Polyestertime

Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

Recycling plant for bottle-to-bottle   Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

Ferrarelle is a Italian company bottling mineral waters. It is one of the first companies in Europe involved in the beverage sector, that have decided to close the loop in PET bottles treatment by internally handling the whole process.
Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

With Amut washing technology, Ferrarelle will produce up to 3.000 kg/h of flakes recycled from post-consumer PET bottles and will use flakes suitable for food application thanks to a re-gradation process.Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

The high quality and purity r-PET flakes will be processed directly to produce preforms and final bottles. After the bottling process, the new generated bottles finally reach the supermarket shelves.Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

“Under full production process, we expect to exceed our annually preform in-house requirement – actually around 700 million/year.

The flakes we produced with Amut plant are of high quality level and why not find new sources of revenue, selling recycled PET to third parties, in a virtuous circle for everyone?” – comments Pietro Bortone, Plant Manager Presenzano Plant of Ferrarelle.

Once bottles bales are opened and sent to the constant feeder, a detector performs an initial positive selection to separate bottles from contaminants before the washing phase. The solution for the upfront part of the line allows the treatment of PET bottles bales not properly sorted, with large quantity of pollutants.

The bottles are conveyed to the Delabeller-PreWasher, a patented machine working in dry process for both labels removal and first cleaning action. The dry process reduces the energy consumption.Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

Two NIR detectors for colour/metal separation take care of final sorting and purify the stream from any non-PET material.Recycling plant bottle-to-bottle Ferrarelle bottling mineral waters

The flakes will be washed with Amut patented technology: Turbo Washer and Friction Washer carry out a strong cleaning action to remove all fine pollutants and glue.

Despite robust trading activity PE prices steady

Weekly resin report: Despite robust trading activity, PE prices remain steady overall   Despite robust trading activity PE prices steady 

Source :  PlasticsToday Staff

Despite robust trading activity PE prices steady The resin markets continued to transact at a swift pace, reports the PlasticsExchange (Chicago) in its weekly Market Update. While prime prices were mostly steady, off-grade values were pressured last week.

Once again, both buyers and sellers were serious about dealing, with very little window shopping going on.Despite robust trading activity PE prices steady

Transactions were heavily weighted toward polyethylene (PE) over polypropylene (PP); even good volumes of PET, which has been short, changed hands across the PlasticsExchange trading desk.Despite robust trading activity PE prices steady

Follwing an uneventful start to July, the high turnover over the past two weeks has already generated results that surpass our full month expectations, writes the PlasticsExchange in its update. While the$0.03/lb PE increase is still floating around, July contracts probably will hold steady. Despite robust trading activity PE prices steady

PP contracts should also see very little change. The export market has been heating up, with strong interest seen from Europe and Latin America.

Substantial volumes are heading off shore, despite uncertainty surrounding PE tariffs and a drop off in demand from China. (As noted in last week’s resin report, should retaliatory tariffs take hold, material that would normally be exported to China would suddenly become 25% more expensive, thus crushing demand.)

Spot PE trading was very active this past week: Completed volumes were high though prices were mostly steady.Despite robust trading activity PE prices steady

The PlasticsExchange benchmark HDPE blowmolding resin was the single prime PE grade that garnered a penny uptick. Low-density (LD) and linear-low-density (LLD) PE film grades were big movers, as well.Despite robust trading activity PE prices steady

High-density PE for injection is still well supplied, while LDPE and LLDPE resin for injection are fairly scarce and command a nice premium.

Like many manufacturers, your shop floor operations may be challenged with inefficient processes, unpredictable downtime, and difficulties with machinery maintenance.

A manufacturing execution system (MES) can help make the most of your shop floor’s capabilities, with tools that can identify under-performing and high-performance machines, and then optimize asset utilization accordingly.Despite robust trading activity PE prices steady

Producers have sometimes been vocal in their attempt to finally implement their old $0.03/lb price increase, but plentiful downgraded prime offers suggest otherwise. There is good overall PE availability, and while export shipments have been growing into record territory, and the pace has been accelerating, new capacity has generally exceeded demand. Consequently, upstream inventories are seemingly burdensome, especially with the threat of tariffs looming.Despite robust trading activity PE prices steady

The pace of PP trading dropped from the previous week’s fervent pace, but transacted volumes were still a bit above average. Supplies have improved, and while some grades like high-flow CoPP and random clarifiedDespite robust trading activity PE prices steady

are still fairly difficult to source, the material can be found using a bit of elbow grease.

