan/ton33,000 yuan/ton-500
Adipic Acid domestic market7,800 yuan/ton7,800 yuan/ton
Benzene domestic market4,450 yuan/ton4,725 yuan/ton+275
Benzene overseas  market511 $/ton540 $/ton+29
Ethylene South East market820 $/ton760 $/ton-60
Ethylene NWE  market857 $/ton842 $/ton-15
Acrylonitrile ACN  domestic market11,800 yuan/ton11,800 yuan/ton
Acrylonitrile ACN  overseas market1,400 $/ton1,400 $/ton
Acrylic staple fiber ASF  domestic market16,000 yuan/ton16,000 yuan/ton
Viscose Staple Fiber VSF  domestic market13,680 yuan/ton13,560 yuan/ton-120
PP Powder domestic market9,050 yuan/ton9,150 yuan/ton+100
Naphtha overseas market  465 $/ton466 $/ton+1
Phenol domestic market 8,500 yuan/ton8,500 yuan/ton
PS Taiwan 5250 GPPS1,310 $/ton1,310 $/ton
PS Taiwan 8250 HIPS1,420 $/ton1,410 $/ton-10
LDPE CFR Far East 1,032 $/ton1,032 $/ton
LLDPE CFR Far East1,033 $/ton1,023 $/ton-10
LDPE   FOB Middle East1,017 $/ton1,017 $/ton
LLDPE FOB Middle East1,015 $/ton1,005 $/ton-10
HDPE CFR Far East1,071 $/ton1,071 $/ton
Homopolymer PP CFR Far East1,050 $/ton1,050 $/ton
Homopolymer PP FD NWE1,204 €/ton1,205 €/ton

Alpek Corpus Christi PET plant 

Alpek JV acquires Corpus Christi PTA-PET plant  Alpek Corpus Christi PET plant

Source : Hydrocarbon Engineering

by , Editorial Assistant 

Alpek Corpus Christi PET plant 

Alpek, S.A.B. de C.V. has announced that Corpus Christi Polymers LLC (CC Polymers), a joint venture (JV) among certain subsidiaries of Alpek, Indorama Ventures Holding, and Far Eastern Investment (Holding) Ltd, has successfully completed the previously announced acquisition of the Corpus Christi Project from M&G USA Corp. and its affiliated debtors for an aggregate amount of US$1.199 billion in cash and other capital contributions. Alpek Corpus Christi PET plant

The Corpus Christi Project assets include the integrated PTA-PET plant under construction in Corpus Christi, Texas, US, certain M&G intellectual property, and a desalination/boiler plant providing water and steam to the site. Alpek Corpus Christi PET plant

When completed, the Corpus Christi plant is expected to have a nominal capacity of 1.1 million and 1.3 million tpy of PET and PTA, respectively. Alpek Corpus Christi PET plant

Following the acquisition of the Corpus Christi Project, and pursuant to the terms of CC Polymers:

  • Alpek, Indorama, and Far Eastern will provide resources to CC Polymers to complete the project in the most efficient and cost effective way. A timeline and estimated investment for the project’s completion will be provided at a later stage.
  • Alpek, Indorama and Far Eastern will each have the right to receive one third of the capacity of PTA and PET produced at the Corpus Christi Project upon completion. Also, each party will independently procure its raw materials and will independently sell and distribute their corresponding PTA and PET, among other rights and obligations. Alpek Corpus Christi PET plant

Alpek made total contributions of US$266 million in cash and US$133 million non-cash for the closing of the transaction. Alpek’s non-cash contribution is associated to a portion of its secured claim with M&G, arising under the Corpus Christi Capacity Reservation Agreement (2L Claim). Alpek will also obtain US$67 million in cash for the remainder of its 2L Claim, subject to certain conditions.

Polymers PET Petrochemicals sustainability 07-01-2019

Polymers PET Polyethylene Petrochemicals Prices

Polymers PET Petrochemicals sustainability

Crude Oil Prices Trend

Polymers PET Petrochemicals sustainability

‘Eco district’ still on track at INEOS site as new owner sells off surplus equipment and land

The Texas-based consortium that bought the former INEOS and Ocean Spray processing site almost a year ago is ready to move forward with developing it into an industrial “eco district.” The first step, however, is getting rid of unneeded land and equipment.

David Frankens, president of Texas-based Frankens Energy, bought the plant in December 2017, promising to return jobs to the complex and create an “eco district” that integrates environmentally friendly businesses such as recycling, solar energy and mulch production.

Frankens said he planned to invest about $200 million into the plant on 74th Avenue Southwest near the Indian River County landfill.

Polymers PET Petrochemicals sustainability

Alpek JV acquires Corpus Christi PTA-PET plant  

Alpek, S.A.B. de C.V. has announced that Corpus Christi Polymers LLC (CC Polymers), a joint venture (JV) among certain subsidiaries of Alpek, Indorama Ventures Holding, and Far Eastern Investment (Holding) Ltd, has successfully completed the previously announced acquisition of the Corpus Christi Project from M&G USA Corp. and its affiliated debtors for an aggregate amount of US$1.199 billion in cash and other capital contributions.

The Corpus Christi Project assets include the integrated PTA-PET plant under construction in Corpus Christi, Texas, US, certain M&G intellectual property, and a desalination/boiler plant providing water and steam to the site.

Polymers PET Petrochemicals sustainability

Physicists record ‘lifetime’ of graphene quantum bits

Researchers from MIT and elsewhere have recorded, for the first time, the “temporal coherence” of a graphene qubit—meaning how long it can maintain a special state that allows it to represent two logical states simultaneously. The demonstration, which used a new kind of graphene-based qubit, represents a critical step forward for practical quantum computing, the researchers say.

Superconducting quantum bits (simply, qubits) are artificial atoms that use various methods to produce bits of quantum information, the fundamental component of quantum computers. Similar to traditional binary circuits in computers, qubits can maintain one of two states corresponding to the classic binary bits, a 0 or 1. But these qubits can also be a superposition of both states simultaneously, which could allow quantum computers to solve complex problems that are practically impossible for traditional computers.

Polymers PET Petrochemicals sustainability

8 Things That Moved the Circular Economy Forward in 2018

Starbucks’ move away from plastic drinking straws is just one example of how companies moved slightly closer to circular models in 2018.

In their book released in the summer of 2018, corporate responsibility veterans David Grayson, Chris Coulter and Mark Lee predicted a “Regenerative Era” of business. “We believe that as we get closer to 2025, there will be a critical mass of companies committing to a circular economy or closed-loop approach to business,” they wrote in “All In: The Future of Business Leadership.”

The financial incentive is great: The worldwide circular economy has the potential to generate $4.5 trillion in additional economic output by 2030, the global accountancy Accenture estimates. Even reaching a 75 percent waste diversion rate could create 1.1 million new jobs by 2030 in the U.S. alone, according to 2018 research.

Polymers PET Petrochemicals sustainability

Remove hazardous substances in plastics by 2025, EU body says

Commission, member states should ‘fully explore’ options to boost circular economy funding

Hazardous substances should be “completely removed” from plastic products by 2025, the EU Committee of Regions (CoR) has said in an opinion on the European Commission’s plastics strategy.

According to the Committee, this would be necessary in order to make all plastic products and packaging recyclable by that date.

The Committee of Regions is an advisory body made up of representatives of local or regional authorities in the EU. It issues opinions on proposed legislation and agrees on resolutions for further action by the European Union.

According to the EU plastics strategy, published in January last year, by 2025 some 10m tonnes of plastics should be recycled.

However, the presence of hazardous chemicals in recycled materials poses a challenge for a ‘clean’ circular economy.

Polymers PET Petrochemicals sustainability

Composition of Plastic Fractions in Waste Streams: Toward More Efficient Recycling and Utilization

Reuse of materials is a significant global goal that contributes to sustainable development. Polymer-specific plastic identification from the waste stream is examined in this study to achieve environmentally optimistic reuse of plastic material in secondary applications. Two diverse waste streams, 86.11 kg of construction and demolition waste (CDW) plastic and 57.74 kg of mechanically sorted plastic, were analyzed by using a handheld tool whose identification technology was based on the near-infrared spectrum. The study indicates a significant effect of human and single fraction on manual separation. The polymer composition in the plastic waste stream varied depending on the source, but the most common plastic grades, polypropylene (PP) and polyethylene (PE), were represented in every waste stream.

Polymers PET Petrochemicals sustainability

FTC reaches settlement on $1.1 billion joint venture between three PET manufacturers

A $1.1 billion joint venture between three polyethylene terephthalate resin (PET) manufacturers, which the federal government charged would violate antitrust laws, has been restructured as part of a settlement with the Federal Trade Commission (FTC).

According to the FTC, Alpek S.A.B de C.V. (DAK), Indorama Ventures Plc and Far Eastern New Century (FENC) formed Corpus Christi Polymers LLC (CCP) as a joint venture company in order to bid on a PET production facility owned by M&G, which was up for bankruptcy.

Polymers PET Petrochemicals sustainability

Indiana plastics recycler seeks environmental permit

Plastics Recycling Inc. applies for a permit for a facility in Indiana.

The Indiana Department of Environmental Management (IDEM) has announced that Indianapolis-based Plastics Recycling Inc. has submitted an application for a new source construction and a Federally Enforceable State Operating Permit (FESOP). If approved by IDEM’s Office of Air Quality (OAQ), the proposed permit would allow the company to construct and operate a stationary plastics recycling plant in the state.

On its website, Plastics Recycling Inc. describe itself as a recycler of polystyrene and other materials that acts as a source for virgin material alternatives for manufacturers. The company says it can “shred, grind, and refine parts, purges, dunnage and other items through [its] recycling systems.”

Polymers PET Petrochemicals sustainability

Iran Exports Nano-Antibacterial Towel to Iraq, Canada

Two Iranian knowledge-based firms have managed to produce and export Nano-Antibacterial towels to Iraq and Canada.

Being built on the technical know-how of Nanoparticles, the towels are capable of removing bacterium and fungus without triggering any type of skin allergy.

“To produce the towels, the Iranian scientists have used Silver Nanoparticles,” Hasan Eslahi, one of the members of the Iranian scientific team which has produced the towels was quoted as saying in a report by ISNA.

Polymers PET Petrochemicals sustainability

Plastic isn’t the only thing polluting our waterways

People living on the Dutch islands of Vlieland and Terschelling got some bonus Christmas presents when a Mediterranean Shipping Co. (MSC) container ship lost 270 containers in the North Sea. According to a news report in the Wall Street Journal, “everything from flat-screen televisions and car parts to Ikea furniture, shoes and toys” washed up on the islands’ beaches, resulting in a mad scramble by residents to collect the free goods.

The MSC Zoe, one of the world’s biggest cargo ships, spilled the containers just off the German Island of Borkum. Geneva-based MSC said it hired a salvage company to handle the “substantial spill.”

Polymers PET Petrochemicals sustainability

Ageing properties and polymer/fuel interactions of polyamide 12 exposed to (bio)diesel at high temperature

Biodiesel derived from oil crops and animal fats has been developed as a promising carbon-neutral alternative to petroleum fuels in the transport sector, but the compatibility between biodiesel/petroleum diesel and polymer components in the automotive fuel system has not been free from controversy.

In this present study, the degradation of polyamide 12 (PA12), one of the most common polymers used in vehicle fuel systems, has been investigated after exposure to petroleum diesel, biodiesel and a mixture of these (20 vol.% of biodiesel/80 vol.% petroleum diesel).

Polymers PET Petrochemicals sustainability

Vice President asks textile industry to focus on innovation

Tells industry to discard outdated technology and modernize its machinery to be globally competitive..

The Vice President of India, Mr M. Venkaiah Naidu today asked the textile industry to develop a culture of innovation and tap newer markets so that India’s exports share in the global market could increase.

Addressing the outreach event on ‘Accomplishments and Way Forward for Textile Sector’, Vice President said that India’s export performance has been not up to expectations for a variety of reasons. “It cannot be business as usual and the industry has to rise to the occasion and ensure that the share of India’s exports reach double digits from approximately 5 per cent at present. You need to diversify your products and tap newer markets”, he advised the industry.

Polymers PET Petrochemicals sustainability

‘Arabplast 2019’ shows commitment to plastics innovation, sustainability

Borouge, a leading petrochemicals company that provides innovative, value creating plastics solutions, will disclose its current and future expansion projects and re-emphasize its partnerships that contribute to supporting the local industry while participating as a Strategic Partner at ArabPlast 2019, the largest plastics, petrochemicals and rubber industry trade show in the MENA region being held in Dubai on January 5-8, 2019.

Dr Abdullah bin Mohammed Belhaif Al Nuaimi, UAE Minister of Infrastructure Development, inaugurated ArabPlast 2019 and visited Borouge’s stand where he met with the company’s leadership and teams and was introduced to Borouge’s solutions on display and how they add value to business as well as to society.

Polymers PET Petrochemicals sustainability

Plastic Pollution Facts and Figures

As new research on the production, life cycle, and impacts of plastic debris become available, Surfrider Foundation continues to assemble this list of credible plastic pollution statistics and figures, sourced mainly from peer-reviewed, published studies. Though many of the figures are estimates, their approved calculation methodologies are provided in the cited literature.

The more we learn, the more it becomes clear that the issue of marine and coastal plastic pollution is severe and widespread. Fortunately, the education and engagement of passionate coastal defenders, citizens, and community members can help stop the flow of plastic at the source, by switching to reusables and supporting legislation that bans the production and use of single-use plastic.

Polymers PET Petrochemicals sustainability

Devan Chemicals to show wellness solutions at Heimtextil04

Devan Chemicals, developer of finishing technologies for textiles, will show its latest health and wellness solutions at the Heimtextil show in Frankfurt, Germany. Heimtextil, the largest international trade fair for home and contract textiles, will be held from January 8-11, 2019, at the Messe Frankfurt, where Devan will be seen in booth B28, hall 11.0.

Millions of people suffer from insomnia, insufficient sleep or other sleep disorders. Revitalising the body through sleep is vital for all. To help, Devan has now added cannabidiol, or CBD, to its R-Vital sleep-promoting range of microencapsulated active ingredients that enhance textiles with anti-oxidative effects. This rich CBD tincture or extract has a balancing effect that helps facilitate a good night’s sleep, Devan said.

Polymers PET Petrochemicals sustainability

DuPont Teijin Films rPET Films

DuPont Teijin Films Introduces rPET Range of Heat Sealable Polyester Films  DuPont Teijin Films rPET Films

New Mylar® Harvest Fresh Contains up to 50 Percent Post-Consumer rPET Content

DuPont Teijin Films rPET Films

DuPont Teijin Films combines the unique heat seal properties of the Mylar® Harvest Fresh range of films with base film made from food contact approved rPET polymer.

DuPont Teijin Films today announced the launch of its new Mylar® Harvest Fresh rPET range of heat sealable polyester films with up to 50 percent post-consumer recycled rPET content. DuPont Teijin Films rPET Films

As the world’s largest supplier of “top seal” polyester lidding films, DuPont Teijin Films combines the unique heat seal properties of the Mylar® Harvest Fresh range of films with base film made from food contact approved rPET polymer.

The Mylar® Harvest Fresh range of films delivers the waste and cost reduction benefits of top seal lidding with the additional bonus of a lower carbon footprint product, giving retailers the ability to promote a clear and consistent sustainability message with post-consumer recycled content in both tray and lid. DuPont Teijin Films rPET Films

DuPont Teijin Films has worked closely with a world-leading supplier of rPET polymer, sourcing the raw material solely from one-way bottle deposit return schemes from Germany, Sweden, Norway, Finland and Denmark.

The bottles are subjected to several stages of sorting and washing before going through the final patented URRC cleaning process. DuPont Teijin Films rPET Films

As well as proving a viable end use market for recycled polymer, the Mylar® Harvest Fresh rPET range also delivers a carbon footprint saving which has been estimated by third party audit to be approximately 1.4 kilograms less CO2 emissions for every kilogram of virgin material replaced by recycled content.

The Mylar® Harvest Fresh rPET range is available with the full range of DuPont Teijin Films’ heat seal chemistries delivering all the benefits expected of Mylar® lidding films such as low temperature seals, class leading anti-fog performance and the ability to seal to a wide range of material including rPET and pulp punnets. DuPont Teijin Films rPET Films

DuPont Teijin Films, a joint venture between DuPont and Teijin Limited, is the world’s premier producer of polyester films and related services for Healthcare, Alternative Energy, Durable Media, Electronics, Specialist Packaging, Electrical Insulation and Capacitors Industries and many more. DuPont Teijin Films rPET Films

Only DuPont Teijin Films manufactures MYLAR® and MELINEX® brand films. Please visit our website at http://www.dupontteijinfilms.com.

Polymers PET Petrochemicals carbon fibre 05-01-2019

Microban announces new European distributor

Microban International, a leader in antimicrobial and odour control and prevention solutions, has reached an agreement with Eigenmann & Veronelli for the distribution of Microban products in select European markets.

Eigenmann & Veronelli will now distribute Microban’s full portfolio of antimicrobial and odour control technologies, including Scentry, Scentry Revive, AEGIS, ZPTech and SilverShield to customers located in Italy, Spain, Portugal and Russia.

Microban’s portfolio provides solutions for apparel, furnishings, home textile and technical textiles. © Microban International

“Expanding our presence in Europe through world-class partnerships and strategic initiatives, has been a priority for Microban over the past year,” said Pablo Perella-Berdun, Vice President of Global Textiles for Microban. “Extending this partnership agreement with Eigenmann & Veronelli, one of Europe’s leading chemical distributors, is another positive step for our organisation. They’re an ideal partner to help us provide the best antimicrobial and odour control solutions for new markets in Europe.”

Polymers PET Petrochemicals carbon fibre

Over the Carpet

At a time when the world is struggling to bring down CO2 emissions, a yarns company of leading carpet group Beaulieu International Group is offering a new yarn that claims to bring down the usual emission from the manufacturing process to a mere 25 per cent, reports Jozef De Coster

Beaulieu Yarns, a company of the leading carpet group BIG (Beaulieu International Group, with a turnover in 2018 of $2.3 billion), claims to be the first yarn producer worldwide to offer a polyamide 6 yarn of which the CO2 emission is only 25 per cent of the usual emission.

Polymers PET Petrochemicals carbon fibre

DuPont Teijin Films Introduces rPET Range of Heat Sealable Polyester Films  DuPont Teijin Films rPET Films

New Mylar® Harvest Fresh Contains up to 50 Percent Post-Consumer rPET Content

DuPont Teijin Films combines the unique heat seal properties of the Mylar® Harvest Fresh range of films with base film made from food contact approved rPET polymer.

DuPont Teijin Films today announced the launch of its new Mylar® Harvest Fresh rPET range of heat sealable polyester films with up to 50 percent post-consumer recycled rPET content. DuPont Teijin Films rPET Films

As the world’s largest supplier of “top seal” polyester lidding films, DuPont Teijin Films combines the unique heat seal properties of the Mylar® Harvest Fresh range of films with base film made from food contact approved rPET polymer.

Polymers PET Petrochemicals carbon fibre

Advanced BioCarbon 3D develops high-performance 3D printable bioplastic from wood

The most popular material in 3D printing is PLA (polylactic acid). It’s a bioplastic made from renewable sources like corn starch and sugarcane, and it has excellent 3D printing characteristics (low melting temperature, consistent flow, minimal shrinkage, high rigidity). Bioplastics are on the rise due to the improved PR image associated with their renewable qualities, and Advanced BioCarbon 3D (ABC3D) out of British Columbia is expanding the bioplastic bandwagon to encourage more industrial users to jump on.

In an effort to prevent climate change, Hélène Bélanger and Ross Prestidge founded ABC3D to develop engineering-grade 3D printable bioplastics that have negative carbon footprints from the resins found in trees. Extracting resin from trees isn’t particularly new, but it’s the quality of the resin that distinguishes ABC3D other manufacturers.

Polymers PET Petrochemicals carbon fibre

Taghleef completes Biofilm acquisition

Taghleef Industries (Ti) has completed the acquisition of Biofilm, expanding its presence in Latin America.

Biofilm is regarded as one of Latin America’s leading manufacturers of BOPP films for flexible packaging, labels and industrial applications. Founded in 1988 in Cartagena, Colombia, Biofilm has focused on international sales to grow its business.

In 2004, the company opened its second manufacturing facility in Altamira, Mexico, which features multi-layer coextrusion technology to produce films with unique performance capabilities. Innovation at Biofilm is based on technological platforms that include clear barrier, ultra-high barrier and metallized films.

With eight state-of-the-art metallizing chambers at its production facilities, Biofilm is the largest supplier of metallized BOPP films in Latin America, as well as one of the largest suppliers of packaging grade BOPP films on the entire continent.

Polymers PET Petrochemicals carbon fibre

OUTLOOK ’19: Asia ethylene balance likely to lengthen in 2019

Asia ethylene is expected to be more ample in 2019, on the back of fewer cracker turnarounds in Japan, regional capacity expansions and possible downstream output cuts.

The outlook for deep-sea supply is mixed, with European exports likely to be curtailed by a slew of cracker maintenance shutdowns, while shipments from the US may be lifted by a new export facility in the fourth quarter.

Spot ethylene prices in northeast Asia ended 2018 on a weak note.

Deals were at below $1,000/tonne CFR (vost & freight) NE (northeast) Asia in the fourth quarter, lower compared with prices in the low $1,200s/tonne to low $1,400s/tonne CFR NE Asia during January-September.

The market was undermined by ample supply from the Middle East and southeast Asia, owing to strong cracker run-rates, weak polyethylene (PE) sales and planned and unplanned downstream outages.

Polymers PET Petrochemicals carbon fibre

Scientists study enzymes’ ability to reduce smells

AIMPLAS scientist working in the lab.Researchers in Spain are exploring the use of enzymes to deodorize recycled plastics from food packaging.

AIMPLAS, a plastics technology research center in Valencia, Spain, is conducting the ENZPLAST project. As part of the endeavor, scientists will look at using enzymes during the wash stage to remove odors. They’ll also assess how well they work to separate different materials in multi-layer items.

AIMPLAS will explore using different types of enzymes or groups of enzymes to deodorize plastic from industrial dairy, meat and fish containers, according to a press release.

Polymers PET Petrochemicals carbon fibre

Oil Rises On Hopes Of A U.S.-China Trade Deal

After starting the New Year in the red, crude oil stabilized higher today on reports that China plans to hold talks with the United States next week to settle their trade balance differences, Reuters reports.

The trade war between Washington and Beijing was one of the biggest reasons for heightened uncertainty around oil prices as China is one of the world’s top importers of the commodity and any sign that demand for it might waver immediately puts pressure on prices. Another cause for concern has been the ripple effect of the trade war on other economies.

Polymers PET Petrochemicals carbon fibre

2019 Could Make Or Break OPEC

When OPEC+ agreed to begin cutting crude oil production again in December, hardly anyone in the cartel thought the effect of the news on prices would be as lackluster as it turned out to be.

It took some time for the fact to sink in that this time too many traders were worried about the future of oil demand and were reluctant to speculate with oil.

Now OPEC is facing another tough year, perhaps even tougher than 2016, and it might just need to reduce production even more to make it work.

Polymers PET Petrochemicals carbon fibre

Turkish export group looks to grow U.S. business

The Uludag Textile Exporters’ Association is focusing on quality designs and high-tech, sustainable production to facilitate growth

Turkey is already doing about $300 million in business with the United States related to home textiles, but Pinar Tasdelen Engin, chairperson of the Uludag Textile Exporters’ Association (UTIB), would like to see that figure rise.

Engin, who is focused on overseeing the association’s activities, including organizing R&D projects and studies and coordinating trade fair activities worldwide, said the United States is currently the fifth largest export market, trailing Germany, the United Kingdom, Bulgaria and Romania. In 2017, UTIB’s total global exports had reached nearly $1.2 billion and Turkey’s total home textile exports were around $2.7 billion.

Polymers PET Petrochemicals carbon fibre

Retail giant invests in recycling technology providers

The parent of global retailer IKEA has invested in a pair of European companies developing cutting-edge plastics recycling technologies.

Ingka Group recently bought ownership stakes in Umincorp, a Dutch company pioneering a magnetic density separation technique for sorting mixed plastics, and Next Generation Group, a plastics recycling equipment provider that developed a liquid-state polycondensation PET recycling technology.

Float-suspended-sink separation

Umincorp announced the investment on Dec. 12. A spokesman told Plastics Recycling Update Ingka has become a minority shareholder in the Rotterdam company.

Polymers PET Petrochemicals carbon fibre

Indorama Ventures PET facilities

Indorama Ventures acquires PET facilities in US, Germany   Indorama Ventures PET facilities

Indorama Ventures PET facilities

Company says new ventures will serve growing demand for recycled PET flakes and pellets.
Edited by Kelly Maile

Bangkok-based Indorama Ventures Public Co. Ltd. (IVL), a leading petrochemical company, announced it has entered into an agreement to acquire a PET recycling facility from Alabama-based Custom Polymers PET. Both companies have recycling footprints in Europe, Mexico, Thailand and U.S.  Indorama Ventures PET facilities

In addition, Indorama bought Germany-based PET manufacturing facility from Invista Resins & Fibers. The company will own the intellectual property rights of Polyshield PET and Oxyclear Barrier PET and says it will continue to support demands for oxygen barrier and resin barrier packaging.

The Germany PET plant has a combined capacity of 282,000 tons per year and staff of 140 employees. The Alabama facility has production lines for recycled PET flakes and pellets with a combined capacity of 31,000 tons per year, according to a news release.

“At Indorama Ventures, we intend to play a key role in promoting the circular economy and environmental sustainability by continuing to pursue the right opportunities to fill gaps that are intrinsic to our industry’s sustainable and profitable business,” Indorama Ventures CEO Aloke Lohia said in the release. Indorama Ventures PET facilities

“We strongly feel that this initiative will contribute as an attractive platform for strong future growth in our commitment to sustainable recycling business with the potential to expand further with the support of our stakeholders.”

The company says the deals are in line with the company and industry’s growing emphasis on sustainability and circular economy objectives among consumer packaging manufacturers. Indorama Ventures PET facilities

IVL says the acquisition will allow the company to meet “increasing food-grade recycled PET demand for more sustainable packaging solutions by major brand owners.”

Brexit UK circular economy

Within difficulty lies opportunity: How Brexit could drive the UK circular economy  Brexit UK circular economy

With Brexit looming large on the horizon, I believe that the UK’s departure from the EU offers fresh opportunities for our nation and its manufacturers to secure their raw material supplies, such as recycled plastics, from a stable domestic market and stimulate a circular flow of materials. Brexit UK circular economy

With uncertainty persisting around the whole Brexit process, there could be potential difficulties in transporting material across borders after 29 March 2019. However, from a more optimistic viewpoint, such logistics should become a driver for growth in the domestic market as purchasers seek to reduce inward material supply chain risk.

Brexit  UK circular economy

Roger Morton, Director of Axion Polymers.

Freedom from regulatory controls and external policies, coupled with the ability to set our own rules, could encourage greater investment and enable the UK to ‘get ahead of the rest of Europe’ in material recovery and resource security, provided there is strong government leadership. Brexit UK circular economy

Recyclers, like ourselves, who process waste materials derived from within this country are arguably in a stronger ‘self-reliant’ position than those who rely on external supply chains or import goods from abroad. We extract plastics from end-of-life cars and other metal scrap to produce polymers that are reused in a variety of other goods, including automotive parts. Brexit UK circular economy

With 31.5 million cars currently on UK roads, our future end-of-life vehicle feedstock for our recycled polymers is assured. And that can only be good news for UK companies seeking to use locally-sourced plastic raw materials that can go back into a range of products, from new cars and electrical equipment to construction products.

Brexit is inevitable now. Although complications could arise, we are taking a positive approach. British companies should focus on the opportunity that leaving the EU offers and how we can make the most of our resource sustainable position.

A good example here is steel. With annual consumption (12 million tonnes) versus annual arisings (11.5 million tonnes), this market could be much more ‘circular’ than the existing export of scrap/import of finished products model. Similarly, demand creation for the use of recycled polymers in new automotive, electrical and building products could encourage further investment in more processing plants to produce plastics for new UK-produced goods.

While material quality controls, such as REACH regulations and other standards, should remain ‘mirrored with Europe’, I suggest there could be an opportunity to take the lead by designing and implementing a set of regulatory measures that drive the transition to a circular economy here. Brexit UK circular economy

Such measures could involve heavily-modulated producer responsibility obligations for brands that make the most effort to change to fully recyclable designs and/or utilise high levels of recycled content. This would require vision and a brave government with strong leadership, but in an uncertain world, what’s certain is that material would be available in the UK for use in the UK. Brexit UK circular economy

One of the long-term benefits of Brexit should be that we can stop mass exports of waste plastic packaging and WEEE, and start investing in recycling infrastructure in the UK as an ‘environmental goal’. While 63 per cent of collected UK plastic packaging resources is currently exported, the country is short of around 10 to 15 large-scale recycling plants to handle that volume.

Additionally, we don’t have enough energy-from-waste capacity to handle the low-grade reject plastic stream produced by those plants – around 50 per cent of their waste infeed tonnage. So strategic government thinking and stable long-term policy measures and clear goals for the five to ten years will be needed to drive this change.

There is an opportunity for the UK Government to drive the development of recycling demonstration and pilot ‘pathfinder’ plants once we are free of ’state aid’ regulations that prevent preferential treatment by governments.

UK businesses need to wake up to these future possibilities and start talking to UK-based suppliers that can offer secure supplies of high-quality and resource-efficient recycled materials. Brexit UK circular economy

From our own perspective, we have seen an increase in enquiries and interest from UK manufacturers in recent months. And perhaps other recyclers have experienced this too.

Despite current uncertainty around Brexit, we remain upbeat about the opportunities to trigger more material moving within the circular economy in the UK.

Polymers PET Petrochemicals circular economy 04-01-2019

-China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

PET Bottle grade export 970/1,010 $/ton – PET Bottle grade domestic market 7,700/7,800 yuan/ton – PET Filament grade SD domestic market 7,500/7,650 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 790/815 $/ton – PTA domestic market 6,050/6,150 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,100/5,200 yuan/ton – PX Korea 9,00/920 $/ton

POY 150D/48F  domestic market 8,050/8,150  yuan/ton – DTY 150D/48F  domestic market 9,900/10,000  yuan/ton – PSF domestic market 8,550/8,700  yuan/ton

Polymers PET Petrochemicals circular economy

Indorama Ventures acquires PET facilities in US, Germany   Indorama Ventures PET facilities

Company says new ventures will serve growing demand for recycled PET flakes and pellets.

Bangkok-based Indorama Ventures Public Co. Ltd. (IVL), a leading petrochemical company, announced it has entered into an agreement to acquire a PET recycling facility from Alabama-based Custom Polymers PET. Both companies have recycling footprints in Europe, Mexico, Thailand and U.S.  Indorama Ventures PET facilities

In addition, Indorama bought Germany-based PET manufacturing facility from Invista Resins & Fibers. The company will own the intellectual property rights of Polyshield PET and Oxyclear Barrier PET and says it will continue to support demands for oxygen barrier and resin barrier packaging.

The Germany PET plant has a combined capacity of 282,000 tons per year and staff of 140 employees. The Alabama facility has production lines for recycled PET flakes and pellets with a combined capacity of 31,000 tons per year, according to a news release.

Polymers PET Petrochemicals circular economy

Crude Oil Prices Trend

Polymers PET Petrochemicals circular economy

IVL expands PET barrier packaging portfolio

Indorama Ventures Public Company Ltd (IVL) is acquiring the PET business of Invista Resins & Fibers in Germany (IRFG) and certain intellectual property rights of Invista Textiles UK.

In a busy fortnight of activity for the Thai petrochemical giant, IVL has also agreed to acquire Custom Polymers’ PET recycling facility in Alabama, USA.

IRFG’s plant is based in Gersthofen, Germany, and has capacity for 282,000 tonnes a year of value-added PET.

IVL will own the property rights of Polyshield PET and Oxyclear Barrier PET, Invista’s barrier technology, in all global markets.

IVL already holds the licenses in the Americas having acquired Invista’s PET polymer and resin facilities in Spartanburg, South Carolina, and Queretaro, Mexico, in 2011.

Polymers PET Petrochemicals circular economy

Loop and Thyssenkrupp sign partnership deal

PET bottles for recycling.Two companies are working together to develop standalone plants where scrap PET can be chemically broken down and then re-polymerized into new resin.

Montreal-headquartered Loop Industries has signed a global alliance agreement to collaborate with Essen, Germany-based Thyssenkrupp Industrial Solutions.

Loop is commercializing a unique heatless, pressureless PET depolymerization process. The technology breaks PET down into its building blocks, which can then be used by virgin plastics manufacturers to create new PET suitable for food-contact applications. Loop Industries has signed a slew of recent deals, including one with The Coca-Cola Co. to supply RPET to Coca-Cola-affiliated bottlers. The RPET will be produced in partnership with global virgin PET maker Indorama Ventures at an Indorama facility in the U.S.

Polymers PET Petrochemicals circular economy

Organic cotton is booming: jeans buying without a guilty Conscience

is an indispensable part Whether in Jeans, in a T-Shirt or underwear: cotton from the daily life. However, for the environment, the cotton cultivation has often dramatic consequences. A few years ago, about 25 percent of the world’s consumption of insecticides and ten percent of the consumption of pesticides is accounted for according to the Federal office for the environment on the cultivation of the plant fiber.

in the Meantime, more and more fashion retailers and manufacturers are trying, however, to set the course for a more sustainable cotton production. The good news for consumers: For a good environmental conscience in the matter of cotton, you don’t necessarily need deep pockets to pay for. The largest buyers of organic cotton. according to a recent study by the non-profit Organisation Textile Exchange more affordable brands such as C&A, H&M and Tchibo Also, the Zara-mute rkonzern-Inditex and Aldi are among the Top Ten in this area.

Polymers PET Petrochemicals circular economy

PolyOne hooks Fiber-Line in $120M deal

Fiber-Line PolyOne Corp.’s acquisition of Fiber-Line will open it up to more work in the fiber optic cable and 5G industries.

PolyOne Corp. has started 2019 with another acquisition, buying fibers and composites maker Fiber-Line in a $120 million deal.

Officials with PolyOne in Avon Lake, Ohio, described Fiber-Line as a global leader in customized engineered fibers and composite materials. Fiber-Line is based in Hatfield, Pa. and has annual sales of almost $100 million. It has a total of five production facilities, including locations in Hatfield; Hickory, N.C.; the Netherlands and China.

Polymers PET Petrochemicals circular economy

Carbon Fiber Composites Increasing As Recycling Candidates In Aftermarket

Of all structural elements on aircraft, carbon fiber materials have been the most arduous to recycle.

In early December, Boeing and ELG Carbon Fibre announced they would partner to recycle excess aerospace-grade composites from 11 Boeing manufacturing sites. Will this partnership improve prospects for recycling carbon composites when aircraft are dismantled?

Aircraft recycler Universal Asset Management commends Boeing and ELG for their environmental and economic advances. “As early adopters of carbon-composite recycling, they have elevated the aviation industry as leaders in recycling,” says Ingrid Protacio, UAM VP of integration, operations & marketing. “However, it does not affect the recycling of legacy or new-gen aircraft, as the partnership targets the recycling of virgin composites that have not yet been installed on aircraft,” Protacio notes. Recycling legacy or new-gen aircraft relies on harvesting and recycling carbon composites installed on operating aircraft, “something UAM has been able to do.”

Polymers PET Petrochemicals circular economy

AIMPLAS makes progress in the development of the ECONOMÍA CIRCULAR 2 Project

AIMPLAS is carrying out the ECONOMÍA CIRCULAR Project, supported by the Valencian institute of business competitiveness (IVACE), which has already established the needs of the plastics sector in the Valencian region and defined the strategies that companies should follow in 2017.

In its second year, ECONOMÍA CIRCULAR 2 will address issues related to eco-design and environmental control, waste recovery and sustainable materials.

Polymers PET Petrochemicals circular economy

PET bottle resin should be OK with CP Chem feedstock closing

Chevron Phillips Chemical Co.’s closing of a plant making PET feedstock paraxylene might not have much impact on the North American PET sector.

CP Chem, based in The Woodlands, Texas, closed its paraxylene unit in Pascagoula, Miss., at the end of 2018. A company spokesman said that officials decided that the plant “is not material to the company’s financial results.”

He added that CP Chem has been communicating with customers regarding the decision to give them time to establish new supplier arrangements, and that no other operations are impacted by this decision. He had no comment on any job losses.

Polymers PET Petrochemicals circular economy

Bio-on creates new food packaging company Zeropack

Italian bioplastic firm Bio-on has created a new company, Zeropack, which will focus on food packaging in the fruit and vegetable sector using bioplastics.

As part of a strategic agreement with Bio-on, Rivoira has acquired 50% of Zeropack through its partners RK Zero, Carlo Lingua, and Paolo Carissimo.

Zeropack will manufacture films, crates, small and large containers, fruit supports, and natural labels from bioplastic. It will use 100% natural and biodegradable materials made from fruit and vegetable wastes.

Polymers PET Petrochemicals circular economy

Within difficulty lies opportunity: How Brexit could drive the UK circular economy  Brexit UK circular economy

With Brexit looming large on the horizon, I believe that the UK’s departure from the EU offers fresh opportunities for our nation and its manufacturers to secure their raw material supplies, such as recycled plastics, from a stable domestic market and stimulate a circular flow of materials. Brexit UK circular economy

With uncertainty persisting around the whole Brexit process, there could be potential difficulties in transporting material across borders after 29 March 2019. However, from a more optimistic viewpoint, such logistics should become a driver for growth in the domestic market as purchasers seek to reduce inward material supply chain risk.

Polymers PET Petrochemicals circular economy

Indian-American’s start-up could revolutionise the fight against marine litter

Based in Los Angeles, ‘Moral Fiber’ has developed a three-step chemical process that can extract polyester from mixed blend materials and will be useful in recycling other plastics

Spools of coloured thread. Credit: Getty ImagesA start-up by an Indian-American in Los Angeles can completely change the battle against marine plastic litter that is plaguing the world’s oceans at this moment.

Akshay Sethi, a chemistry student from the University of California, Davis and co-student, Moby Ahmed started exploring ways to recover polyester, the most common fabric in mass-produced clothing, while studying. They founded Ambercycle (now ‘Moral Fiber’) in 2015, working initially with microbes to break down polyesters.

Polymers PET Petrochemicals circular economy

5 hottest plastics packaging issues now

As it has done annually, late in 2018 PlasticsToday posted Top 10 articles of the year compilations that reveal what topics, issues and news drew the most attention over the past 12 months. The articles serve as an indicators of trends across a medium-term timeframe as measured by what stories saw the most readership via website metrics.