The PlasticsExchange reports that its trading floor saw a steady flow of offers. While off-grade has been yielding a larger discount to prime, generic prime PP indices held their levels. Buyers have been acclimated to these heightened prices and it has again become business as usual.

Producers have throttled back production a bit to keep the supply/demand balance from tilting negative.Despite robust trading activity PE prices steady

With PGP monomer contracts poised to roll (nearly) flat, PlasticsExchange analysts expect to see PP contracts hold around steady this month.

We are getting deeper into summer and will soon be in the heart of the Gulf hurricane season.Despite robust trading activity PE prices steady

It’s an opportune time to recall the massive hurricane-related disruptions and subsequent supply constraints of 2017. As time ticks ahead, the PlasticsExchange suggests keeping an ample inventory of resin on hand as a sensible buffer.

Read the full Market Update on the PlasticsExchange website.

Anellotech plant 100% bio-based plastic bottles

Anellotech plant bring 100 per cent bio-based plastic bottles closer to reality   Anellotech plant 100% bio-based plastic bottles 

by Grace Nolan

bio-based plastic bottles Featured Environment

Polyethylene Furanoate Market Bio-Based Polymer Products

Polyethylene Furanoate Market To Witness High Growth Due To Rising Requirement For Bio-Based Polymer Products Till 2022: Grand View Research, Inc.   Polyethylene Furanoate Market Bio-Based Polymer Products  

Source :  Polyethylene Furanoate Market Bio-Based Polymer Products

“Grand View Research, Inc. – Market Research And Consulting.”
According to report published by Grand View Research, the global polyethylene furanoate (PEF) market demand is projected to reach 16,640.0 tons by 2022.Growing adoption of light-weight polymers in manufacturing of automobiles can influence growth of market.

According to a report by Grand View Research, Inc., global polyethylene furanoate (PEF) market is anticipated to reach 16,640.0 tons by 2022. Growing requirement for bio-based polymer products is anticipate to propel demand for polyethylene furanoate. PEF is likely to be 100% recyclable bio-based polymer extracted from plants. It can offer superior thermal, mechanical, and barrier properties. In addition, it can offer better tensile strength and require lesser additives as compared to polyethylene terephthalate (PET).

Being completely natural and biodegradable, PEF is likely to address environmental concern in the forthcoming years. It is expected to contain 70% biologically derived furandicarboxylic acid (FDCA) and 30% bio-based monoethylene glycol (MEG). This combination makes PEF completely biodegradable and less hazardous to environment as comparted to petroleum based PET.Polyethylene Furanoate Market Bio-Based Polymer Products 

Polyethylene Furanoate Market Bio-Based Polymer Products

Growing adoption of light-weight polymers in manufacturing of automobiles can influence growth of market.Polyethylene Furanoate Market Bio-Based Polymer Products 

High demand for bio-based packaging material attributed to rising environment concerns can augment market growth. Favorable initiatives and continuous R&D activities from manufacturing companies to develop and commercialize PEF-based bottles can stimulate growth of market during the forecast period (2016 to 2022).

To cater to rising demand for recyclable PEF bottles, most manufacturing companies are getting involved in strategic actions to develop better products. For instance, a joint venture between BASF and Avantium named Synvina, recently received approval from European PET bottle platform (EPBP) for recyclability of PEF.

This recyclability of PEF is likely to make it superior over other barrier materials. In addition, its high mechanical strength can allow manufacturers to make thinner packaging from it.Polyethylene Furanoate Market Bio-Based Polymer Products 

It can be used as main component or as barrier layer in products such as trays, bottles for carbonated and non-carbonated drinks, and cups. The company is presently working with other brand owners and recyclers to develop recycling stream for PEF based bottles to separate PEF from conventional plastics.Polyethylene Furanoate Market Bio-Based Polymer Products 

The polyethylene furanoate market can be segregated on the basis of application and region. Based on application, the market can be categorized into films, bottles, and fibers. Fibers segment is likely to dominate the market and account for largest market share during the forecast period.Polyethylene Furanoate Market Bio-Based Polymer Products 

PEF fibers can be recycled from PEF based bottles and can be processed further into 100% bio based t-shirts. In addition, these fibers can also be used in packaging of various products such as cement, fertilizers, and pesticides. Moreover, they can also be employed in clothing, carpets, and sports apparel.Polyethylene Furanoate Market Bio-Based Polymer Products 

 

Polyethylene Furanoate Market Bio-Based Polymer Products

Similarly, bottles segment can also contribute well for PEF market attributed to increasing use of PEF in recycled PET bottles.Polyethylene Furanoate Market Bio-Based Polymer Products 

These bottles can be used for packaging of various beverages such as fruit juices, water, soft drinks, and alcoholic beverages. It can offer high resistance to carbon dioxide and oxygen to prevent food products from getting oxidized. Rising demand for PEF in recycled plastic bottles can increase significantly during the forecast period.

Regional segmentation includes Asia Pacific, Europe, North America, and rest of the world (ROW). In 2016, Asia Pacific dominated the market and accounted for largest market share. High demand for bio-degradable, cost-effective, and durable packaging material is likely to fuel growth of market. In addition, growth of carbonated soft drink market can also fuel market growth.Polyethylene Furanoate Market Bio-Based Polymer Products 

In Europe, the market is likely to grow well at CAGR of 7% in terms of volume during the forecast period.Polyethylene Furanoate Market Bio-Based Polymer Products 

Growing need for sustainable packaging coupled with presence of stringent regulations can influence growth of market in the region.

Some of the leading companies offering polyethylene furanoate are Avantium Technologies B.V., The Coca-Cola Company, Toyobo Co., Ltd., ALPLA, and Danone SA. The PEF market is expected to be at nascent stage of development and can grow at significant pace during the forecast period.Polyethylene Furanoate Market Bio-Based Polymer Products 

To avail the potential offered by this market, companies are expected to get involved in R&D activities to develop advanced production technologies and expand their commercialization. In addition, strategic partnerships with raw material suppliers and buyers can also contribute well in growth of PEF manufacturers. Moreover, prevalence of positive regulatory framework can also support manufacturers.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.Polyethylene Furanoate Market Bio-Based Polymer Products 

To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.Polyethylene Furanoate Market Bio-Based Polymer Products 

For more information: www.grandviewresearch.com

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Related Topics

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

China Xi visits South Africa BRICS summit

China’s Xi visits South Africa ahead of BRICS summit  China Xi visits South Africa BRICS summit  

China Xi visits South Africa BRICS summit

Credit: The Associated Press
President Xi Jinping of China, middle, inspect the honour guard during an official welcoming ceremony at the government’s Union Buildings, Tuesday, July 24, 2018. Jinping is in the country to attend the three-day BRICS Summit starting Wednesday in Johannesburg. (AP Photo/Themba Hadebe) China Xi visits South Africa BRICS summit

JOHANNESBURG (AP) — Russian President Vladimir Putin, Chinese President Xi Jinping and other leaders of the BRICS emerging economies are gathering in South Africa for a summit likely to feature criticism of U.S. President Donald Trump’s wave of tariffs on foreign goods.China Xi visits South Africa BRICS summit

The tariffs, and tit-for-tat taxes by U.S. trading partners, are fueling global worry over economic growth, particularly in developing nations that are heavily reliant on exports.

The trade disputes with Washington could also provide focus for the globe-spanning BRICS group that has lacked the clout of other multilateral institutions that guide global trade.

Its members — Brazil, Russia, India, China and South Africa — are home to 3 billion people, or roughly 40 percent of the world’s population, with political systems ranging from democratic to authoritarian. China and India, the two most populous countries, have a border dispute. South Africa has expressed concern about a trade imbalance with China, its biggest trading partner.China Xi visits South Africa BRICS summit

Despite their differences, the BRICS countries likely will find common ground in denunciations of “protectionism,” the label affixed to U.S. policies that Trump says are designed to restore fairness for American companies.China Xi visits South Africa BRICS summit

China’s ambassador in South Africa set the tone in an opinion piece published in The Star, a South African newspaper.China Xi visits South Africa BRICS summit

BRICS countries should cooperate to counter a “certain superpower” that has “recklessly implemented unilateralism and protectionism” and undermined “economic globalization and the multilateral trading regime,” Ambassador Lin Songtian wrote.