And as we have done more frequently,  we now take a quick review of what articles were the most popular the previous month, which provides a snapshot look at what news and developments are on-trend now.

Polymers PET Petrochemicals circular economy

How to build an environmentally sustainable business

These businesses are implementing the positive changes Australians want to see.

How to build an environmentally sustainable business

These businesses are implementing the positive changes Australians want to see.

It’s no secret that environmental problems plague our planet. The negative impacts of air emissions, marine pollution, deforestation and more have been significant. A study conducted by HP and Planet Ark earlier this year revealed that 91% of Australian consumers are concerned about the environment and sustainability.

This concern is reflected not only in the changing ways consumers interact with the environment but in their changing spending habits. Consumers are willing to spend more money if a brand is environmentally sustainable.

Polymers PET Petrochemicals circular economy

Plastics recycling technology roundup

Recycled PE and PP waxes are found to boost asphalt performance, and nylon 6,6 recovered from airbag scrap is used in new pressure washers.

Recycled plastic asphalt additives: GreenMantra Technologies says its recycled plastic additives can be used to enhance the strength and durability of asphalt. The Brantford, Ontario company uses a unique technology to process scrap plastics into waxes and polymer additives. According to a press release, GreenMantra’s Ceranovus A Series PE and PP additives, when incorporated into asphalt at 2 percent by weight, increase penetration hardness and provide improved resistance to rutting and deformation.

Scaling up a process to break down PET: Carbios has signed a letter of intent to install a demonstration plant for its enzymatic PET depolymerization technology. The French company signed the letter with vinyl producer KEM ONE. Construction is expected to start in mid-2019. Carbios’ “bio-recycling” technology can break down challenging polyester streams, including opaque containers and textiles, into their components, which can be used to make new plastic.

Polymers PET Petrochemicals circular economy

Polymers PET Petrochemicals recycling 03-01-2019

-China – Polyethylene Terephthalate

PET and its chain continue to decrease.

PET Bottle grade export 970/1,010 $/ton – PET Bottle grade domestic market 7,600/7,700 yuan/ton – PET Filament grade SD domestic market 7,550/7,650 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 790/815 $/ton – PTA domestic market 5,950/6,050 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,050/5,150 yuan/ton – PX Korea 9,00/920 $/ton

POY 150D/48F  domestic market 8,050/8,150  yuan/ton – DTY 150D/48F  domestic market 9,900/10,000  yuan/ton – PSF domestic market 8,600/8,750  yuan/ton

Polymers PET Petrochemicals recycling

Production, use, and fate of all plastics ever made

Plastics have outgrown most man-made materials and have long been under environmental scrutiny. However, robust global information, particularly about their end-of-life fate, is lacking.

By identifying and synthesizing dispersed data on production, use, and end-of-life management of polymer resins, synthetic fibers, and additives, we present the first global analysis of all mass-produced plastics ever manufactured.

We estimate that 8300 million metric tons (Mt) as of virgin plastics have been produced to date.

As of 2015, approximately 6300 Mt of plastic waste had been generated, around 9% of which had been recycled, 12% was incinerated, and 79% was accumulated in landfills or the natural environment.

If current production and waste management trends continue, roughly 12,000 Mt of plastic waste will be in landfills or in the natural environment by 2050.

Polymers PET Petrochemicals recycling

Crude Oil Prices Trend

Polymers PET Petrochemicals recycling

Curves ahead for PET, PS, engineering resins

The twists and turns of markets for PET, engineering resins and polystyrene recently were mapped out by industry analysts with IHS Markit.

Analysts Tison Keel, Brendan Dooley and Javier Ortiz tackled those topics Nov. 1 at the Global Plastics Summit 2018 in Chicago. Keel said that the global PET market continues to be oversupplied.

“Everyone needs water, but fewer want sugar,” he said of the move away from carbonated soft drinks, the largest market for PET bottle resin. “Growth is steady, but operating rates are low and people keep adding capacity.”

Keel pegged global PET resin growth at 4 percent in 2018, but he added that North America and Europe are “deselecting” PET. “Growth rates are expected to slow,” he said. “It’s a structural issue, not only in China. There’s too much capacity everywhere.”

In North America, PET makers Alpek and Indorama now account for almost 75 percent of total capacity. And in spite of that region also being oversupplied, a joint venture composed of Alpek, Indorama and Far East New Century Corp may complete a massive unfinished PET plant in Corpus Christi, Texas, in the near future.

M&G Group began work on that plant in 2015 before stopping construction and filing bankruptcy in 2017. Cost overruns on the Corpus Christi plant played a role in the Italian firm’s bankruptcy.

Polymers PET Petrochemicals recycling

Chemistry at work

It might be another tumultuous year for polyester in North America, according to analysts Wood Mackenzie, but 2019 is also set to be a ‘breakthrough year’ for chemical recycling, claims a UK-based firm that is pioneering such technology.

ReNew ELP plans to start construction in Teeside early this year of its first plastics recycling plant, which will convert 20,000 tonnes per year of plastics waste into recycled petrochemicals and oils for the chemical sector.

The company is urging the UK government to support this emerging sector.

Polymers PET Petrochemicals recycling

VOTE: Which sustainability issue will have its ‘plastics moment’ in 2019?

New years are always a time of reflection, introspection and planning – for sustainability professionals and the general public alike. With this in mind, edie has explored the environmental and social issues which could have their own “plastics moment” in 2019.

Have your say on what the ‘hot topics’ in the UK’s sustainability sphere could be in 2019

Have your say on what the ‘hot topics’ in the UK’s sustainability sphere could be in 2019

More than a year after Blue Planet 2 kick-started a wave of plastics actions from consumers, policymakers and corporates, the war on plastic is undeniably still high on the sustainability agenda.

2018 saw a huge increase in awareness of – and action to combat – the 12 million tonnes of plastics added to the world’s oceans each year, with WRAP founding the UK Plastics Pact in April and 276 companies joining the Ellen MacArthur Foundation’s New Plastics Economy in October.

Polymers PET Petrochemicals recycling

Packaging challenges could leave bottled water companies all wet

A growing number of bottled water manufacturers are searching for recycled and alternative packaging as consumers try to avoid disposable, single-use plastic — and governments and businesses start banning it, The Wall Street Journal reported.

Last year, Evian committed to moving from making 30% of its bottles from recycled plastic to making all of them that way by 2025.

Evian’s parent company, Danone, is hoping to boost market share by responding to consumer pressure to phase out single-use plastic.

Polymers PET Petrochemicals recycling

Oxo biodegradable Plastic Packaging Market 2024: Here’s What Expert Say (Product Type, Applications, Revenue, Opportunities, Players, Regions)

“Market Scenario of the Report:

The global Oxo biodegradable Plastic Packaging Market report analyses various tendencies, obstructions, and challenges faced by the key competitors of Oxo biodegradable Plastic Packaging market. The report has been prepared analyzing major outcomes and consequences of the market.

Despite several large-scale manufacturers openly protesting the use of oxo-biodegradable plastics for packaging, small-scale manufacturers continue to market their oxo-biodegradable packaging products as an environment-friendly packaging solution that has appealed to a significant percentage of consumers who are conscious regarding environment health. Oxo-biodegradable films are viewed and marketed by many companies as a crucial solution for packaging waste. Opportunities are thus presented for the expansion of the global oxo-biodegradable plastic packaging market to leverage the ongoing growth spurt. This is more prominent in the Middle East, as well as Asian countries, such as India and China.

Polymers PET Petrochemicals recycling

Global chemical company Indorama Ventures Public Co. Ltd. is expanding its plastics recycling operations into the United States.

The Bangkok-based firm is acquiring an Athens, Ala., PET recycling facility from Custom Polymers PET LLC.

That location recycles PET pellets and flake with two lines that have a combined capacity of 34,100 tons per year.

Custom Polymers PET LLC is an affiliate company of Custom Polymers Inc. of Charlotte, N.C., which was listed as the eighth largest plastic recycler in North America in the most recent Plastics News ranking.

Polymers PET Petrochemicals recycling

There’s more than fish in the sea

“There’s more plastics in the ocean than fish,” the headlines on my social media feeds scream on a daily basis, and with depressing certainty. As a regular user of social media it is hard not to be swamped by the daily horror stories, links to mainstream media reports, brief two-minute videos and clever memes warnings about the evil plastics menace that is killing the planet.

Is there – or will there be – really more plastics in the ocean than fish? Is this on a per unit or per kilo basis? Where’s the data? It doesn’t seem to matter; there is no doubt that there is a huge amount of plastics polluting our oceans, so wouldn’t it make a great meme? At the risk of being labelled a ‘heretical denier’ (or worse) I took a sceptical deep dive into some of the more recent headlines.

Polymers PET Petrochemicals recycling

McVitie’s owner calls for plastic recycling New Year’s resolution

pladis UK&I, the owner of McVitie’s, Jacob’s and go ahead! is urging Britain’s snack-lovers to make a new year’s resolution to recycle through the company’s partnership with TerraCycle.

With 99.2% of households buying biscuits each year, a nation-wide effort to recycle all biscuit packaging would save almost 2.7 billion packs every year from ending up in landfill sites, without costing consumers a penny.

Although flexible plastic wrappers are not collected by local council services, pladis’ partnership with recycling experts TerraCycle enables consumers to effortlessly recycle the wrappers from their favourite treats.

Polymers PET Petrochemicals recycling

Why lower gas prices are both good and bad for the US economy

Cheap gas provides a powerful boost to drivers filling up their tanks, but the 2014-2016 oil crash showed that plunging energy prices can have negative consequences for the modern American economy.

Hundreds of thousands of oil workers lost their jobs several years ago as crude crashed to $26 a barrel. Dozens of energy companies went bankrupt.

Business spending plummeted. And energy stocks tumbled, contributing to mayhem on Wall Street.

Polymers PET Petrochemicals recycling

JP Morgan: If OPEC doesn’t maintain its cuts, oil could stay lower for longer

If the Organization of the Petroleum Exporting Countries (OPEC) does not follow through with its commitment to reduce oil production throughout this year, Brent crude prices could struggle to find support, J.P. Morgan’s head of Asia Pacific oil and gas, Scott Darling, said.

In an early December meeting, OPEC and non-OPEC countries agreed to take about 1.2 million barrels a day off the oil market — initially for six months — starting January.

If that commitment does not extend throughout the year, Brent prices could hover around the investment bank’s “low oil price scenario,” which is around $55 per barrel for 2019, according to Darling.

Polymers PET Petrochemicals recycling

PP resin market improving, but challenges remain

The North American polypropylene resin market should see some improvement this year, but tight supplies likely will remain into 2019 and beyond, according to market analyst Joel Morales.

“Demand has been better, but supply has been worse than expected,” Morales said Nov. 1 at Global Plastics Summit 2018 in Chicago. “But polypropylene producers have managed to be profitable in most regions of the world.”

Polymers PET Petrochemicals recycling

Crude oil price shale USA

Price, not distance, will be the key for crude oil purchases from US  Crude oil price shale USA

‘Imports from the country viable and compatible’

Crude oil price shale USA

Crude oil imported from America is not cheap and a charter from the US takes 40-45 days to arrive in India as opposed to the 5-10 days from the Gulf. Yet, there is a push to buy US crude oil as it is expected to bring down the trade imbalance between Washington and New Delhi. Crude oil price shale USA

Sanjiv Singh, Chairman, Indian Oil Corporation Ltd, says: “US crude is compatible and comparable. US-origin crudes are purchased through spot tenders on competitive bidding.”

Says Narendra Taneja, an energy expert: “Importing crude from the US is as viable as buying from Latin America or West Africa. It all depends on the price and other terms and conditions. We have been importing crude from Venezuela, which is about the same distance from India as the US.”  Crude oil price shale USA

Says Vandana Hari, Founder of Vanda Insights: “If you leave politics out of it, a refiner will always go by two main considerations when buying crude: Does it suit the refinery and is optimal for the desired products slate? And, is it economical, visa-vis competitive crudes?”

US crude costs Indian refiners more relative to other similar light, sweet grades from West Africa, the North Sea or Asia, she says, adding: “Higher freight cost is a factor. So is the additional reverse-lightering charges, as you cannot fully load a VLCC directly at US ports other than the Louisiana Offshore Oil Port.”

Explained IOC’s Singh: “There are infrastructure limitations at the US-end, including limitations in moving crude oil from onshore production sites to the coast as well as limitations at ports. With infrastructure debottlenecking at the US-end, US crude oil should become more attractive for Indian refiners. With controlled clearance from the Shipping Ministry on CIF (Cost, Insurance and Freight)/ DAP (Delivered At Place) basis, the option of crude oil transportation has also widened.”  Crude oil price shale USA

As US crude production continues to surge, the pressure for the barrels to leave the country will correspondingly rise, said Hari, adding: “We have seen the trend through this year. It also creates a downward pressure on US crude prices, and leads to rising exports.”

Purchase yardstick

IndianOil is mostly buying American crude oil against spot tenders. It has bought only once on contract. But the purchase is purely based on pricing. “Whatever pricing they do, we compare with our own benchmark. The purchase yardstick has to be the same. We convert the rates to our benchmark and then decide,” said an official involved with the trading. Crude oil price shale USA

The Indian crude basket — the price at which domestic refiners buy their crude oil — is the weighted average of Dubai and Oman (sour) and the Brent crude (sweet) prices.

“The US will emerge a big gas exporter within the next few years. Importing from the Middle East and East Africa would make more sense, but I would say we should diversify supplies from various continents in the interest of energy security,” Taneja added.

Japanese manufacturers plastic alternatives

Japanese manufacturers seek to meet demand for plastic alternatives  Japanese manufacturers plastic alternatives

Japanese manufacturers plastic alternatives

The Yomiuri Shimbun

Bags and a cup made from LIMEX, a new alternative to plastic

The Yomiuri ShimbunRaw material manufacturers are searching for alternatives to plastic as restaurants and retailers reduce their reliance on plastic products amid global concern over polluted oceans. Companies from different industries have begun to view the trend as a new business opportunity and are making inroads into the burgeoning market.

The nation’s leading paper manufacturer, Oji Holdings Corp., will start producing food packaging made of paper at the end of January. The product’s surface will be coated with special chemicals to prevent oxygen and liquid from seeping in and keep the food fresh. Nippon Paper Industries Co. is also gearing up to produce water-resistant paper straws. The paper industry hopes that the movement to replace plastic will bring new demand and help offset sliding demand for paper. Japanese manufacturers plastic alternatives

Meanwhile, material makers that produce plastic products have begun to focus on biodegradable plastic. Mitsubishi Chemical Corp. began selling biodegradable plastic for cups in October, and is currently developing straws and other products made from the material. Also in October, Toyobo Co. began producing biodegradable resins on commission from U.S. chemical giant DuPont.

Biodegradable plastic costs several times more than regular plastic to produce. According to a European industry group, biodegradable plastic comprises less than 1 percent of all plastic produced, but the figure is projected to increase by more than 20 percent in the next five years.

Companies outside the paper and plastic industries are also entering the market for plastic alternatives. Last year, Itochu Corp. and Toppan Printing Co. entered capital and business tie-ups with TBM Co., a start-up that developed a new recyclable material made from limestone called LIMEX. TBM has patented the material in more than 30 countries, including Japan, the United States and China. LIMEX products have already been used in leading hotel chains. Itochu and other TBM partners are working to expand the material’s applications and sales networks.

The government, meanwhile, is aiming to support the development of plastic alternatives. It will launch a public-private council to promote their development and spread, with more than 80 companies from various industries expected to participate, including Kao Corp., Ajinomoto Co. and Suntory Holdings Ltd.

The movement to reduce plastic waste is gathering momentum worldwide. McDonald’s and Starbucks, both global restaurant chain operators, as well as Skylark Holdings Co. and others in Japan have announced they will stop using plastic straws.

Europe paraxylene prices Asia

Viewpoint: Europe PX prices to align with Asia-Pacific Europe paraxylene prices Asia
Europe paraxylene prices Asia

European paraxylene (PX) spot prices will rise towards parity with those in the Asia-Pacific region in the first half of 2019, when a tighter European market will require imports from the Middle East. Europe paraxylene prices Asia

European demand is satisfied mainly through contract supply, pricing of which closely reflects Asia-Pacific levels; spot pricing has been at a discount.

Increased demand is likely to encourage producers to make more spot product available and this may move spot prices closer to contract levels.

The European PX market started to tighten in the second half of 2018 after the restart of Indorama’s 700,000 t/yr purified terephthalic acid (PTA) plant in Sines, Portugal.

The company expanded its Rotterdam plant to 700,000 t/yr from 380,000 t/yr in the third quarter of 2017. Europe paraxylene prices Asia

The restart of Indorama’s Portuguese plant led to an increase in European imports from Saudi Arabia, with more than 20,000 t/month imported in July to October, compared with no imports in the first half of the year.

Europe became a net importer of PX from the US in September, or 6,000t, after an average of 20,000 t/month went to the US in the first eight months of the year.

US product arrived in Portugal and Spain, and exports eased from the Amsterdam-Rotterdam-Antwerp (ARA) region. Europe paraxylene prices Asia

Increased imports are likely to continue in 2019, when a tighter European market will attract cargoes.

Product from the US and Saudi Arabia will head to Portugal and Spain; product from northwest Europe will head to the US, but in reduced volumes compared with the first half of 2018.

Isomerisation margins are likely to remain robust through the first half of 2019.

The PX-mixed xylene (MX) spread averaged $325/t so far in the fourth quarter 2018, compared with $272/t in the third quarter and just $125/t in the first half of the year.

This will encourage producers to take MX out of the gasoline pool for incremental PX production and to maximise operations on toluene disproportionation units.

Global polyester demand is likely to remain firm in 2019, with no new PTA capacity scheduled to start up.

PTA margins were poor in 2014-17, which discouraged investment, but margins more than doubled in 2018 and are likely to rise further in 2019.

The European PTA market is likely to better balance in the first half of 2019 as supply issues seen in the second half of 2018 get resolved.Europe paraxylene prices Asia

Planned maintenance at a 600,000 t/yr plant in Poland overran in the fourth quarter, leading to a drop-off in exports to western Europe.

Imports from Mexico stalled following a fire at Alpek’s 1mn t/yr unit in Altamira in mid-July.

The plant restarted in September, with imports from there steadily returning in the fourth quarter to the 17,000 t/month levels seen before the fire.

Western Europe will remain a net importer of PTA next year, but exports are likely to increase in the first half of the year.

Product from Portugal will continue to head to Egypt to supply Indorama and Dhunseri’s 540,000 t/yr polyethylene terephthalate (PET) joint venture.

Exports from Europe to Egypt have been steadily increasing through the second half of the year as the plant restarted — exports averaged 4,200 t/month in the third quarter and 7,500t in October.

Exports to Egypt in the first quarter are likely to be higher as the plant ramps up to full operating rates.

Product is also likely to flow to Lithuania to supply Neo Group’s PET unit in greater volumes, after it expanded to 500,000 t/yr from 308,000 t/yr in the middle of 2018.

Demand from the PET segment will remain seasonally weak in the first quarter, and pick up in the second quarter.

The logistical issues caused by low water levels on the Rhine river are likely to remain in effect through the first quarter.

Restrictions on barge loading capacity, in effect since June, have hindered barge movements.

Because European PX production is mostly on the coast, or adjacent to or close to PTA production sites, hindered barge movements from Gelsenkirchen and Wesseling lead to an overall reduction of PX available for export.

The low water levels led to a tightening of the inland European toluene market; some length built up along the coast.

Rhine-based producers cut production, including Shell from its 170,000 b/d Godorf and 140,000 b/d Wesseling refineries in late October —Shell’s 150,000 t/yr toluene diisocyanate (TDI)-grade plant at Wesseling was unable to load barges.

A recent rise in water levels has allowed producers to increase run rates.

Downstream cutbacks largely offset the production issues.

BASF stopped output at its 300,000 t/yr TDI unit at Ludwigshafen in late November because Rhine-related logistical bottlenecks affected transport of raw materials to the site.

A rise in water levels early in December allowed barges to travel past Kaub, helping to ease some supply issues, but it will take some time for logistics, raw material supply, inventories and production at Ludwigshafen to return to normal.

There is no scheduled restart date for the unit, as this will depend on a long-term recovery of Rhine water levels.Europe paraxylene prices Asia

Precipitation on the upper Rhine in Switzerland is more likely to fall as snow between now and March, and therefore will not contribute to water levels in the immediate term.

Demand for TDI-grade toluene is likely to increase in the second quarter when Rhine levels should return to normal, pushing up toluene pricing as TDI stocks rebuild.

Nitration grade toluene is likely to remain in oversupply, keeping prices close to blend values.

Demand for toluene from conversion units will remain mixed in 2019. Hydrodealkylation (HDA) economics have been firmly negative, with benzene prices falling below toluene towards the end of the fourth quarter. Europe paraxylene prices Asia

This has kept HDA units either idled or running at minimal levels. The benzene market is likely to remain weak in the first quarter of 2019, before picking up in the second quarter, but this is unlikely to move HDA margins into positive territory.

Disproportionation margins eased from 18-month high in October and are likely to remain in positive territory through the first half of 2019, supported by strong global PX pricing. Length in the by-product benzene market will likely limit rates in the first quarter.

Polymers PET Petrochemicals rPET Oil 02-01-2019

-China – Polyethylene Terephthalate

PET and its chain begins the new year downhill.

PET Bottle grade export 990/1,020 $/ton – PET Bottle grade domestic market 7,750/7,850 yuan/ton – PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,600/7,850 yuan/ton

PTA Taiwan 810/825 $/ton – PTA domestic market 5,850/6,000 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,000/5,150 yuan/ton – PX Korea 9,00/920 $/ton

POY 150D/48F  domestic market 8,200/8,350  yuan/ton – DTY 150D/48F  domestic market 9,950/10,050  yuan/ton – PSF domestic market 8,850/8,950  yuan/ton

Plastic petrochemicals automotive industry 4.0

Crude Oil Prices Trend

Plastic petrochemicals automotive industry 4.0

Viewpoint: Europe PX prices to align with Asia-Pacific Europe paraxylene prices Asia

European paraxylene (PX) spot prices will rise towards parity with those in the Asia-Pacific region in the first half of 2019, when a tighter European market will require imports from the Middle East. Europe paraxylene prices Asia

European demand is satisfied mainly through contract supply, pricing of which closely reflects Asia-Pacific levels; spot pricing has been at a discount.

Increased demand is likely to encourage producers to make more spot product available and this may move spot prices closer to contract levels.

Polymers PET Petrochemicals rPET Oil

Invesco China Technology ETF Declines 0.35%

Invesco China Technology ETF looks negative with 0.35% gain so far, reaching $39.68 per share. With net assets of 482.99M and 2.40% volatility for this month.

Till now 266,955 shares traded hands. The avg volume is 243,790 over the last month for Invesco China Technology ETF .

The ATR of ETF is 1.46, that’s -37.17% of its 52-Week High and 11.69% of its 52-Week Low. The current year and quarter performance are: -30.67% and -7.42%.

Invesco China Technology ETF had performance of -27.45% YTD, 1 year of -27.54% and 3 years of 7.42%.

Polymers PET Petrochemicals rPET Oil

European Biotech’s Biggest News of 2018

With this year coming to a close, it’s now time to look back at the biggest biotech news stories of 2018 in Europe, which include CRISPR-Cas9 controversy, big financial deals, and spider silk airplanes.

The year 2018 brought a lot of change to the biotech industry in Europe, with clinical trials, approvals and Brexit looming on the horizon.

Without a doubt, 2019 is going to have just as much exciting advances as this year, so before we take the plunge into the new year, let’s have an overview of what made the headlines in 2018.

Polymers PET Petrochemicals rPET Oil

$70 Oil Could Be Right Around The Corner

Oil markets have always been cyclical, and now even more so with advanced electronic trading, more speculation (which often results in wider oil price swings) and more producers, including the resurgence of U.S. oil production, now reaching over 11 million barrels per day.

Added to the cocktail of uncertainty are also a myriad of geopolitical and economic factors, including ongoing U.S.-China trade tensions, angst of U.S. Federal Reserve policy, and wars in Syria, Yemen and elsewhere, which make it increasingly difficult to forecast the direction for future oil prices.

Polymers PET Petrochemicals rPET Oil

Kiian Digital to debut reactive inks at Heimtextil

Digistar Bellagio reactive inks line. © JK GroupJK Group, part of Dover Digital Printing and Dover, will attend the Heimtextil trade event for interior textiles trends in Frankfurt, Germany, next month. JK Group will use this platform to unveil Kiian Digital’s reactive inks line, Digistar Bellagio, designed for direct printing onto cotton and the other cellulosic fibres.

“We are excited to put forward, in this important textile context, Digistar Bellagio, which is the natural complement of the Kiian Digital’s current textile product portfolio,” said Marco Girola, JK Group Marketing Manager. “Digistar Bellagio was born from the synergy of highly specialized teams in digital textile printing, MS Printing Solutions & JK Group.

Polymers PET Petrochemicals rPET Oil

Oversupply, faltering growth seen to weigh on oil prices in 2019

An oil tanker sits anchored off the Fos-Lavera oil hub near Marseille, France (file). Oil prices have fallen more than 40% from multi-year highs reached in early October on concerns about the impact of a trade dispute between the US and China on global economic growth and demand for oil.

Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from the US, and slowing economic growth undermine Opec-led efforts to shore up the market, a Reuters poll showed yesterday.

Polymers PET Petrochemicals rPET Oil

No trading on cotton market

The cotton market remained devoid of trading activity as buyers and sellers remained to the sidelines on Monday.

The year closing session was highly depressing with little hope of buoyancy in coming days.

In the absence of trading interest, the phutti (seed-cotton) prices also moved lower between Rs100-200 per 40kg.

Sindh phutti was being quoted between Rs3,000-3,800; Punjab remained in the range of Rs3,000-3,900 and Balochistan variety bet­ween Rs3,200-3,800 per 40kg.

Polymers PET Petrochemicals rPET Oil

Japanese manufacturers seek to meet demand for plastic alternatives  Japanese manufacturers plastic alternatives

The Yomiuri ShimbunRaw material manufacturers are searching for alternatives to plastic as restaurants and retailers reduce their reliance on plastic products amid global concern over polluted oceans.

Companies from different industries have begun to view the trend as a new business opportunity and are making inroads into the burgeoning market.

Polymers PET Petrochemicals rPET Oil

Oil posts first year of losses since 2015

Oil prices ended with full-year losses for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over growing worries about a supply glut and mixed signals related to renewed U.S. sanctions on Iran.

For the year, U.S. West Texas Intermediate crude (WTI)futures slumped nearly 25 percent, while Brent tumbled more than 19.5 percent.

The market had been on track for solid gains for the year until October, when the United States granted larger-than-expected waivers to importers of Iran’s oil, and as demand in emerging economies started to sag.

That combination dragged down both benchmarks from four-year highs above $76 a barrel and $86 a barrel, respectively, and even a late-year decision by the Organization of the Petroleum Exporting Countries and its allies including Russia, known collectively as OPEC+, to ratchet down output was not enough to restore bullish sentiment.

Polymers PET Petrochemicals rPET Oil

Oversupply, faltering growth to weigh on oil prices in 2019: Reuters poll

Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from the United States, and slowing economic growth undermine OPEC-led efforts to shore up the market, a Reuters poll showed on Monday.

A survey of 32 economists and analysts forecasts the North Sea Brent crude oil benchmark LCOc1 will average $69.13 per barrel in 2019, more than $5 lower than last month’s projection.

Polymers PET Petrochemicals rPET Oil

Brexit, the change of the guard to the ECB and the end of the Draghi bazooka, the price of the Oil and the European Elections: that’s why 2019 scares the world economy

The fears of a commercial war between the US and China, the Trump-Fed conflict on the rates – There is a spectrum which hovers to Europe: that of the recession.

2019, according to many experts, will be characterized by uncertainty. Political uncertainty, but above all economic, which, according to the analysts of Agi, will be due in particular to seven large “special observed” of the coming year.

(Italian Language Only)

Polymers PET Petrochemicals rPET Oil

Traders cautioned over use of bioplastics

Trichy: As the ban on single-use plastics comes into effect on Tuesday, there is confusion among traders on the usage of  bio-plastic bags as an alternative. Producers of such bags have been approaching traders claiming that these are biodegradable whereas food safety officials have been cautioning them to check the certificate first.

According to the officials, producers of bioplastic bags have to obtain the mandatory certificate from Central Institute of Plastics Engineering & Technology (CIPET)  Chennai, apart from the licence from state and central pollution control board. G Renganathan, 47, who runs a hotel at Alangudi in Pudukottai district is one among those to be affected the worst since he uses plastic pouches to pack  liquid food. He was approached by a trader selling bioplastic and he was planning to adopt it.

Polymers PET Petrochemicals rPET Oil

DMX introduces blockchain technology for the automotive industry

Dealer Market Exchange’s latest innovation presents an opportunity for car dealers, makers, vendors and consumers to conduct business together using the blockchain system.

VINblock pilots the blockchain solutions menu for the automotive community. It is designed to track the lifetime activity of any vehicle by its unique Vehicle Identification Number, thus creating a new business network among its participating users.

Polymers PET Petrochemicals rPET Oil

Here’s why these 3 things are the automotive fails of 2018

Battery cars and autonomous driving were predicted to be the crucial issues for 2018, but instead, the most pressing threats to our driving democracy were political.

For South African car fans, political issues beyond their immediate control were the biggest fails of 2018.

Autonomous everything

Our lives are so digital that we often forget analogue systems still control almost all cars. Because devices have woven themselves so intimately into the fabric of our existence, the addiction we have to all things digital is often misinterpreted as trust.

Polymers PET Petrochemicals rPET Oil

Toray to integrate textile manufacturing subsidiaries31

Toray Industries, Inc, has announced a policy to integrate the management of its two textile manufacturing subsidiaries in Thailand –Thai Toray Textile Mills Public Company Limited (TTTM) and Luckytex Public Company Limited (LTX) –at the respective board of directors meetings and approved to convene general shareholders’ meetings for the integration.

Going forward, TTTM and LTX will drive forward the prescribed procedures for management integration including approval by the general shareholders’ meetings and aim to start operations as a new company in July 2019. Toray will announce the name of the new company and the scheduled date of starting operations immediately after the formal procedures are complete, according to a press release by Toray.

Polymers PET Petrochemicals rPET Oil

Pore Size and Air Permeability Of Four Nonwoven Fabrics

The relationship between pore size and air permeability in two spunlaced fabrics and two spunbonded/meltblown/spunbonded (SMS) fabrics were investigated. Minimum, maximum and mean flow pore sizes were determined using liquid porosimetry. The influence of fabric weight and thickness on air permeability and pore sizes was also evaluated. For the spunlaced fabrics, air permeability was

most highly correlated with mean flow pore size, while there was a significant correlation between air permeability and maximum pore size for the SMS fabrics. Liquid porosimetry is a useful technique in

assessing pore sizes of nonwoven fabrics and can also aid in understanding the mechanism of air permeability.

Polymers PET Petrochemicals rPET Oil

Recycled Plastic Fibers Performance

Recycled Plastic Fibers Get a Performance Upgrade With New Technology  Recycled Plastic Fibers Performance 
By Madeleine Streets
Recycled Plastic Fibers Performance
Shoes made from plastic are no longer a novelty or the object of fashion ridicule. As sustainability has attracted greater attention over the past few years, the footwear industry has responded and there are now various eco-friendly options on the market (Allbirds is one such example). Recycled Plastic Fibers Performance 

Yet beyond the store shelves, there is a wave of innovation upgrading recycled plastic from a polyester replacement into multipurpose technologies.

Repreve, a brand of fibers made from recycled materials, was originally developed by Unifi as a way for the company to recycle its own fiber waste.

Now, it counts 14 individual performance technologies that range from temperature control to stretch and easy-clean. All fibers are designed to seamlessly replace, if not improve upon, standard polyester while repurposing the billions of plastic bottles that go into landfill every year.Recycled Plastic Fibers Performance 

“The great thing about Repreve is that it’s versatile,” said Chad Bolick, vice president for brand sales at Unifi Manufacturing, Inc. “In terms of footwear, it can be used in liners, laces and uppers — basically any part of the shoe where polyester is used.”

Plastic bottles can be turned into fabric by being chopped into bottle flake, which is melted first into chip and then melted again and extruded into a fiber. Companies like Rothy’s, Nike and Adidas have all launched products using these fibers, demonstrating that the textiles are able to compete with traditional non-recycled fabrics. Adidas intends to use recycled plastic in all of its products by 2020.

Recycled Plastic Fibers Performance 

Adidas Parley for the Oceans Ultra Boost Uncaged
CREDIT: COURTESY OF ADIDAS.
This makes the emergence of newly enhanced fibers more important than ever, for all areas of the footwear industry. For use in activewear, Repreve’s TruResistH₂O fiber is designed to minimize water absorption and speed up drying time, resulting in a yarn that is water resistant on its own but that also combines well with other finishes. On the fashion side, the TruEcoDye textile ensures strong inherent color while using less energy and water than most commercial dyeing.

Previous concerns about sustainable footwear have included the aesthetic sacrifices made in order to keep the product fully eco-friendly, and the potentially weaker performance qualities of recycled fabrics. After all, brands want to produce the best shoes for their customers. Companies like Parley Ocean Plastics and Repreve are hoping to combat any industry reluctance through consistently revising and improving the quality of their fibers.

“Thirty-three percent of consumers actively seek out and purchase from brands they know to be socially and environmentally responsible,” said Bolick. “We feel that people will make a more conscious effort to recycle when they realize that a bottle can become their shirt, their shoe, a part of their car, or the hat on their head.” Recycled Plastic Fibers Performance 

Repreve has recycled more than 13.75 billion bottles to date and aims to reach 20 billion by 2020.

Polymers PET Spandex Petrochemicals Prices

Polymers PET Spandex Petrochemicals Prices

         Polyestertime

ITEM24/12/201831/12/2018+/-
Bottle grade PET chips domestic market8,150 yuan/ton7,850 yuan/ton-300
Bottle grade PET chips export market1,060 $/ton1,025 $/ton-35
Filament grade Semidull chips domestic market8,000 yuan/ton7,650 yuan/ton-350
Filament grade Bright chips domestic market8,025 yuan/ton7,675 yuan/ton-350
PureTerephthalic Acid PTA domestic market6,335 yuan/ton6,045 yuan/ton-290
Pure Terephthalic Acid PTA export market845 $/ton820 $/ton-25
Monoethyleneglycol MEG domestic market5,485 yuan/ton5,200 yuan/ton-285
Monoethyleneglycol MEG export market655 $/ton628 $/ton-27
Paraxylene PX FOB  Taiwan market1,005 $/ton948 $/ton-57
Paraxylene PX FOB  Korea market985 $/ton928 $/ton-57
Paraxylene PX FOB EU market909 $/ton890 $/ton-19
Polyester filament POY 150D/48F domestic market8,525 yuan/ton8,270 yuan/ton-255
Recycled Polyester filament POY  domestic market8,450 yuan/ton8,050 yuan/ton-400
Polyester filament DTY 150D/48 F domestic market10,400 yuan/ton10,100 yuan/ton-300
Polyester filament FDY 68D24F domestic market 9,900 yuan/ton9,750 yuan/ton-150
Polyester filament FDY 150D/96F domestic market9,300 yuan/ton9,100 yuan/ton-200
Polyester staple fiber 1.4D 38mm domestic market9,070 yuan/ton8,920 yuan/ton-150
Caprolactam CPL domestic market12,550 yuan/ton12,400 yuan/ton-150
Caprolactam CPL overseas  market1,650 $/ton1,580 $/ton-70
Nylon6 chips overseas  market2,120 $/ton1,930 $/ton-190
Nylon6 chips conventional spinning domestic  market14,400 yuan/ton14,300 yuan/ton-100
Nylon6 chips  high speed spinning domestic  market15,000 yuan/ton14,800 yuan/ton-200
Nylon 6.6 chips domestic  market33,800 yuan/ton33,700 yuan/ton-100
Nylon6 Filament POY 86D/24F domestic  market17,800 yuan/ton17,500 yuan/ton-300
Nylon6 Filament DTY 70D/24F domestic  market21,000 yuan/ton20,500 yuan/ton-500
Nylon6 Filament FDY  70D/24F  domestic  market18,800 yuan/ton18,500 yuan/ton-300
Spandex 20D  domestic  market39,500  yuan/ton39,500  yuan/ton
Spandex 30D  domestic  market38,500  yuan/ton38,500  yuan/ton
Spandex 40D  domestic  market33,500  yuan/ton33,500  yuan/ton
Adipic Acid domestic market7,900 yuan/ton7,800 yuan/ton-100
Benzene domestic market4,550 yuan/ton4,400 yuan/ton-150
Benzene overseas  market544 $/ton511 $/ton-33
Ethylene South East market830 $/ton820 $/ton-10
Ethylene NWE  market862 $/ton857 $/ton-5
Acrylonitrile ACN  domestic market11,800 yuan/ton11,800 yuan/ton
Acrylonitrile ACN  overseas market1,600 $/ton1,400 $/ton-200
Acrylic staple fiber ASF  domestic market16,000 yuan/ton16,000 yuan/ton
Viscose Staple Fiber VSF  domestic market13,770 yuan/ton13,680 yuan/ton-90
PP Powder domestic market9,000 yuan/ton9,050 yuan/ton+50
Naphtha overseas market          467 $/ton465 $/ton-2
Phenol domestic market 8,500 yuan/ton8,500 yuan/ton
PS Taiwan 5250 GPPS1,290 $/ton1,295 $/ton+5
PS Taiwan 8250 HIPS1,395 $/ton1,395 $/ton
LDPE CFR Far East 1,032 $/ton1,032 $/ton
LLDPE CFR Far East1022 $/ton1,017 $/ton-5
LDPE   FOB Middle East 1,013 $/ton1,017 $/ton+4
LLDPE FOB Middle East1,005 $/ton1,000 $/ton-5
HDPE CFR Far East1,070 $/ton1,065 $/ton-5
Homopolymer PP CFR Far East1,050 $/ton1,050 $/ton
Homopolymer PP FD NWE1,204 €/ton1,204 €/ton

Polymers PET Petrochemicals Recycling Oil 31-12-2018

To all our Dear Readers

UK needs to get its act together before Brexit vote, Juncker says

It is not up to EU to resolve problems before MPs vote on May’s deal, London told

Jean-Claude Juncker says the EU’s proposed solutions ‘have been on the table for months’. Photograph: Eric Vidal/Reuters

Jean-Claude Juncker has told the UK to “get its act together” in the run-up to the delayed House of Commons vote on Theresa May’s Brexit deal.

The European commission president said the EU could not be expected to resolve the problems that continue to make it likely the British government will suffer a heavy defeat.