At a weekend meeting of the Group of 20 nations in Argentina on Sunday, U.S. Treasury Secretary Steven Mnuchin disputed that protectionism is the issue and said trade should be conducted on “fair and reciprocal terms.”China Xi visits South Africa BRICS summit

The G20 is composed of traditional economic powers such as the United States, Japan and Germany as well as nations such as China, Brazil, India and Argentina.

The Trump administration’s trade measures have included tariffs on steel and aluminum. China is the main target but U.S. allies such as the European Union and Japan have also been subjected to them.China Xi visits South Africa BRICS summit

The BRICS countries are concerned about “rising protectionism” and will work “to strengthen those areas where their interests align,” said Cyril Prinsloo, a researcher at the South African Institute of International Affairs, a research center based in Johannesburg.

China’s Xi held talks in South Africa with President Cyril Ramaphosa on Tuesday, ahead of the start of the three-day BRICS summit on Wednesday.China Xi visits South Africa BRICS summit

The two countries signed investment agreements worth $14 billion, Ramaphosa said.

The other BRICS leaders are Indian Prime Minister Narendra Modi and Brazilian President Michel Temer. Turkey’s president, Recep Tayyip Erdogan, is also expected to attend.

The BRICS summit comes at a time of increasing “unilateralism” and provides an opportunity for member nations to push for a “larger collective role in global affairs,” said Francois Gamet, head of Asia for the Standard Bank Group.China Xi visits South Africa BRICS summit

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-Petco confident in South Africa’s PET recycling resilience – Petco South Africa PET recycling resilience

3-layer TechnoFlex® equipment Poland technical films

A 3-layer TechnoFlex® equipment soon in Poland   3-layer TechnoFlex® equipment Poland technical films

Source : 3-layer TechnoFlex® equipment Poland technical films

TechnoFlex® lines are designed to guarantee technological advanced performances on the production of high quality technical films.3-layer TechnoFlex® equipment Poland technical films

3-layer TechnoFlex® equipment Poland technical films

These lines are completely equipped with cutting-edge components, including the latest generation of winders ESR-9000, which allows 3 winding modes (by contact, axial and with gap), becoming the best solution when the qualitative target is elevated (for example for the converting industry) or when the film presents particularly critical aspects such as stickiness, elasticity, etc.

A 3-layer equipment of this type, mainly dedicated to the production of shrink-film, lamination and converting film, with a maximum layflat of 2400 mm (net trimmed foil) and output up to 550 kg/h, will soon be delivered to a renowned Polish producer and a consolidated customer of Bandera, operating in the flexible packaging sector and working in this market for more than twenty years.3-layer TechnoFlex® equipment Poland technical films

For further information please contact Mr. Paolo Ceol, Blown Film Sales Manager and Key Account – p.ceol@lbandera.com

Related topics

 

Coca-Cola European Partners sustainable packaging update

Coca-Cola European Partners announce sustainable packaging update   Coca-Cola European Partners sustainable packaging update

by Grace Nolan

Packaging Featured Sustainability Coca-Cola European Partners (CCEP)

Shin-Etsu begins constructing USA PVC expansion

Shin-Etsu begins constructing first phase of US PVC expansion   Shin-Etsu begins constructing USA PVC expansion

 Source:ICIS News

Shin-Etsu begins constructing USA PVC expansionHOUSTON (ICIS)–Japan’s Shin-Etsu Chemical said on Tuesday that its US-based Shintech subsidiary has begun construction on the first phase of a new integrated plant to produce polyvinyl chloride (PVC) at Plaquemine, Louisiana.

The project, next to Shintech’s existing PVC plant in Plaquemine, will in its first phase add annual capacities for 640m lb (290,000 tonnes) of PVC and 270,000 tonnes of caustic soda, Shin-Etsu said.

Completion of the $1.49bn investment is targeted for the end of 2020.

ICIS reported last year that Shintech had filed for a permit to expand PVC production at Plaquemine to 2.215bn lb/year from 1.400bn lb/year

In a statement of Tuesday, Shin-Etsu added that the expansion was driven by the availability of feedstocks from US shale gas and shale oil.

Since completing in 2008 its PVC plant in Plaquemine, Shintech expanded and raised production capacity three times and it is building an ethylene plant as well, Shin-Etsu said.

The company added that global PVC capacity was lagging demand, a trend that was expected to continue.

Likewise, global caustic soda demand had recently been outpacing supply, and this trend was also expected to continue, the company said.

In related news, a US local media outlet reported that the general contractor for Shintech’s ethylene plant project in Plaquemine canceled two contracts with a technology provider because of cost overruns. ICIS could not immediately confirm this report.

The original contract for the ethylene plant had been awarded back in 2015 to Japanese petrochemicals engineer Toyo.

By Stefan Baumgarten
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Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market

Unifi Unveils PROFIBER™, New Branding At 2018 Outdoor Retailer Summer Market   Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market 

Unifi Unveils PROFIBE  2018 Outdoor Retailer Summer Market GREENSBORO, N.C. — Unifi Inc., a global textile solutions provider and one of the world’s leading innovators in manufacturing synthetic and recycled performance fibers, announced the launch of the company’s new “True Innovation Starts in the Fiber” branding, which highlights Unifi’s commitment to the development of innovative and sustainable performance fibers backed by a flexible, global supply chain.

Unifi is also introducing its new PROFIBER™ brand that provides options to integrate multiple performance Tru-technologies into polyester and nylon yarns that deliver increased fabric comfort, performance and functionality.

Unifi unveiled its new branding and positioning while  showcasing its focus on performance apparel and activewear through innovative combinations of functional benefits at the 2018 Outdoor Retailer Summer Market (booth 1022-LL), which takes place July 23-26 in Denver, Colo.Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market  

“We are excited to show outdoor brands and retailers ways in which they can combine a wide range of Unifi Tru-technologies with our leading PROFIBER™ virgin and REPREVE® recycled yarns that offer multiple performance benefits,” said Richard Gerstein, executive vice president of global branded premium value-added products and chief marketing and innovation officer for Unifi.Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market  

“Meaningful innovation happens when you can integrate garment design and functionality with unique combinations of technologies that are embedded in the fiber.

Our goal is to help inspire those who design and develop new products to innovate at the fiber level to achieve differentiated performance, comfort and style.”

As part of the new branding, Unifi has repositioned its performance technologies to be benefit focused making it easier for customers to select the properties that are most important to their consumers.Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market  

Unifi’s proprietary Tru-technologies offer a wide range of performance properties such as wicking, thermal comfort, full coverage, bounce, stretch, sun protection and water resistance.Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market  

Examples of the new Tru-technologies and benefits featured in various fabric constructions at the 2018 Outdoor Retailer Summer Market include:

  • TruTemp365™ — High-tech fibers for fabric that performs, providing year-round comfort in warm or cool weather.
  • TruDry™ — Breathable, moisture-wicking fiber technology helps keep fabrics cool, dry and comfortable.
  • TruCover™ — Fibers with an increased surface area deliver flexible, lightweight stretch and coverage without show through.
  • TruFlexx™ — Fibers that allow fabrics to move freely and stretch without binding or sagging.
  • TruCool™ — Performance fibers create fabrics that feel cool to the touch.
  • TruTouch™ — Fibers with cotton-like softness provide a natural touch and feel.

“Consumers want reliable performance that lasts the life of the garment, and that’s why we strive to deliver options with our high-quality fiber and technology platforms,” said Jay Hertwig, group vice president of global brand sales.

“By offering a wide range of products focused on benefits, we can help our customers create innovative fabrics that solve everyday problems and meet and exceed their consumers’ expectations.”Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market  

Unifi is also leading the way in sustainable performance with REPREVE, the global leader in branded recycled fiber.Unifi Unveils PROFIBE 2018 Outdoor Retailer Summer Market  

Through its proprietary U TRUST™ verification program, REPREVE is one of the most trusted and certified earth-friendly fibers in the world.