“I find it entirely unreasonable for parts of the British public to believe that it is for the EU alone to propose a solution for all future British problems,” Juncker said in a wide-ranging interview with the German newspaper Welt am Sonntag. “My appeal is this. Get your act together and then tell us what it is you want. Our proposed solutions have been on the table for months.”

Polymers PET Petrochemicals Recycling Oil

Crude Oil Prices Trend

Polymers PET Petrochemicals Recycling Oil

Polymers PET Spandex Petrochemicals Prices

Polymers PET Petrochemicals Recycling Oil

Remembering Dhirubhai Ambani, the polyester prince who made himself king of India Inc.

In just 3 decades, Dhirubhai Ambani rose from a clerk to India’s top industrialist, and it was all down to his vision, risk-taking ability and people skills.

New Delhi: There is no Indian conglomerate that can come within touching distance of Reliance today in terms of net worth, even though brothers Mukesh and Anil Ambani have split the business into their own diversified groups. And for that wealth, they have to thank the vision and risk-taking ability of their father, the late Dhirubhai Ambani.

Rising from a clerk in a British company in Aden, to the ‘prince of polyester’, to the uncrowned king of India Inc. and a Padma Vibhushan awardee, the senior Ambani lived a fascinating life, which was even adapted into the Bollywood blockbuster Guru by legendary director Mani Ratnam.

Polymers PET Petrochemicals Recycling Oil

War set to be waged on plastic

Thailand is looking to ban the use of very thin single-use plastic bags in 2022, followed by single-use plastic glasses and straws three years later, according to plans drafted by the Pollution Control Department.
t is also looking to reduce the use of thicker plastic bags, such as those given out by department stores, by 70% over the next 20 years and ban plastic bottle tops and toxic chemicals found in plastics used for food containers.

The measures are part of efforts to curb the increasing use of throw-away plastic and hopefully reduce the dumping of plastic waste into the sea.

Polymers PET Petrochemicals Recycling Oil

Plastics for a changing world

Chelmsford manufacturer working for ‘sustainable products’

A steady whir of machinery filled the large production room at Waddington North America’s Stuart Road manufacturing facility, while employees ensured the single-use plastic plates, cups and utensils emerging from the machines were packaged properly.

“This is a molding machine that is taking resin pellets that are stored in silos outside of the building,” Rob Ayles, director of operations at WNA’s Chelmsford location, explained to town officials during a Dec. 18 tour of the facility. “They are pumped into each machine, the pellets are melted to 500 degrees, and injected into a cavity where the part is formed.”

Polymers PET Petrochemicals Recycling Oil

How to Create a Sustainable Business Model

Creating a sustainable business model can be difficult. Let’s dive deep into the concept of sustainability in business development.

A growing movement against plastic products and irresponsible consumption is just one of the signs that sustainability is becoming more and more important to buyers. But what does that mean for your business, and how can you create – or shift to – a sustainable business model?

The dictionary definition for “sustainable” is “able to be maintained at a certain rate or level.” Wikipedia is a bit more helpful: “Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” But we need to dig a little deeper to understand how the concept of sustainability is relevant to business development.

Polymers PET Petrochemicals Recycling Oil

Coca-Cola Africa has pledged $38-million to recycling industries across Africa.

The Coca-Cola Company pledges millions to recycling industries.

Coca-Cola Africa, a major partner of the Global Citizen Mandela 100 Festival, committed millions of dollars to recycling industries across Southern and East Africa.

The company also launched its new 100-per-cent recycled PET bottle at the festival.

Speaking at the festival, Maserame Mouyeme, director of public affairs, communications and sustainability at Coca-Cola Southern and East Africa, said, “At Coca-Cola we believe in doing business in the right way because people matter and our planet matters, too.

“This system investment will in turn create more than 19 000 income opportunities, many of them for women.”

“We acknowledge the harm that packaging, in particular plastic, can do to our environment.

Polymers PET Petrochemicals Recycling Oil

-Nanophase Technologies Co. CEO Buys $16,361.19 in Stock

Nanophase Technologies logoNanophase Technologies Co. CEO Jess Jankowski bought 20,199 shares of Nanophase Technologies stock in a transaction dated Monday, December 24th. The stock was acquired at an average price of $0.81 per share, for a total transaction of $16,361.19. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Nanophase Technologies stock traded down $0.01 during trading hours on Thursday, reaching $0.74. The company’s stock had a trading volume of 3,465 shares, compared to its average volume of 6,709.

Polymers PET Petrochemicals Recycling Oil

OUTLOOK ’19: Asia BPA markets set for limited fluctuations

Asia bisphenol A (BPA)markets are poised to see limited fluctuationsamid expectations of demand to stabilise atbest in early 2019.

Spot prices of BPAin key China markets have slumped in the fourthquarter of 2018, dragged down by dwindlingdownstream demand, particularly inpolycarbonate (PC) and epoxy resinapplications.

The largely bearish market was exacerbated by apersistently weak Chinese yuan (CNY) currencyto the US dollar, depressed by the China-UStrade war, making imports uneconomical.

Polymers PET Petrochemicals Recycling Oil

Bio-plastic from Algae? BETO surfs the ocean waves for a breakthrough

No, not the Beto from Texas, silly! BETO is the US Energy Department’s Bioenergy Technologies Office. Earlier this year BETO dropped a cool $2 million in funding for a cutting edge algae plastic research project aimed at accelerating the sparkling green bioeconomy of the future.

BETO breakthrough may give us bio-plastic from algae – better for the oceans

The algae project is far from a one-off, by the way. For all of President* Trump’s blustering about fossil fuels, the US Department of Energy is still pursuing R&D programs that will help shift the economy out of dependence on fossil-based plastics as well as fossil fuels and chemicals.

Polymers PET Petrochemicals Recycling Oil

Viewpoint: 1H 2019 ethylene looks well-supplied

New US ethylene supplies coming on line in the first half of 2019 are unlikely to depress Mont Belvieu, Texas, prices as new derivative units help balance the market.

The US is currently flush with ethylene, and the start of four new units and a mothballed facility in the first half of 2019 are expected to increase overall US ethylene production by 15pc. But this new output is unlikely to send spot ethylene prices lower because about 80pc of the new capacity will be paired with derivative units.

Louisiana start-ups account for 70pc of the new capacity. The two smallest of the five new crackers — both long-delayed — Indorama’s 420,000 t/yr unit and Shintech’s 500,000 t/yr in Plaquemine, will not be paired with derivative units. These units will add to ethylene’s bearishness, but their impact may not be significant. Indorama’s cracker is expected to begin commercial production by mid-January, while Shintech’s startup is expected sometime in the first half of 2019.

Polymers PET Petrochemicals Recycling Oil

Van de Wiele’s complete carpet solutions at Domotex

Van de Wiele, a specialist in complete carpet solutions, from granulate to carpet, will present its latest innovations at Domotex, a leading trade fair for floor coverings that takes place from 11-14 January 2019 in Hannover, Germany.

The company’s portfolio contains BCF extrusion lines, heat-setting, tufting and carpet weaving machines. The event is an opportunity for the manufacturer to meet current customers and prospects for future business.

“Of course, it is important to participate to show the presence in the market, but it also is the opportunity to strengthen the long-term relationship with our customers,” the company explains.

Polymers PET Petrochemicals Recycling Oil

Crude oil prices steady near year-and-a-half lows ahead of New Year

US West Texas Intermediate crude futures rose 72 cents to settle at $45.33 a barrel, after earlier reaching $46.22 a barrel

Oil prices steadied on Friday after a week of volatile trading ahead of the New Year holiday, supported by a rise in U.S. equity markets but pressured by worries about a global glut of crude.

Brent crude futures rose 4 cents to settle at $52.20 a barrel, off the session high of $53.80 a barrel.

U.S. West Texas Intermediate (WTI) crude futures rose 72 cents to settle at $45.33 a barrel, after earlier reaching $46.22 a barrel.

Both benchmarks posted third straight weekly declines, with Brent losing about 3 percent and WTI nearly 0.4 percent.

Polymers PET Petrochemicals Recycling Oil

2018: A Happening Year for Textiles-Apparel

For global trade and industry, particularly textiles and apparel, 2018 turned out to be a very happening year.

Rajesh Kumar Shah looks at top ten developments that changed or is likely to affect global textiles-apparel production and trade.

United States (US) President Donald Trump’s decision of imposing duties on goods of other countries with which it has a negative trade balance, undoubtedly, had the maximum impact on the textiles and apparel industry worldwide in 2018.

The US decision forced many textiles and apparel exporting nations to rethink, and be ready with an alternative strategy in case their exports to the US dwindle.

As experts focused on pros and cons, especially the US-China trade war, some nations like Bangladesh and Vietnam saw in it an opportunity to boost their exports to the US.

The year also saw the US signing a revised free trade agreement with South Korea as also the United States-Mexico-Canada Agreement (USMCA), a rechristened version of the North American Free Trade Agreement (NAFTA).

Polymers PET Petrochemicals Recycling Oil

OPEC cuts, the US and the oil price in 2019

Vinod Raghothamarao, consulting director of energy wide perspectives at IHS Markitt, on the energy market, OPEC cuts and the outlook for 2019

The Vienna Alliance of OPEC and non-OPEC oil producers decided in December 2018 to reduce oil supply from October levels by a collective 1.2mmbpd starting in January 2019, effectively reversing a supply expansion of 1mmbpd that was agreed at its last meeting in June.

OPEC will account for 800,000 bpd of that cut, and 10 non-OPEC members of the alliance will account for the remaining 400,000 bpd.

Saudi Arabia and Russia, the two largest producers in the alliance that accounted for the lion’s share of increased output in recent months, will nominally be reducing supply the most.

Had the alliance failed to agree to cut supply, the markets were poised to fall further.

Polymers PET Petrochemicals Recycling Oil

We need leaders who are versed in logistics and economics of oil

Would you sell your most valuable resource for about 25% of the price of what it was worth?

That is what Canada was doing in November when they allowed the oil companies to sell Alberta crude oil for US$13 a barrel when the market price was US$54.

This landlocked oil was costing the government millions of US dollars a day.

Some of the oil companies were happy to obtain the oil at this price because they could refine it and get a much higher profit margin on this refined oil.

The government finally started to take action by reducing the amount of oil produced which narrowed the gap with the market price.

The problem became worse in summer 2018 as the government spent billions in an effort to expand pipelines to ease the landlocked problem.

Polymers PET Petrochemicals Recycling Oil

OUTLOOK ’19: US chem industry to grow despite global economic uncertainty

The US petrochemical industryin 2019 is primed to continue the growth thanksto feedstock advantage trumping increasedeconomic uncertainty various trade and fiscalpolicies.

The American Chemistry Council (ACC) expectschemical output to grow by 3.6% in 2019,compared to 3.1% in 2018.

Competitive advantage from shale gas is themain factor keeping the US petrochemicaloutlook positive, the ACC said.

Although US chemical manufacturersexperienced higher oil and gas prices at theend of 2018, the ACC noted they continue toenjoy cheaper and more abundant feedstocks andenergy compared to foreign competitors.

Polymers PET Petrochemicals Recycling Oil

Saudi oil facility likely to start in January, UAE’s could take longer

ISLAMABAD: The deferred oil facility with Saudi Arabia should be complete and ready for signature in January as a revised draft agreement has been sent to Riyadh, a well-placed source in the finance ministry told Dawn on Saturday, while the talks with the UAE on the same facility have not yet yielded a draft agreement.

“We have almost finalised the details of the agreement with Saudi Arabia at the technical level,” the source said, adding that the remaining issues will be sorted out by the second week of January.

Polymers PET Petrochemicals Recycling Oil

New Process for Bioplastic with Low Water Impact

The news periodically brings reports of great islands—sometimes even described as continents—of trash created as plastics and other debris accumulate in the open seas.

Responding to the need for plastics that will not contribute to the problem, researchers at Tel Aviv University have devised a method for creating a polymer from marine microorganisms that completely recycles into organic waste.

What’s more, the process itself has a very low environmental impact.

Polymers PET Petrochemicals Recycling Oil

UK’s richest man, Sir Ratcliffe, is considering expanding his empire with a multi-million buy in America

Britain’s richest man, Sir Jim Ratcliffe, is weighing up an expansion of his chemicals empire with a £550million purchase in the US.

His firm Ineos has held talks with American mining group Tronox and the National Titanium Dioxide Company about buying a white pigment plant in Ohio.

The move comes as Tronox seeks approval from the US Federal Trade Commission to seal its merger with the National Titanium Dioxide Company.

Polymers PET Petrochemicals Recycling Oil

Oil prices remain steady ahead of New Year

Oil prices went down slightly during the week ending Dec. 28, with the price of West Texas Intermediate (WTI) for February delivery decreasing 0.57 percent and Brent crude for February delivery down 3.01 percent.

In the previous week ending Dec. 21, oil prices decreased sharply. WTI decreased 11.0 percent, and Brent crude decreased 10.7 percent.

At the end of the week, WTI settled at 45.59 U.S. dollars a barrel, while Brent crude closed at 53.82 dollars a barrel.

Polymers PET Petrochemicals Recycling Oil

Asia’s Iran crude imports hit more than 5-yr low in Nov as sanctions bite

Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November as U.S. sanctions on Iran’s oil exports took effect last month, government and ship-tracking data showed.

China, India, Japan and South Korea last month imported about 664,800 barrels per day (bpd) from Iran, according to the data, down 12.7 percent from the same month a year earlier.

South Korea cut imports to zero for a third month in November while Japan followed suit. India’s November imports are down about 40 percent from October, the data showed.

Asia’s Iranian oil imports are set to rise from December after the United States granted eight countries waivers from sanctions against Iran’s oil exports for 180 days.

Polymers PET Petrochemicals Recycling Oil

Montreal researchers create plastic from lobster, shrimp shells

Turning lobster shells to plastic

McGill researchers have patented a process that transforms crustacean and insect shells into a useable plastic material.

Researchers at McGill University have developed a new type of durable yet biodegradable plastic from the shells of crustaceans like shrimp and lobster.

Working from a Montreal lab, they have modified a substance found in crustacean shells called chitin into a polymer called chitosan, which is usually difficult to make durable or fabricate in mass quantities.

Polymers PET Petrochemicals Recycling Oil

Europe benzene January contract price falls tonine-and-a-half year low

The European benzene Januarycontract price has settled at €485/tonne, adecrease of €57/tonne fromDecember, two buyers and three sellers saidon Friday.

The settlement was agreed at a US dollarconcept of $552/tonne and converted to the europrice at an agreed exchange rate of €1:$1.1377.

This is the lowest contract price agreed forbenzene in Europe sinceMay 2009.

The January settlement was a drop of $65/tonneversus December in dollar terms.

Polymers PET Petrochemicals Recycling Oil

Plastic petrochemicals oil bioplastics 29-12-2018

Oil Watchers See $70 a Barrel in 2019 as Recession Fears Fade

The world’s biggest banks are reckoning on a rebound in oil prices next year as fears of a recession prove misplaced.

The Brent benchmark will average $70 a barrel in 2019, almost a third higher than its price on Thursday, according to a Bloomberg survey of oil analysts. Futures in London and New York plunged this quarter, with volatility soaring in its final week as crude tracked gyrations in equity markets.

“We could even see something similar to a V-shaped recovery next year, on two very important conditions,” said Michael Cohen, head of energy and commodities research at Barclays Plc in New York. “One, that the reduction in OPEC exports leads to a reduction in inventories. And two, that we don’t see a further deterioration in macroeconomic conditions.”

Darkening Outlook

The recent weakness in financial assets has been led by a darkening outlook for the global economy amid prolonged trade dispute between the U.S. and China, and as the U.S. Federal Reserve embarks on tightening monetary policy.

While the ensuing retreat in oil prices has brought relief to consumers, it’s battered the shares of companies like Exxon Mobil Corp. and BP Plc, as well as the economies of producers like Saudi Arabia.

Plastic petrochemicals oil bioplastics

The Ban On Plastic Was Bound To Happen – NEPA

Peter Knight, chief executive officer of the National Environment and Planning Agency.

The ban on plastic was inevitable, said chief executive officer of the National Environment and Planning Agency (NEPA) Peter Knight.

Speaking at a Gleaner Editors’ Forum last week, Knight pointed to the European Union as one example where bold steps were taken to ensure that legislation was in place to ban single-use plastics.

Come January 1, Jamaica will implement a ban on certain single-use plastic products and Styrofoam packaging.

Plastic petrochemicals oil bioplastics

Peter Knight chief executive officer of the National Environment and Planning Agency

OSHeN Active Launches Bamboo-Based Activewear Line

OSHeN Active’s ultra-comfortable and eco-friendly activewear line offers studio-to-street style not made from plastic

OSHeN Active announced today the launch of its high performance “not from plastic” activewear line. OSHeN’s revolutionary, ultra-comfortable, eco-friendly trademarked bamboo fabric provides unparalleled strength, compression and flexibility while staying true to the brand’s commitment to ocean conservation.  OSHeN’s first collection for the athletic and style conscious man and woman is available online at https://www.oshenactive.com/.

Headquartered in Marina Del Rey, OSHeN is disrupting the sports apparel industry with sustainable studio-to-street styles that are so breathable and soft, you will want to eat, sleep, work, and live in OSHeN.

Plastic petrochemicals oil bioplastics

Moral Fiber seeks to close the textile loop through innovative recycling

Akshay Sethi has a vision: he wants to revolutionize fashion by recycling polyester to create a sustainable fibre that can be reused eternally. But this ambitious vision is only part of an even bigger plan: to do the same for all plastics.

His Moral Fiber company has developed a three-step chemical process that can extract polyester from mixed blend materials to create a new yarn, billed as the world’s first textile product made entirely from old clothing. The equipment needed for this transformation can fit into a small shipping container, making it easy to deploy.

For now, the process is being tested in a pilot plant in Los Angeles but next year, Sethi hopes to be able to start sending the “box” to countries with growing middle classes and high levels of consumption and waste so that they can recycle clothing and produce Moral Fiber as well.

Plastic petrochemicals oil bioplastics

New Products: Solvay releases Technyl-branded polymers

Solvay Performance Polyamides introduced new advanced Technyl-branded polymer solutions to address the growing need for personal protection and systems safety for the automotive industry.

A whole family of electro-friendly low-corroding materials has been developed to meet the needs of car manufacturers. The range comprises six Technyl and Technyl Star grades offering reliable purity based on dedicated formulation and clean compounding.

The firm said two of these grades use bio-based, eco-friendly Technyl eXten technology for applications needing high temperature combined with glycol resistance. The range will be commercially available in early 2019.

Plastic petrochemicals oil bioplastics

Cefic ‘optimistic’ about EU chemical industry growth in 2019 Comments Email  Print

The European chemicals manufacturing sector is set for a mini-rebound next year, according to industry association Cefic.

In a statement, Cefic said it was “cautiously optimistic” about prospects for 2019, with an anticipated growth of 0.5 percent year-on-year. This, it said, would mark a recovery from 2018, when production declined by 0.5 percent compared to 2017.

The organization linked the decline to “higher oil prices, lower demand from the automotive sector, and unusually low water levels in European rivers, which caused transportation delays.”

Plastic petrochemicals oil bioplastics

New Fiber Could Be the Foundation for Futuristic Smart Garments

Self-assembling silver tubes might someday wire up your clothes.

Designers of smart garments have a vision: that we’ll come to use electronics woven into the clothes we wear not just as dazzling new ways to express ourselves, like the light-up prom dress that went viral in 2017, but as extensions of our digital lives that could collect biometric data or even grant wearers superhuman senses.