High-quality, recycled yarns are made from 100% recycled materials, including post-consumer plastic bottles, pre-consumer waste or a hybrid blend of both. Products made with REPREVE also help conserve energy and natural resources.

The REPREVE #TurnItGreen National Mobile Tour is also on-site at the Outdoor Retailer Summer Market (booth 54143-UL), where attendees have the opportunity to experience firsthand how recycled bottles are transformed into performance fibers.

To date, Unifi has transformed more than 12 billion recycled plastic bottles into REPREVE products, and has a goal to recycle 30 billion bottles by 2022.

Source: Unifi

Source : Textile world

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EMEA petrochemicals outlook Olefins Aromatics Polymers

EMEA petrochemicals outlook, w/c July 23    EMEA petrochemicals outlook Olefins Aromatics Polymers

AuthorEmmanuel Latham 

EditorJeremy Lovell 

London — OLEFINS: The European olefins market is starting to show signs of tightness. Ethylene supply in Europe remains long, although trade sources have begun to report lower spot discounts to contract prices. In the propylene market, signs of tightness remain following a reduction in cracker run rates due to hot weather in northwest Europe and healthy demand.

Cracker maintenance in Europe during the August-October period may also tighten supplies. In the European butadiene market, contract price negotiations for August will get underway in earnest this week, following a strong July with good demand

AROMATICS: In benzene, market fundamentals are broadly balanced. The market structure has now flattened from the sharp backwardation in late-June to early July.

The European styrene market is expected to lengthen in coming weeks as demand eases.
The supply loss as a result of Synthos’ turnaround is expected to be more than offset by imports from the US.EMEA petrochemicals outlook Olefins Aromatics Polymers
In European toluene, TDP units are enjoying positive margins and are propping up toluene demand in Europe, despite an otherwise anaemic consumption picture.
In MX, demand from blenders is expected to remain absent due to the present length in octane. But interest from PX producers remains good.

Demand for PX is strong, with interest from European PTA producers and good export opportunities expected to remain.POLYMERS: General purpose polystyrene market participants expect July GPPS demand to shrink on a year-on-year basis, reflecting the presently weak styrene market.EMEA petrochemicals outlook Olefins Aromatics Polymers

ABS prices might come under further pressure as the growing arb window could invite more imports and European producers would face a choice between margins and market share.EMEA petrochemicals outlook Olefins Aromatics Polymers

Bearish ethylene has weighed on polyethylene and this could keep prices flat for several grades. But metallocene and certain grades of high density PE are expected to experience supply restrictions due to plant maintenance.EMEA petrochemicals outlook Olefins Aromatics Polymers

With improvements in downstream PTA supply, there is anticipation from market participants that this will filter into downstream PET. PET has been at high prices this summer due to the extreme tightness.EMEA petrochemicals outlook Olefins Aromatics Polymers

The market now sees some buyers holding off purchasing in expectation of prices dropping with this improvement in supply.EMEA petrochemicals outlook Olefins Aromatics Polymers

INTERMEDIATES: The European methanol market continues to monitor low Rhine water levels. But the impact of low water levels on logistics in the methanol market has been offset by a lull in demand, which is expected to last during the summer holiday period.

Market participants will also be watching developments in Russia as a ban on the movement of dangerous products, including methanol, was expected to come to an end on July 25.

Current supply length of MTBE has been in question this week after 10 days of high liquidity for the market. If demand is sustainable, this could lead to further increases for the MTBE factor to gasoline.EMEA petrochemicals outlook Olefins Aromatics Polymers

Gasoline demand was focused on the Mediterranean last week, a positive for MTBE, although this focus may be shifting towards the US where MTBE-blended fuels cannot be consumed.

Poland’s Zak is expected to lift the force majeure at its oxo-alcohols plant in Kedzierzyn-Kozle. Meanwhile, force majeure at Ineos’ oxo-alcohols plant in Lavera, France is still in place.

–Emmanuel Latham, emmanuel.latham@spglobal.com

–Edited by Jeremy Lovell, jeremy.lovell@spglobal.com

Related Topics

-EMEA petrochemical outlook cracking European petchems Asian petrochemicals market outlook, w/c Jun 25 – Asian petrochemicals market outlook aromatics olefins polymers 

North America TiO2 pricing power may wane

North America TiO2 pricing power may wane in second half of year    North America TiO2 pricing power may wane 

Source:ICIS News

HOUSTON (ICIS)–Sentiment among domestic buyers of North America titanium dioxide (TiO2) is that pricing power is weaker already in the third quarter and will continue to diminish as supply strain continues to ease.

Demand for downstream architectural paints typically wanes later in the year, so softness is imminent.

While the supply of TiO2 remains broadly snug, buyers are encountering both sold-out conditions and finding that some suppliers have more available product.North America TiO2 pricing power may wane 

For now, demand for decorative paints market is still particularly strong, and at least one Q3 price-hike initiative has been heard, but none has been confirmed.

Previous talk of potential third-quarter initiatives seeking as much as 6 cents/lb ($132/tonne) has not dissipated, but neither has it gained momentum.

North America TiO2 pricing power may wane

The current second-quarter price range for domestic TiO2 is $1.59-1.67/lb FD (free delivered), as assessed by ICIS..North America TiO2 pricing power may wane 

Demand for TiO2 could remain healthy through August, driven by some remaining pent-up demand from latter 2017, residual seasonal demand from the recent spring paint and coatings season, and cooperative weather in the northeast US especially.

But predictions early in the year that the second half of the 2018 might bring TiO2 price calmness may yet play out, given the absence of Q3 price initiatives, so far.

Seller’s-market conditions in the TiO2 industry during the previous two years of tight supply may be moving toward more balance, where prices are based more on costs and demand factors, a buyer said..North America TiO2 pricing power may wane 

But a lack of new planned capacity additions will keep the domestic market generally pressured for the long term, the customer added..North America TiO2 pricing power may wane 

With the peak demand of the spring paint and coatings season now over, customers could hope for shorter delivery times except for the shortage of trucks and the additional burden on rail traffic and the infrastructure that supports both..North America TiO2 pricing power may wane 

In the meantime, as potential tariffs still loom, the major domestic TiO2 producers are attempting portfolio shuffles to facilitate Tronox’s $2.4bn acquisition of Cristal in what could be the last significant consolidation move in the sector.

This should pave the way for the long-awaited deal to close, and was prompted partly by the US Federal Trade Commission (FTC), which challenged the proposal.

TiO2 is used in products such as paints and coatings – including glazes and enamels – plastics, paper, inks, fibres, foods, pharmaceuticals and cosmetics.

Major US TiO2 suppliers include Chemours, Cristal, Kronos, Tronox and Venator.

Focus article by Larry Terry

Pictured above: Titanium dioxide (TiO2) is used in white paint. (Photo by REX/Shutterstock)

By Larry Terry

Fakuma 2018 Road Digitalisation Arburg

Fakuma 2018: on ‘Road to Digitalisation’ with Arburg   Fakuma 2018 Road Digitalisation Arburg

Ethylene prices Northeast Asia fell surplus supply  

Ethylene prices in Northeast Asia fell amid a surplus supply   Ethylene prices Northeast Asia fell surplus supply

Ethylene prices Northeast Asia fell surplus supplyMOSCOW – The spot imported ethylene prices in Northeast Asia (NEA) declined at the end of last week amid a large number of August supplies from regional and Middle Eastern suppliers, ICIS reported.

The price proposals for the volume of material that will arrive in August were on July 20 in the range of USD1,350-1,380 per tonne, CFR NEA, while the deals earlier in the previous week were around USD1,380-1,390 per tonne, CFR CFA .

Ethylene prices were declining due to a surge in shipments from manufacturers in South-East Asia (Southeast Asia), Taiwan and Saudi Arabia on FOB terms, amid reduced capacity utilization at polyethylene (PE) production plants in the region.

In particular, in total about 30 thousand tons of spot volumes of material for shipment at the end of July and August were either sold or offered by producers from Southeast Asia last week.