The problem is that today’s old-fashioned textiles are already the result of thousands of years of innovation, and versions that incorporate wearable computing tech need to be just as hardy. Smart garments will have to be resilient in the face of everything from wash-and-fold to sweaty workouts, not to mention as long-lasting as a trusty t-shirt.

Plastic petrochemicals oil bioplastics

US shale oil gives Middle East producers a headache

Light oil pumped in US shale fields is increasingly making its way to Asia, undercutting sales by the likes of Saudi Arabia

The US oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices.

A tussle is playing out in the market for so-called light oils, which have a lower sulphur content and are less dense than heavier varieties. When processed, these grades typically yield a higher amount of fuels such as gasoline and naphtha. And now, US supplies are weighing on prices for such crudes as well as fuels made from them.

Plastic petrochemicals oil bioplastics

Year in review: Lanxess says goodbye to Arlanxeo

Suppliers are key in helping rubber product manufacturers find new innovations and many of them made a big impact in 2018. We take a look back at some of the year’s major developments.

Lanxess A.G. didn’t wait long to bail on its synthetic rubber joint venture with Saudi Arabian Oil Co.

In August, the firm sold its 50 percent share of Arlanxeo to its joint venture partner, Saudi Aramco, for about $1.62 billion. Lanxess said it will use the proceeds to strengthen its financial basis and reduce its net debt.

The firm called the rubber business “volatile,” and in recent years had been shifting its focus to other, more stable, markets—specifically chemicals and additives. The addition of Chemtura Corp. and Chemours Clean and Disinfect business have helped it achieve such a shift, but it also caused the firm’s net-debt to balloon back to $3.05 billion through the first six months of 2018.

Plastic petrochemicals oil bioplastics

A seaweed-eating microbe could help transition to sustainable plastic

A team of scientists at Tel Aviv University have developed a non-toxic bioplastic polymer that could help facilitate a much-needed shift away from toxic plastics. The sustainable alternative is derived from a marine microorganism that feeds on seaweed and does not require many resources to produce.

According to the United Nations, around 90 percent of marine pollution is plastic waste. Scientists have been working for many years to come up with feasible and environmentally friendly replacements for petroleum-based plastics.

Dr. Alexander Golberg of TAU’s Porter School of Environmental and Earth Sciences is the study’s lead author.

Plastic petrochemicals oil bioplastics

Smart Manufacturing Quality Automation

Manufacturers have long embraced the concept of continuous improvement and innovation. In that spirit, what better way to kick off 2019 than by looking to see what the next year has in store for manufacturing? Smart Manufacturing Quality Automation 

Over the past few years, it has been impossible to escape headlines about the Industrial Internet of Things (IIoT)/Industry 4.0. New models for technology-enabled manufacturing have already moved into the implementation phase at many of the world’s top manufacturers.Smart Manufacturing Quality Automation 

One of the hallmarks of smart, connected manufacturing is elevating the role of humans in decision-making processes, and allowing machines to make more decisions in cases where machines are faster and sometimes more capable. Machine decisions are enabled by analyzing data from an ever-increasing array of sensors and production data.

Integrating data and analytics from production equipment with design, engineering and continuous improvement in manufacturing leads to faster optimization of production and new product design. We learn what works, what breaks, what customers love and loathe, and when products need to be repaired or retired. Smart Manufacturing Quality Automation 

Better feedback loops result in better products and production processes, enabling us to better serve customers. Sounds like the makings of some solid New Year’s resolutions:

1) Collect data everywhere.

2) Learn things from it.

3) Design better products.

4) Produce them more intelligently.

5) Rinse and repeat — and do it even smarter this time.

But let’s get more specific. Here are three ideas to consider as you lay out priorities and plans for the year ahead. Smart Manufacturing Quality Automation 

Access and Analytics with Real Time Data is Proving its Value to the Enterprise

Data transparency helps manufacturers improve quality and customer satisfaction. Streamlining audit and regulatory burdens, enhancing the accuracy and accessibility of track and trace data, and ensuring quality from raw materials to packaging – all of these critical benefits come from collecting and integrating data in real time, at scale.

Another aspect is delivery data. Today, when you buy products on Amazon, you go online, order a product and receive an expected delivery date. If there’s any delay, they let you know of the change. They even alert you as soon as the product arrives. Retail shoppers worldwide have grown to love tracking their packages online. Unfortunately, it doesn’t usually work that way in manufacturing. The ability to see where the product is in the line and when it’s going to ship would be huge.Smart Manufacturing Quality Automation 

Over the past five years, new IIoT technology and the cloud have led to the development of a modern Manufacturing Execution Systems (MES) that can track and consolidate critical manufacturing data in real time, delivering new levels of visibility across the global supply chain.Smart Manufacturing Quality Automation 

With a cloud-based MES platform, data generated throughout the manufacturing and testing process is converted into a virtual representation of the factory and production. This provides supply chain managers and operations executives with access to a digital factory floor via laptop, with a real-time view into status at product, workstation, production floor, plant, regional and global levels. The system can monitor yield, throughput, work-in-progress (WIP), labor efficiency and productivity against pre-defined targets. More and more companies have implemented this technology in production over the last few years.Smart Manufacturing Quality Automation 

This real-time visibility not only empowers executives with a clear understanding of what’s happening in their factories, it also instills a greater sense of accountability among workers to address developing conditions before they are automatically escalated to factory management.Smart Manufacturing Quality Automation 

This technology can also be extended beyond a manufacturer’s own operations to third party suppliers that agree to use it, providing insights into the status of their operations and component availability.Smart Manufacturing Quality Automation 

Regulatory Scrutiny Will Drive Deployment of Technology to Improve Quality in the Factory 

Automotive and medical devices have become highly sophisticated in both functionality and manufacturing complexity. They must meet strict compliance requirements, with manufacturers having to track every component, piece of manufacturing equipment, and operator action for every device serial number, throughout the manufacturing process.

Emerging developments in manufacturing systems, machine-to-machine (M2M) communications and the cloud are helping to efficiently “mistake-proof” complex production processes, preventing some of the most common causes of manufacturing errors. And, should a manufacturing issue be uncovered later, these new systems can quickly and effectively isolate products that must be recalled.

In an increasing number of factories now, all equipment, materials and operator actions are scanned via bar code systems connected to the cloud MES platform, enforcing compliance at every step. This ensures the highest level of quality and predictability because processes are pre-programmed. Replication in the cloud validates all activity, ensuring compliance.Smart Manufacturing Quality Automation 

If a product fails an inspection or a test, it is routed out of the main process flow and repaired. It is then reinserted back at the point before the failure occurred to ensure it passes the test it originally failed.

Several companies have now connected some or all their manufacturing equipment to a local or cloud network. This includes bar code scanners and label printers at individual workstations and operator badge scanning.Smart Manufacturing Quality Automation 

With this connectivity and the right programming, these smart manufacturing systems, and the data running through them, result in a “forced quality framework” that eliminates some of the most common production errors.

M2M, the Cloud, and Industry 4.0 Will Facilitate Use of Automated Warehouses for Improved Productivity

Large electronics manufacturers may build thousands of products, such as printed circuit board assemblies, every hour. Keeping surface mount technology (SMT) lines fed with components is critical. Running out of materials triggers immediate downtime, hurting productivity, and resulting in a significant financial impact to the manufacturer.

Traditionally, technicians would monitor SMT equipment to see when materials are running low. Now, companies are implementing closed loop systems to ensure all required components are delivered to production at the right time — leveraging cloud-based MES solutions, M2M connectivity and Machine-to-Human communication.

In some factories we work with, an SMT machine automatically sends a signal to the MES when a component needs to be replenished; the MES in turn forwards it to the automated warehouse system. The system prioritizes the order, and the operator locates the component in the warehouse and triggers the replenishment procedure in the inventory management system.Smart Manufacturing Quality Automation 

The component is then placed at a collection station and an autonomous guided vehicle (AGV) collects and transports it to the SMT line where it is needed. When the AGV leaves the stockroom, the technician is alerted via text so that he or she is ready at the SMT line to load the material when it arrives at SMT line.

This sort of process, relatively simple when the right data connections are in place, minimizes line down situations, and enables “automated backflushing” of components for better materials and inventory management. These capabilities clearly benefit supply chain and inventory management, and can be programmed to fit specific shop floor scenarios.

Here’s to Applying Technology the Right Way in 2019, for Smart Manufacturing

For many manufacturers, change equals risk. Disruption in their supply chain or factories can cost millions, and also impact a brand or a company’s reputation.

Given this, many manufacturers are understandably reluctant to embrace far-reaching changes to their traditional industrial infrastructure and processes. However, manufacturers can start down this path by resetting expectations and asking their personnel to think differently. With the three examples described above, we’ve seen the power of new, but now proven manufacturing systems.

This technology has been implemented by some companies already, and presents an opportunity for others in 2019. Smart Manufacturing Quality Automation 

The exercise of making New Year’s Resolutions is really just about pausing to reflect, re-center and make a plan for moving forward. Leverage new technology as a driver for change. And don’t forget to ask your best suppliers and partners about their new tactics and innovations. Smart Manufacturing Quality Automation 

Everyone – including executive teams – must recognize that the path to digital manufacturing is going to be different than previous operational changes.  In the factory of the future, technology and I.T. are as vital as continuous improvement.

Srivats Ramaswami is CTO at 42Q.

Industry 4.0 Automotive Supply Chain

When it comes to the automotive industry, innovation isn’t anything new. A rich history of ideation – including Alfred P. Sloan Jr.’s commitment to new concepts such as automotive styling and Henry Ford’s introduction of the assembly line – defines an industry in which change occurs more often than not.Industry 4.0 Automotive Supply Chain

The latest in a long series of new developments is poised to be delivered by Industry 4.0, or the fourth industrial revolution. Made popular in the manufacturing arena, Industry 4.0 is ready to reshape the automotive industry. From smaller equipment to a more dynamic supply chain, see what changes are on the horizon.

More Efficient Equipment

Dreams of driverless vehicles are decades old. But with the help of Industry 4.0, those fantasies are turning into reality. Automotive giants such as Ford and GM plan on leveraging Industry 4.0 to deliver cars without gas pedals or steering wheels as early as 2019. Although time will tell whether such proclamations come to fruition, there’s no denying the difference Industry 4.0 is already making in the automotive supply chain.

Among the most immediate impacts of Industry 4.0 is an uptick in automation. Rather than requiring workers to shadow a piece of equipment throughout their shift, suppliers can dedicate their time toward more immediate needs. If an emergency arises, for example, workers can have confidence that automated equipment will get the job done.

In the same way worker efficiency is expected to increase with Industry 4.0, equipment itself may become easier to implement. The mining industry has made use of automation from Industry 4.0 by reimagining what’s necessary. In fact, IoT-controlled vehicles are being designed without a cockpit to free up space. The best part? No dip in performance. Automotive manufacturers looking to maximize their factory floor should consider making similar use of automation. By weeding out what’s no longer necessary, manufacturers stand to drive greater efficiency.Industry 4.0 Automotive Supply Chain

Greater Connectivity

Businesses are always looking to back their decisions with data. According to research from Forrester, 74 percent of firms want to be data driven. Just 29 percent, however, know how to turn analytics into action. That’s where Industry 4.0 can make its presence felt.

By enhancing connectivity between every part of the supply chain, Industry 4.0 will hasten the transition from a linear structure to one that’s more responsive. Instead of operating independently, everyone along the supply chain can adapt based on customer demand. Say, for example, an in-car infotainment system is selling more quickly than expected. Stakeholders can leverage that information to modify production plans on the fly and ultimately increase efficiency.Industry 4.0 Automotive Supply Chain

Better yet, time to market also figures to decrease. Access to customer engagement data at every point in the supply chain helps eliminate some of the mystery around new features. Rather than guessing what sales might look like months in advance, stakeholders can use the data made available through a dynamic supply chain to determine which infotainment systems are in high demand and which should hit the shelf. Options that are no longer relevant can be substituted throughout the supply chain in favor of those that are selling faster.Industry 4.0 Automotive Supply Chain

Lower Production Costs

From dashboard selections to the steering wheel, consumers have come to expect full control over what ends up in their vehicles. While it may seem like the norm, this era of customized cars is still evolving. For much of the automotive industry’s early history, there haven’t been too many options on the table. Just take a look at Ford’s Model T. One engine type and color was all that customers could choose from. While customization is bound to increase customer satisfaction, greater costs may come with it.

To meet the needs of each customer without blowing past their budget, stakeholders throughout the automotive supply chain can leverage Industry 4.0. Greater insight into the most popular combination of features makes it easier to allocate resources accordingly. If, for example, a new navigation system along with a specific set of wheels see a significant spike in sales, stakeholders can spend more time and money on keeping those features in stock rather than developing other selections. In the event that a customer wishes to purchase a feature that doesn’t happen to be among the top sellers, Industry 4.0 technologies like 3D printing can slash production costs.

With more distribution partners on their way, competition in the automotive industry will continue to grow. Suppliers can stand out from the crowd by turning their attention toward customization options that consumers want. Instead of spending thousands of dollars on a wide range of selections, suppliers should focus their production efforts on options that matter most. As spending decreases, so may prices.Industry 4.0 Automotive Supply Chain

Change is coming to the automotive supply chain – and Industry 4.0 is a big reason why. Stay one step ahead of the competition by keeping an eye out for smaller, more efficient equipment, a dynamic supply chain structure and increased savings. All of which Industry 4.0 is set to deliver to the automotive supply chain.

George Whittier is the chief operating officer at Morey.

Developing Countries Industry 4.0

Developing Countries Industry 4.0
Developing Countries Must Better Prepare for Industry 4.0, Expert Says

Developing countries must step up efforts and implement better strategies to prepare for the impact of increased automation and the implementation of smart technologies in Industry 4.0, a technology expert said. (Antara Photo/M. N. Kanwa)

By : Sheany

Jakarta. Developing countries must step up efforts and implement better strategies to prepare for the impact of increased automation and the implementation of smart technologies in Industry 4.0, a technology expert said on Friday (26/01).

Industry 4.0, or the Fourth Industrial Revolution, involves the use of advanced technologies, including cloud computing, cognitive computing and the Internet of Things (IoT), which will transform people’s personal and professional lives.

Many parts of the developing world currently do not possess adequate manufacturing capacity and rely on cheap labor to attract foreign investment.

However, the emergence of Industry 4.0 has led to many companies moving their manufacturing facilities from developing countries and bringing it back to their own countries. Developing Countries Industry 4.0

“What this is going to mean, is that many of these emerging nations, which are already struggling with manufacturing and relying heavily on outsourced works, are going to fall even further behind,” Krishnamurthy Ramanathan, a former director of the Asian and Pacific Center for Transfer of Technology (APCTT), said during a panel discussion in Jakarta.Developing Countries Industry 4.0

As countries with powerful manufacturing capabilities, such as China, become more powerful, developing countries must become more proactive to not be adversely affected by it, Ramanathan added.Developing Countries Industry 4.0

For countries such as Indonesia, the topic is extremely relevant, especially considering that experts have pointed out the archipelago’s unpreparedness to embrace the Fourth Industrial Revolution due to a shortage of skills to compete in the digital age.

Developing nations must therefore consider preparing for the disruptive changes that will likely accompany a full transition to Industry 4.0, to avoid an even worse disequilibrium than what is already becoming a greater challenge in a changing world.

Ramanathan said think-tanks can play an active role in bringing these emerging issues to light as part of an effort to better prepare countries to become useful partners to multinational, advanced companies currently operating across the globe.

The need to become more proactive is even bigger, he added, because many of these countries have responded to the issue in a reactive way.

“Think-tanks should emphasize that … to make policy makers in the region understand that it is important that they address these technological issues effectively,” Ramanathan said.

Plastic petrochemicals automotive industry 4.0 28-12-2018

-China – Polyethylene Terephthalate

PET and its begins the new year downhill.

PET Bottle grade export 990/1,020 $/ton – PET Bottle grade domestic market 7,750/7,850 yuan/ton – PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,600/7,850 yuan/ton

PTA Taiwan 810/825 $/ton – PTA domestic market 5,850/6,000 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,000/5,150 yuan/ton – PX Korea 9,00/920 $/ton

POY 150D/48F  domestic market 7,900/8,000  yuan/ton – DTY 150D/48F  domestic market 9,950/10,050  yuan/ton – PSF domestic market 8,850/8,950  yuan/ton

Plastic petrochemicals automotive industry 4.0

The company operates in the field of flexible and wearable organic electronics, also single-use, to develop devices to be integrated into clothes and fabrics while keeping intact its mechanical properties or new generation batteries.
In the next few years the development of new electronic products will be based more and more on eco-sustainable organic materials such as bioplastics: for this reason Bio-on, listed on the Aim on the Italian Stock Exchange and active in the high quality bioplastic sector, has established Eloxel, a company who owns with Kartell, both participate with 50%. Research in this field has already been carried out in the Bio-on laboratories for two years and during this year the first worldwide patents based on bioplastic, natural and 100% biodegradable in the field of new batteries and eco-compatible piezoelectric materials were deposited .
Plastic petrochemicals automotive industry 4.0

-Crude Oil Prices Trend

Plastic petrochemicals automotive industry 4.0

-Smart Manufacturing in 2019: Customer Satisfaction, Quality, Traceability and Warehouse Automation Top Trends

Manufacturers have long embraced the concept of continuous improvement and innovation.

In that spirit, what better way to kick off 2019 than by looking to see what the next year has in store for manufacturing? Smart Manufacturing Quality Automation

Over the past few years, it has been impossible to escape headlines about the Industrial Internet of Things (IIoT)/Industry 4.0.

New models for technology-enabled manufacturing have already moved into the implementation phase at many of the world’s top manufacturers.

Plastic petrochemicals automotive industry 4.0

-Developing Countries Must Better Prepare for Industry 4.0, Expert Says

Jakarta. Developing countries must step up efforts and implement better strategies to prepare for the impact of increased automation and the implementation of smart technologies in Industry 4.0, a technology expert said on Friday (26/01).

Industry 4.0, or the Fourth Industrial Revolution, involves the use of advanced technologies, including cloud computing, cognitive computing and the Internet of Things (IoT), which will transform people’s personal and professional lives.

Plastic petrochemicals automotive industry 4.0

-What Industry 4.0 Means For the Automotive Supply Chain Industry 4.0 Automotive Supply Chain

When it comes to the automotive industry, innovation isn’t anything new. A rich history of ideation – including Alfred P. Sloan Jr.’s commitment to new concepts such as automotive styling and Henry Ford’s introduction of the assembly line – defines an industry in which change occurs more often than not.Industry 4.0 Automotive Supply Chain

The latest in a long series of new developments is poised to be delivered by Industry 4.0, or the fourth industrial revolution.

Made popular in the manufacturing arena, Industry 4.0 is ready to reshape the automotive industry. From smaller equipment to a more dynamic supply chain, see what changes are on the horizon.

Plastic petrochemicals automotive industry 4.0

-Jharkhand CM inaugurates 1st unit of Arvind Smart Textile27

Jharkhand chief minister (CM) Raghubar Das has inaugurated the first unit of Rampur Arvind Smart Textile as part of Arvind’s expansion plans. The garment manufacturing unit set up in Ranchi with an annual capacity of 16 million, will create 7,500 job opportunities. Meanwhile, the company has also extended production to Gujarat and Andhra Pradesh.

The locals are being trained through various skill development programmes to be well-equipped for the upcoming employment opportunities, said Das.

Plastic petrochemicals automotive industry 4.0

-Impact of US-China trade dispute on oil is starting to fade

Following the deal struck between US President Donald Trump and his Chinese counterpart, Xi Jinping, at the G20 summit at the start of this month, China is reportedly close to resuming imports of US crude oil.

Before the two countries entered a trade dispute, China was the world’s major importer of US shale oil, and commentators suggest that the Xi-Trump deal was, in part, an attempt by China to avoid tariffs being imposed on commodities including crude oil imports.

Plastic petrochemicals automotive industry 4.0

-Russia Blames Fed Interest Hike For Low Oil Prices

It seems that the Federal Reserve can’t get a break. For months, President Trump has been increasingly criticizing the Fed’s policy of incrementally increasing interest rates, a near-unprecedented move for an American president.

After the most recent Fed move to hike interest rates by a quarter of a percentage point last week, Trump tweeted on Monday that the Fed was the “only problem our economy has.”

Plastic petrochemicals automotive industry 4.0

-Oil market volatility seen continuing into the New Year

Energy analysts believe oil market volatility will continue until the build-up in U.S. crude stockpiles reverses.

U.S. crude fell to an 18-month low on Monday, only to post its best one-day performance in more than two years on Wednesday.

The oil market is under the thrall of macroeconomic factors that are weighing on the stock market and raising questions about crude demand in 2019.

Plastic petrochemicals automotive industry 4.0

-OUTLOOK ’19: Chems may face more tariffs in US, China trade war

Chemical companies could facemore trade barriers and tariffs if the US andChina fail to reach some kind of agreement thataddresses their trade grievances.

In 2018, the USintroduced tariffs on a range of Chineseimports.

For each of the three rounds, China hasresponded in kind, targeting chemicals andagricultural products.

US farmers are especially dependent on China asa destination for their crops, and the tariffscould reduce their income.

Farmer income is among the biggest factors indetermining demand for agrochemicals andfertilizers. When farmer income declines, salesof these products often follow.

Plastic petrochemicals automotive industry 4.0

-Formosa expects US cracker start-up, PE commercial ops in H22019

Formosa intends to achieve “steady state commercial operations” at its twonew polyethylene (PE) plants in Point Comfort,Texas during the second half of 2019, theproducer said on Wednesday.

Its third olefins plant at Point Comfort isunder construction, and “gas feed” is expectedalso in the second half of 2019. The crackerwill have a capacity of 1.25m tonnes/year.

Forthe PE plants, one will have a capacity of400,000 tonnes/year of low density PE (LDPE).The other will be able to produce both highdensity PE (HDPE) and linear low density PE(LLDPE), with a combined capacity of 400,000tonnes/year.

Plastic petrochemicals automotive industry 4.0

-Brazil’s November biofuels output remains resilient on year

Brazilian production of sugarcane-based ethanol and biodiesel remained strong in November despite the end of the harvest season, according to data released Thursday by the National Petroleum Agency, or ANP.

Sugar mills produced 2.24 billion liters of ethanol in November, an increase of 2.1% from 2.19 billion liters in November 2017, reflecting 2018’s robust sugarcane crush, the ANP said. November’s ethanol production, however, was down 31.8% from 3.28 billion liters in October, the ANP said.

Plastic petrochemicals automotive industry 4.0

Celanese polyethylene prices Asia 

 

Celanese raises January PE prices in Asia  Celanese polyethylene prices Asia

Celanese polyethylene prices Asia 

MOSCOW  – American Celanese, a world leader in the production of products based on vinyl acetate and technical polymers, announced an increase in January prices for ultra-high molecular polyethylene (PE) brands for the Asian market, the press service of the company reported.Celanese polyethylene prices Asia

Thus, the price increase will come into force on January 1, 2019 and is consistent with the terms of current contracts.

Thus, PE prices of GUR and GHR grades for this region will grow by USD150 per ton.

Meanwhile, in its message, the company does not specify the reason for the price increase.

Earlier it was noted that Celanese also raises January prices for the same PE brands for the European market.  The increase will be EUR150 per ton.

According to ICIS-MRC’s Price Review , buying activity on the Russian market was low last week. Celanese polyethylene prices Asia

Some sellers reported that they had already sold all their December PE volumes.  Against this background, the decline in prices stopped with a few exceptions.  Some manufacturers began negotiations on the January polyethylene prices.

On the part of some of them, the prolongation of the December price level without VAT is discussed.  From January 1, 2019, the VAT rate increases from 18% to 20%.

Celanese Corporation is an international chemical company, a world leader in the production of acetate-based products, technical polymers, high-performance products and other chemical products.

Headquartered in Dallas (Texas, USA), Celanese has about 7 thousand employees worldwide.

The company’s sales in 2015 amounted to USD5.7 billion.

mrcplast.ru

Author:   Margarita Volkova

Indorama Ventures Custom Polymers PET

Indorama Ventures will acquire PET processing plant from Custom Polymers PET Indorama Ventures Custom Polymers PET
Indorama Ventures Custom Polymers PET
MOSCOW  – Thailand’s Indorama Ventures (IVL) has entered into an agreement to acquire a plant for the processing of polyethylene terephthalate (PET) from the US company Custom Polymers PET, the company said.

IVL said that the acquisition of production in Alabama will expand its ability to introduce integrated production. Indorama Ventures Custom Polymers PET

The complex consists of two production lines – one for the production of recycled PET (A-PET) flakes, and the other for the production of food A-PETT, with a total capacity of 31 thousand tons per year.Indorama Ventures Custom Polymers PET

No financial details or deadlines associated with the acquisition were disclosed.

Earlier it was reported that Indorama Ventures Company Ltd (IVL) on November 13 announced the completion of a deal to acquire a 74% stake in the Egyptian polyethylene terephthalate (PET) processor, Medco Plast for Packing and Packaging Systems SAE (Medco).

Indorama Ventures PLS is one of the world’s leading manufacturers of PET, TPA, MEG (in the USA), as well as polyester yarns and fibers.

mrcplast.ru
Author: Anna Larionova

Plastic petrochemicals PET biodegradable 27-12-2018

-China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 7,900/8,050 yuan/ton – PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,700/7,850 yuan/ton

PTA Taiwan 820/835 $/ton – PTA domestic market 6,100/6,200 yuan/ton – MEG $ 625/640 $/ton – MEG domestic market 5,150/5,250 yuan/ton – PX Korea 9,40/955 $/ton

POY 150D/48F  domestic market 8,400/8,550  yuan/ton – DTY 150D/48F  domestic market 10,250/10,350  yuan/ton – PSF domestic market 8,850/8,950  yuan/ton

Plastic petrochemicals PET biodegradable

-Celanese raises January PE prices in Asia 

American Celanese, a world leader in the production of products based on vinyl acetate and technical polymers, announced an increase in January prices for ultra-high molecular polyethylene (PE) brands for the Asian market, the press service of the company reported.

Thus, the price increase will come into force on January 1, 2019 and is consistent with the terms of current contracts.

Thus, PE prices of GUR and GHR grades for this region will grow by USD150 per ton.

Meanwhile, in its message, the company does not specify the reason for the price increase.

Earlier it was noted that Celanese also raises January prices for the same PE brands for the European market.  The increase will be EUR150 per ton.

Plastic petrochemicals PET biodegradable

-Crude Oil Prices Trend

Plastic petrochemicals PET biodegradable

-Indorama Ventures will acquire PET processing plant from Custom Polymers PET

Thailand’s Indorama Ventures (IVL) has entered into an agreement to acquire a plant for the processing of polyethylene terephthalate (PET) from the US company Custom Polymers PET, the company said.

IVL said that the acquisition of production in Alabama will expand its ability to introduce integrated production.

The complex consists of two production lines – one for the production of recycled PET (A-PET) flakes, and the other for the production of food A-PETT, with a total capacity of 31 thousand tons per year.

Plastic petrochemicals PET biodegradable

-Aramid Fiber Adopted For AQUOS Zero Smartphone

Teijin Limited announced today that Technora black, the company’s strong and flame-retardant para-aramid fiber, has been selected for use in the back panel of the newest AQUOS zero, SHARP’s flagship smartphone model, which was released on December 21.

The new AQUOS zero, which weigh just 146g, have a plastic back panel reinforced with Technora black and a frame made of magnesium alloy.

It will be the world’s lightest smartphone in a class of 6-inch screen and a battery capacity rated above 3,000mAh which supporting waterproof (over IPX5).

Plastic petrochemicals PET biodegradable

-SPGPrints to show textile printing solutions at ITMA 201925

SPGPrints, a leading company in the textile, label and industrial printing markets, is set to display the latest innovations in conventional and digital textile printing for the fashion and home-furnishing industry at ITMA 2019, from June 20-26, 2019, in Barcelona, Spain.

It is the world’s leading international textile and garment technology exhibition.

Plastic petrochemicals PET biodegradable

-Breakthrough polymer paves way for truly sustainable bioplastics

Scientists with Tel Aviv University have developed a new method for producing biodegradable polymers that don’t require fresh water or plants.

The technology paves the way for future biodegradable, sustainable plastics that don’t use up vital — and increasingly limited — resources while also addressing the most pervasive pollutants.

At the heart of the technology are microorganisms that feast on seaweed.

Plastic petrochemicals PET biodegradable

-Sustainable ‘Plastics’ Are On The Horizon

A new Tel Aviv University study describes a process to make bioplastic polymers that don’t require land or fresh water — resources that are scarce in much of the world. The polymer is derived from microorganisms that feed on seaweed. It is biodegradable, produces zero toxic waste and recycles into organic waste.

The invention was the fruit of a multidisciplinary collaboration between Dr. Alexander Golberg of TAU’s Porter School of Environmental and Earth Sciences and Prof. Michael Gozin of TAU’s School of Chemistry. Their research was recently published in the journal Bioresource Technology.

Plastic petrochemicals PET biodegradable

-Oil prices rebound as some traders say slide is overdone

Crude oil prices, caught up in the wider weakness of the financial markets, are staging a recovery today amid perceptions that the recent slide may have been overdone: WTI +6.1% to $45.11/bbl, Brent +4.8% to $52.91/bbl.

WTI crude plunged below $43/bbl on Monday for the first time since June 2017 and has slid more than 40% since early October.

“There is a little bit of over-extension to the downside linked to global market fears,” says Petromatrix analyst Olivier Jakob. “It’s all about equities.”

Plastic petrochemicals PET biodegradable

-FTC approves Texas PET plant joint venture: Indorama

The US Federal Trade Commission has approved a joint venture’s acquisition of an unfinished polyethylene terephthalate and purified terephthalic acid complex in Texas, Indorama Ventures said this week.

Register Now  That approval allows Thailand-based Indorama Ventures, the world’s largest PET producer, Mexico’s Alpek and Taiwan’s Far Eastern New Century to move ahead to finish construction, commissioning and startup of the Corpus Christi complex where work has been largely idle for more than a year. The three companies struck a deal in March to buy the complex for $1.125 billion in cash and capital contributions from bankrupt M&G Chemicals, the Luxembourg, Belgium-based subsidiary of Italy’s Mossi Ghisolfi that oversaw US subsidiaries.

Plastic petrochemicals PET biodegradable

-Falling Oil Prices May Spark New Debt Crisis

U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq energy analyst Tamar Essner told CNBC on Wednesday.

“Credit markets have held up a lot better than the energy equity markets right now, so that tells you that credit investors out there believe in the oil story much more so than energy equity investors do right now,” Essner said.

Plastic petrochemicals PET biodegradable

-Why did crude oil crash by almost 11% last week?

The past trading week was a nightmare for the global market of crude oil, with a major price crash.

In particular, Brent oil dropped in value all the way down to the lowest price since July 2017. This was a dive below 53 dollars per barrel.

Since then, international experts have been trying to figure out the reason for that.

Plastic petrochemicals PET biodegradable

-Monroe County enables sustainable plastic foam recycling       

Monroe County recently identified a sustainable solution for recycling plastic foam by purchasing a densifier, which makes disposing the common block packaging material more economical and environmentally friendly.

“For many years, Styrofoam posed a recycling challenge for our environmental services team, until we recently secured a new technology that will now allow us to accept and dispose of Styrofoam more efficiently and effectively,” said Cheryl Dinolfo, county executive. “This holiday season, we encourage residents to bring their clean, white, block Styrofoam directly to the Ecopark rather than placing it in the garbage or a curbside recycling bin. By recycling right, we can continue to keep our community beautiful, enhancing our ability to attract jobs and investment to Monroe County.”

Plastic petrochemicals PET biodegradable

-OUTLOOK ’19: Asia’s benzene to continue struggling with longsupply

A long supply scenario aptlydescribes the Asia benzene market in 2018, asituation unlikely to change in 2019.

With limited outletto the US and other destinations, most of thevolume produced has remained within Asia, andin 2019 ample supply is expected with newcapacity across Asia and the Middle East due tocome on stream.

However, a majority of new downstreamcapacities of key downstream styrene monomer(SM) are also planned to come onstream from2020 and beyond.

This lead and lag between benzene and SMstart-ups is expected to cause temporaryimbalances between demand-supply dynamics in2019.

Plastic petrochemicals PET biodegradable

Production automotive components polymer

Production of automotive components and polymer products will be opened in TASED Tatarstan Production automotive components polymer

Production automotive components polymer

MOSCOW – TASED Naberezhnye Chelny and Zelenodolsk will be replenished with new residents: investment projects of six companies were approved at a meeting of the commission reviewing applications for opening production in the territories of advanced socio-economic development of the Republic of Tatarstan, the press service of the regional administration.Production automotive components polymer

Thus, the company “Koenig Modul ru Chelny” in the TASED “Naberezhnye Chelny” plans to open the production of automotive components for trucks, the Russian Automobile Company will start mass production of all-terrain vehicles RUSAK.

Kazan Polymer Armature Plant intends to start production of polymer armature for heat, gas and water supply systems, Soft Fabric Container Factory announced a project to build a plant for the production of soft containers (big bags).Production automotive components polymer

These projects were approved for implementation in TESED Zelenodolsk “.

Also approved are two metalworking projects.

Earlier it was reported that in mid-November, the Ford Sollers plant in Naberezhnye Chelny suspended the production of cars in connection with the implementation of the annual plan. Production automotive components polymer

A company spokesman said that all the cars that were ordered were produced and shipped.  When the issue of production resumes in Naberezhnye Chelny is unknown.

mrcplast.ru

Author:   Anna Larionova

Sinopec benzene prices China

Sinopec lowered December benzene prices in China to CNY300 per ton  Sinopec benzene prices China

Sinopec benzene prices China

MOSCOW – China China Petroleum & Chemical Corp.  (Sinopec), Asia’s largest oil refining company, on December 24 reduced the selling prices of benzene in China by 300 yuan (CNY) or USD43.4 per ton, a company source told ICIS .

This is the fourth time this month, when Sinopec lowers material prices.

Thus, the selling prices of the company’s benzene for December deliveries of material to the eastern, southern, central and northern regions of China now amount to CNY4 650 (USD673) per ton, ex-works (ex-works).Sinopec benzene prices China

The selling price of the company’s benzene at CNY4 650 per ton, ex-works, corresponds to the cost of imported material at USD571 per ton, CFR China, with immediate payment on a letter of credit, or USD578 per ton, CFR China, with a delay on payment on a letter of credit of 90 days Sinopec benzene prices China

Benzene prices in East China fell this week amid the prevailing pessimistic market sentiment.

Benzene is a raw material for the production of styrene, which, in turn, is the main raw material component for the production of polystyrene (PS).

According to the ICIS-MRC Price Review , in the Russian market, Nizhnekamskneftekhim in the middle of the month did not traditionally change PS selling prices.  Market players expect to agree on prices for the next month.  An increase in the cost of the Nizhnekamsk material is expected in January, at least by 2 thousand rubles.  per ton due to the increase in the VAT rate up to 20%.  The rest of the Russian polystyrene producers last week also left prices unchanged.

China Petroleum and Chemical Corporation (Sinopec) is one of the world’s largest integrated energy and chemical companies.  Business Sinopec Corp.  includes oil and gas exploration, extraction and transportation of oil and gas, oil refining, petrochemical production, the production of mineral fertilizers and other chemical products.  In terms of refining capacity, Sinopec Corp.  ranks second in the world, in terms of ethylene capacity – fourth. Sinopec benzene prices China

mrcplast.ru

Author:   Margarita Volkova

Plastic petrochemicals PET bioplastic 26-12-2018

-China – Polyethylene Terephthalate

PET and its chain continue to decrease.

PET Bottle grade export 1,000/1,045 $/ton – PET Bottle grade domestic market 7,900/8,050 yuan/ton – PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,650/7,750 yuan/ton

PTA Taiwan 825/840 $/ton – PTA domestic market 6,100/6,200 yuan/ton – MEG $ 615/625 $/ton – MEG domestic market 5,150/5,250 yuan/ton – PX Korea 9,65/980 $/ton

POY 150D/48F  domestic market 8,300/8,400  yuan/ton – DTY 150D/48F  domestic market 10,250/10,350  yuan/ton – PSF domestic market 8,850/8,950  yuan/ton

Plastic petrochemicals PET bioplastic

-Crude Oil Prices Trend

Plastic petrochemicals PET bioplastic

-China – Polyethylene Terephthalate

PET and its chain yesterday decreased.

PET Bottle grade export 1,010/1,055 $/ton – PET Bottle grade domestic market 8,050/8,150 yuan/ton – PET Filament grade SD domestic market 7,775/7,850 yuan/ton – PET Filament grade BR domestic market 7,800/7,900 yuan/ton

PTA Taiwan 825/840 $/ton – PTA domestic market 6,150/6,250 yuan/ton – MEG $ 620/635 $/ton – MEG domestic market 5,200/5,350 yuan/ton – PX Korea 9,75/990 $/ton

POY 150D/48F  domestic market 8,450/8,600  yuan/ton – DTY 150D/48F  domestic market 10,350/10,450  yuan/ton – PSF domestic market 8,950/9,100  yuan/ton

Plastic petrochemicals PET bioplastic

-Production of automotive components and polymer products will be opened in TASED Tatarstan 

TASED Naberezhnye Chelny and Zelenodolsk will be replenished with new residents: investment projects of six companies were approved at a meeting of the commission reviewing applications for opening production in the territories of advanced socio-economic development of the Republic of Tatarstan, the press service of the regional administration.

Thus, the company “Koenig Modul ru Chelny” in the TASED “Naberezhnye Chelny” plans to open the production of automotive components for trucks, the Russian Automobile Company will start mass production of all-terrain vehicles RUSAK.

Plastic petrochemicals PET bioplastic

-Sinopec lowered December benzene prices in China to CNY300 per ton 

China China Petroleum & Chemical Corp.  (Sinopec), Asia’s largest oil refining company, on December 24 reduced the selling prices of benzene in China by 300 yuan (CNY) or USD43.4 per ton, a company source told ICIS .

This is the fourth time this month, when Sinopec lowers material prices. Thus, the selling prices of the company’s benzene for December deliveries of material to the eastern, southern, central and northern regions of China now amount to CNY4 650 (USD673) per ton, ex-works (ex-works).

Plastic petrochemicals PET bioplastic

-PET Preforms Market is recurring & impressive growth generating sector till Forecast 2026

CMI published a business research report on “PET Preforms : Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026”.

PET Preforms with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.

The information is gathered based on modern floats and requests identified with the administrations and items.

Plastic petrochemicals PET bioplastic

-Sustainable ‘Plastics’ on the Horizon

A new study carried out at Tel Aviv University describes a process to make bioplastic polymers that don’t require land or fresh water — resources that are scarce in much of the world.

The polymer is derived from microorganisms that feed on seaweed. It is biodegradable, produces zero toxic waste and recycles into organic waste.

The invention was the result of a multidisciplinary collaboration between Dr. Alexander Golberg of TAU’s Porter School of Environmental and Earth Sciences and Prof. Michael Gozin of TAU’s School of Chemistry.

Plastic petrochemicals PET bioplastic

-Sustainable Bioplastic Doesn’t Need Water or Land For Production

A new research paper from Tel Aviv University details the process to make bioplastic polymers that don’t require land or fresh water. The polymer is created from microorganisms that feed on seaweed.

The result is biodegradable, produces zero toxic waste and recycles into organic waste. Plastics account for up to 90 percent of all the pollutants in our oceans and their fabrication is a highly toxic and polluting process.

Plastic petrochemicals PET bioplastic

-Saudi Arabia Becomes China’s Largest Oil Supplier in November

Saudi Arabia overtook Russia as China’s largest crude oil supplier in November, breaking Russia’s 19-month streak, data from China’s General Administration of Customs showed on Monday.

Last month, Saudi Arabia supplied 6.56 million tons, or 1.596 million barrels per day (bpd) of oil, up 50 percent from a year earlier, according to the data.

Russia came in second place at 6.55 million tons, or 1.593 million bpd, of crude in November, up 30 percent from a year earlier.

Plastic petrochemicals PET bioplastic

-OUTLOOK ’19: Europe olefins pragmatic for 2019 as turnarounds, world events dictate caution

Europe’s ethylene and propylene market players are contemplating potential 2019 challenges with a pragmatic view after high expectations for 2018 were truncated by external, unpredictable factors.

Key for 2019 will be cracker maintenance for several producers, and the way the market deals with them.

Another factor to look out for will be the trade war between the US and China, as its implications are likely to affect not only those two countries but the rest of the world.

The market’s optimism for 2018 came on the back of the prevailing factors during 2016 and 2017, with players expecting that low crude oil prices, healthy demand, improved product margins and increased flexibility in cracker operations would put olefins in a good enough position to weather the challenges.

Plastic petrochemicals PET bioplastic

-New sustainable ‘plastics’ in the offing

Researchers have developed a new sustainable biopolymer technology to make bioplastic polymers which may one day free the world of its worst pollutant, finds a new study.

The process to make the bioplastic polymers does not require land or fresh water — which are scarce in most parts of the world — and is friendly both to the environment and residents.

The study showed that the new process produces the bioplastic polymer known as polyhydroxyalkanoate (PHA) from marine microorganisms that feed on seaweed and recycle into organic waste.

Plastic petrochemicals PET bioplastic

-Sea-weed eating microbes used to develop sustainable plastic

JERUSALEM: Scientists have developed biodegradable plastics derived from microorganisms that feed on seaweed which produces zero toxic waste and can be recycled into organic waste.

According to the United Nations, plastic accounts for up to 90 per cent of all the pollutants in our oceans, yet there are few comparable, environmentally friendly alternatives to the material.

Plastic petrochemicals PET bioplastic

-‘Recalibrate 2019 Budget only if oil price hits US$30’

The government still has room to breathe and will only recalibrate the 2019 Budget if Brent crude oil prices dip below US$ 30 per barrel, suggests Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

“If we look back to 2016, Brent crude was at US$ 28 per barrel on Jan 20, 2016 when the 2016 Budget was recalibrated during the same month.

Plastic petrochemicals PET bioplastic

-Retal’s new high grip closure reduces plastic use for beverages

Retal showcased its new high grip closure design at BrauBeviale 2018, which enabled customers and potential partners to discover more options for plastic reduction in their beverage packaging.

Retal’s high grip closure is the same height as a standard closure, at 19.85mm, but is more lightweight at 2.45g, saving around 1.3g of weight per bottle. This is due to the way the closures are manufactured, with the deeper grooves distributing the weight further across a taller surface area.

Plastic petrochemicals PET bioplastic

Plastic petrochemicals Graphene rPET 24-12-2018

-Crude Oil Prices Trend

Plastic petrochemicals Graphene rPET

Polymers PET Polypropylene Petrochemicals Prices

Plastic petrochemicals Graphene rPET

-Crude refusal: China shuns U.S. oil despite trade war truce

China, the world’s top oil importer, is set to start 2019 buying little or no crude from the United States despite a three-month truce in a trade scrap between the two nations, with relatively high freight costs and political uncertainty choking demand.

That muted appetite means the United States, which became the world’s top oil producer this year as its shale output hit record levels, will continue to hold only a sliver of China’s market even as a wave of new refining capacity starts up there.

Plastic petrochemicals Graphene rPET

-Oil prices are getting scary: Former Shell Oil president

We have too much oil right now: Former Shell Oil President

Former Shell Oil President John Hofmeister on the decline in oil prices.

The collapse in oil prices, now hovering around $45 per barrel in the U.S., is terrifying, according to former Shell Oil President John Hofmeister.

“It’s getting to a scary point,” he said during an interview on FOX Business’ Varney & Co Opens a New Window. . “If we get below $40 we’ll see rapid stopping of drilling because the companies simply can’t afford it.”

The drop in oil is also a warning sign for the global economy.

Viable prices, according to Hofmeister, range from $50 to $60 a barrel.

Crude Opens a New Window.  prices sunk to a 17-month low on Friday, down about 24 percent this year, as global oversupply kept buyers away from the market ahead of the holiday break. However, in Hofmeister’s opinion, crude is at its lowest point.

“I hope for the sake of both consumers and the industry that we are at the bottom,” he said.

Plastic petrochemicals Graphene rPET

-UBS: Expect $80 Brent Next Year

Unlike some investment banks that were quick to revise down their forecast for crude oil benchmarks next year, Swiss UBS is rather bullish: its head of asset allocation for APAC, Adrian Zuercher, says Brent crude could rebound to US$70 and even US$80 a barrel over the next 12 months.

Speaking to CNBC, Zuercher noted that while supply of crude oil was still abundant, this could soon change as the OPEC+ production cuts enter into effect.

While the recent oil price drop suggests many don’t believe these cuts will be as effective as the first ones in 2017, Zuercher noted a report by the Wall Street Journal that Saudi Arabia plans to cut more than initially expected, and the fact that Venezuela’s production would likely continue downwards as would Iran’s under the weight of U.S. sanctions.

Plastic petrochemicals Graphene rPET

-Major coffee retailers join cup recycling revolution

Four of the UK’s largest coffee retailers – Caffè Nero, Greggs, McDonald’s UK and Pret A Manger – have today confirmed they have joined a nationwide cup recycling scheme that funds the collection of takeaway cups for recycling.

Launched this year by Costa Coffee, the Valpak Scheme is a market-led solution whereby coffee retailers pay a supplement of £70 to the waste collectors for every tonne of cups collected.

This takes the value of one tonne of cups from being worth on average £50 to £120, a 140% increase, making it commercially and financially attractive for waste collectors to put in place the infrastructure and processes to collect, sort and transport coffee cups to recycling plants, meaning fewer cups will end up in landfill.

Plastic petrochemicals Graphene rPET

-Crude Oil Price Forecast – crude oil continues to look soft

Crude oil markets fell during the day on Friday again, as traders continue to shun the black gold. At this point, we are testing the next support level, as it looks like we are going to continue to struggle to pick this market up.

WTI Crude Oil

The WTI Crude Oil market continues to drift lower towards the $45 level, an area that of course will cause a bit of support and if you have been watching us here at FX Empire, you know that I have recently said that a break below the $50 level should signal another five dollar loss, as we had been consolidating between $50 and $55 above.

If we can break down below the $45 level, then I think we could go looking towards the $40 level. In the short term, I think that rallies are going to be sold at the first signs of exhaustion.

Plastic petrochemicals Graphene rPET

-US Shale Oil Producers Reduce 2019 Investment Plans Amid Low Prices

Falling oil prices are starting to affect US shale producers, as many companies are cutting back on their investment plans, eyeing lower operational profitability amid a weaker market next year.

US shale drillers appear to be facing the same old problem: declining oil prices. Several top producers of shale oil said they have downgraded their spending plans for the next year as US oil (WTI) recently plunged below $50/bbl after the worst quarter in roughly four years.

Shale producers, most notably, working in North Dakota’s Bakken oilfield and Texas’ Permian Basin, said the recent 40-percent decline in oil prices and the mounting concerns of oversupply have prompted them to review next year’s budgets.

Plastic petrochemicals Graphene rPET

-U.S. shale producers hit the brakes on 2019 spending

Production has been expected to rise 11 percent more in 2019 as large oil firms and independents added wells this year.

U.S. shale producers hit the brakes on 2019 spending New Delhi: U.S. shale producers are slamming the brakes on next year’s drilling with crude prices off 40 percent and mounting fears of oversupply, paring budgets that in some cases were set only weeks earlier.

The reversal is alarming because blistering growth in shale fields has propelled U.S. crude output 16 percent to about 10.9 million barrels per day for 2018, above Saudi Arabia and Russia. Production has been expected to rise 11 percent more in 2019 as large oil firms and independents added wells this year.

Plastic petrochemicals Graphene rPET

-BP, Azerbaijan’s SOCAR mull 1.25m tonne/year PTA joint venture in Turkey

BP and Azerbaijan’s crude oil major SOCAR’s subsidiary in Turkey are mulling the creation of a joint venture for purified terephthalic acid (PTA) with a 1.25m tonnes/year production capacity, the UK’s oil and petrochemicals major said on Thursday.

The proposed facility would be based in Aliaga in west Turkey, next to SOCAR’s STAR refinery, and would come onstream in 2023.

A final investment decision (FID) is expected in 2019.

Apart from 1.25m tonnes/year of PTA, the joint venture would also produce 840,000 tonnes/year of paraxylene (PX) and 340,000 tonnes/year of benzene, BP said.

Turkey’s petrochemicals major Petkim, of which SOCAR Turkey is the majority shareholder with a 51% stake, also operates a complex in the area.

Plastic petrochemicals Graphene rPET

-VN’s BOPP films subject to anti-dumping tax for five more years

KADI decided to continue the 3.9 per cent anti-dumping tax for an additional five-year period on Việt Nam’s BOPP film product. — Photo thoibaotaichinhvietnam.vn

Komite Anti-Dumping Indonesia (KADI) under Indonesia’s Ministry of Trade officially decided to continue applying the anti-dumping tax of 3.9 per cent on the products from Việt Nam for an additional five-year period.

According to the KADI’s conclusion on the sunset review of the anti-dumping taxes levied on Biaxially Oriented Polypropylene (BOPP) film imported from Việt Nam and Thailand, the tax rate applied for Thailand’s products is 28.4 per cent.

Plastic petrochemicals Graphene rPET

-OUTLOOK ’19: Asia naphtha to draw support from stable petchem demand

Asia’s naphtha market is envisaged to draw support from healthy regional demand for petrochemical production, which might outpace supply despite expectations of ample western arbitrage cargo flows.

A ship being loaded at a port in Tokyo. (Photo by Franck Robichon/EPA/REX/Shutterstock)

Spot naphtha prices have been on a rollercoaster, fluctuating heavily in the fourth quarter of the year due to volatility in upstream global crude oil futures markets.

Naphtha prices in Asia have plummeted to historical lows of below $500/tonne CFR (cost and freight) Japan, in part dragged down by substantial falls in crude oil futures combined with a supply overhang situation.

But consistent end-user demand for downstream petrochemical production has helped to soak up regional supply, alleviating some of the bearish sentiment.

Plastic petrochemicals Graphene rPET

-Budget: Experts disagree with FG on $60 oil price benchmark

Finance experts and the Federal Government have expressed divergent views on the oil price benchmark of $60 per barrel proposed for the 2019 budget.

The 2019 budget, presented to the National Assembly on Wednesday, is based on oil production of 2.3 million barrels per day, with an oil benchmark price of $60 per barrel and exchange rate of N305 to a dollar.

Other key economic parameters underlining the budget are a plan to bring down inflation to 9.98 per cent; nominal consumption of N119.28tn; nominal Gross Domestic Product of N139.65tn and a GDP growth rate of 3.01 per cent.

Plastic petrochemicals Graphene rPET

-Saudi Aramco’s Motiva to invest $6.6 billion in Port Arthur expansion

The investment will increase the refinery’s output yield and generate around 4,300 construction jobs

Motiva Enterprises LLC, a subsidiary of Saudi Arabia’s state-owned oil company Saudi Aramco, has recently announced plans to invest around $6.6 billion in its Port Arthur refinery, to enhance its petrochemical business.

Saudi Aramco’s Motiva to invest $6.6 billion in Port Arthur expansion

Sources close to the matter state that the company plans to buy a new $4.7 billion worth steam cracker to produce ethylene, used to produce polyethylene, and other petrochemicals. Moreover, Motiva considers building a $1.9 billion complex that would produce paraxylene and benzene, cite sources.

Reportedly, the two projects would be complete by 2022, based on the firm’s decision to move forward with the investments and procure required permits. The project is expected to create thousands of new construction jobs and boost the nation’s largest oil refinery in the petrochemical sector.

Plastic petrochemicals Graphene rPET

-Total Composite Solutions (TCS) Forms Partnership with Brabham Automotive

Advanced composites solutions provider, TCS, and Brabham Automotive are pleased to announce a strategic partnership in advanced material and process development for current and future vehicle builds.

Building on a remarkable 70-year racing pedigree, Sir Jack Brabham’s son David Brabham announced Brabham’s return to manufacturing in May of this year with the global launch of Brabham Automotive’s first product, the stunning BT62.

Crafted from lightweight carbon fibre and weighing only 972kg, the BT62’s exterior surface and aggressive aerodynamic package combine to strike the optimal balance between function and form. TCS will utilise its current market leading material technology and processing, including prepregs, advanced resins and adhesive systems, whilst further developing bespoke lighter, stiffer structural and cosmetic material solutions. The partnership will give Brabham clients much greater design choice and optimum technology, whilst holding firm to the ‘true drivers car’ DNA.

Plastic petrochemicals Graphene rPET

-Indorama acquires German PET business from Invista

Indorama Ventures Public Company Limited (IVL; Bangkok, Thailand; www.indoramaventures.com) announced that it has entered into an agreement with Invista (Wichita, Kan.; www.invista.com) to acquire INVISTA Resins & Fibers GmbH, which owns a high value-added polyethylene terephthalate (PET) manufacturing facility located in Gersthofen, Germany. The Gersthofen site has a combined capacity of 282,000 metric tons per year (m.t./yr), and employs approximately 140 employees.

The transaction is expected to be completed in the 1st quarter 2019, subject to regulatory approvals.

Plastic petrochemicals Graphene rPET

-Output cuts seen helping oil prices recover in 2019

Crude expected to trade in $60-$70 per barrel range towards second half of the year

Abu Dhabi: Analysts expect oil prices to recover next year due to an output cut agreement between the Organisation of Petroleum Exporting Countries (Opec) and non-Opec members and declining production from Venezuela and Iran.

Oil demand is also forecast to be higher in 2019, something expected to support oil prices.

“There is pervasive market worry that the planned cuts by Opec+ [the alliance between Opec and non-Opec oil producers] will not suffice, amid economic growth concerns, to offset the relentless increase in US shale supply and stabilise the market,” said Giovanni Staunovo, commodity analyst at UBS Wealth Management in a statement.

Plastic petrochemicals Graphene rPET

Polymers PET Polypropylene Petrochemicals Prices

Polymers PET Polypropylene Petrochemicals Prices

PET Resin Pellets

 

         Polyestertime

ITEM17/12/201824/12/2018+/-
Bottle grade PET chips domestic market8,350 yuan/ton8,150 yuan/ton-200
Bottle grade PET chips export market1,090 $/ton1,060 $/ton-30
Filament grade Semidull chips domestic market8,175 yuan/ton8,000 yuan/ton-175
Filament grade Bright chips domestic market8,225 yuan/ton8,025 yuan/ton-200
Pure Terephthalic Acid PTA domestic market6,665 yuan/ton6,335 yuan/ton-330
Pure Terephthalic Acid PTA export market865 $/ton845 $/ton-20
Monoethyleneglycol MEG domestic market5,815 yuan/ton5,485 yuan/ton-330
Monoethyleneglycol MEG export market683 $/ton655 $/ton-28
Paraxylene PX FOB  Taiwan market1,059 $/ton1,005 $/ton-54
Paraxylene PX FOB  Korea market1,039 $/ton985 $/ton-54
Paraxylene PX FOB EU market955 $/ton909 $/ton-46
Polyester filament POY 150D/48F domestic market 8,725 yuan/ton 8,525 yuan/ton-200
Recycled Polyester filament POY  domestic market 8,450 yuan/ton 8,450 yuan/ton
Polyester filament DTY 150D/48 F domestic market 10,500 yuan/ton 10,400 yuan/ton-100
Polyester filament FDY 68D24F domestic market  9,950 yuan/ton 9,900 yuan/ton-50
Polyester filament FDY 150D/96F domestic market 9,375 yuan/ton 9,300 yuan/ton-75
Polyester staple fiber 1.4D 38mm domestic market 9,030 yuan/ton 9,070 yuan/ton+40
Caprolactam CPL domestic market13,250 yuan/ton12,550 yuan/ton-700
Caprolactam CPL overseas  market1,680 $/ton1,650 $/ton-30
Nylon6 chips overseas  market2,120 $/ton2,120 $/ton
Nylon6 chips conventional spinning domestic  market 14,700 yuan/ton 14,400 yuan/ton-300
Nylon6 chips  high speed spinning domestic  market 15,600 yuan/ton 15,000 yuan/ton-600
Nylon 6.6 chips domestic  market34,700 yuan/ton33,800 yuan/ton-900
Nylon6 Filament POY 86D/24F domestic  market 18,200 yuan/ton 17,800 yuan/ton-400
Nylon6 Filament DTY 70D/24F domestic  market 21,500 yuan/ton 21,000 yuan/ton-500
Nylon6 Filament FDY  70D/24F  domestic  market 19,300 yuan/ton 18,800 yuan/ton-500
Spandex 20D  domestic  market39,500  yuan/ton39,500  yuan/ton
Spandex 30D  domestic  market38,500  yuan/ton38,500  yuan/ton
Spandex 40D  domestic  market33,500  yuan/ton33,500  yuan/ton
Adipic Acid domestic market8,000 yuan/ton7,900 yuan/ton-100
Benzene domestic market5,275 yuan/ton4,550 yuan/ton-725
Benzene overseas  market599 $/ton544 $/ton-55
Ethylene South East market750 $/ton830 $/ton+80
Ethylene NWE  market843 $/ton862 $/ton+19
Acrylonitrile ACN  domestic market11,800 yuan/ton11,800 yuan/ton
Acrylonitrile ACN  overseas market1,600 $/ton1,600 $/ton
Acrylic staple fiber ASF  domestic market16,000 yuan/ton16,000 yuan/ton
Viscose Staple Fiber VSF  domestic market13,900 yuan/ton13,770 yuan/ton-130
PP Powder domestic market9,150 yuan/ton9,000 yuan/ton-150
Naphtha overseas market          493 $/ton467 $/ton-26

Phenol domestic market

8,475 yuan/ton

8,500 yuan/ton

+25

PS Taiwan 5250 GPPS

1,285 $/ton

1,290 $/ton

 +5
PS Taiwan 8250 HIPS

1,385 $/ton 

1,395 $/ton

+10

LDPE CFR Far East 1,032 $/ton1,032 $/ton
LLDPE CFR Far East1022 $/ton1022 $/ton
LDPE   F