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

According to the Price Review of ICIS-MRC , the buying activity on the Russian PE market declined markedly last week. Some of the companies have already closed all deals for July deliveries. Part of the decline in demand is due to the increase in prices for individual PE positions. In some segments of PE there is a lack of supply, but there is no hype on the market. Buyers are hard to adapt quickly to new prices.

mrcplast.ru

Author:                Margarita Volkova

Related Topics

-The price of ethylene in Asia remained stable on July 16  Price ethylene Asia remained stable

China HDPE yarn three-month coal based supply

China HDPE yarn at three-month low as coal-based supply grows  China HDPE yarn three-month coal based supply  

Source:ICIS News

SINGAPORE (ICIS)–High density polyethylene (HDPE) yarn prices in China’s domestic spot market are currently at their three-month low, after steadily falling since late May due to growing supply of coal-based material.

China HDPE yarn three-month coal based supply

On 20 July, spot prices of HDPE yarn in east China were assessed at yuan (CNY) 10,875/tonne ($1,606/tonne) EXWH (ex-warehouse), down by CNY925/tonne or 7.8% from 25 May, ICIS data showed.

The assessment took into account the prices of both coal-based and naphtha-based material.

Coal-based output accounts for about 45% of China’s overall HDPE yarn production.

China HDPE yarn three-month coal based supply

HDPE yarn can be used in the production of nets, ropes, small and medium-sized containers and colored stripe cloth.

In the first half of 2018, domestic supply of HDPE yarn was estimated to have increased by about 5.5% year on year, as more coal-based plants started producing the grade this year.

“Although naphtha-based supply is limited as PetroChina Fushun Petrochemical didn’t produce HDPE yarn from April to June, more coal-based plants produced the grade for good profits,” one trader said.

Based on current prices, HDPE yarn grades were higher by yuan (CNY) 1,577/tonne compared with LLDPE this year, more than double the CNY722/tonne gap in 2017.

Consequently, more coal-based HDPE/LLDPE swing units have switched to producing HDPE instead of LLDPE.

Six coal-based plants in China with about 1.8m tonnes/year of HDPE yarn capacity have been producing the grade this year.

China HDPE yarn three-month coal based supply

Coal-based material was available last week at CNY10,400/tonne EXW (ex-works), lower by CNY800/tonne compared with naphtha-based prices.

A number of downstream factories in eastern and southern China were being lured by the low prices of coal-based HDPE yarn.

“Some factories making nets and ropes mixed about 50-70% of coal-based HDPE yarn into naphtha-based grade to lower costs,” a source from a downstream producer said.

“The factories making colored stripe cloth for sunlight shading or covering can all use coal-based grade,” the source said.

But factories that produce drinking containers must only use naphtha-based HDPE yarn due to properties of the materials and food certification, market sources said.

Spot prices of coal-based HDPE yarn have dropped sharply with oversupply in the market, prompting some coal-based plants to switch to producing other HDPE grades.

Meanwhile, PetroChina Daqing Petrochemical’s naphtha-based 240,000 tonne/year HDPE unit is undergoing maintenance from late July to mid-September.

The resulting reduction in supply should help stem the downtrend in naphtha-based HDPE yarn prices, a trader said.

Photo: HDPE yarn can be used in the production of nets, ropes, small and medium-sized containers and colored stripe cloth. (Mint Images/REX/Shutterstock)

By Lucy Shuai

BPPL opens Sri Lanka first polyester yarn factory

BPPL opens Sri Lanka’s first ever polyester yarn factory   BPPL opens Sri Lanka first polyester yarn factory
BPPL opens Sri Lanka first polyester yarn factory

Eco Spindles, a wholly-owned subsidiary of BPPL Holdings Ltd (BPPL), recently inaugurated Sri Lanka’s first ever polyester yarn plant at Horana Export Processing Zone with an investment of SLR 800 million. The unit, with spinning and texturing machinery from Europe, will manufacture polyester yarn from recycled polyethylene terephthalate (PET) bottle flakes.BPPL opens Sri Lanka first polyester yarn factory

The plant is one of two plants in the world that create yarn directly from flakes circumventing the polymerization where flakes are first converted to chips and then to yarn, according to BPPL CEO and managing director Anush Amarasinghe.

BPPL is also planning to invest SLR 1-1.5 billion in another yarn production plant at the same premises to expand production, a leading Sri Lankan newspaper quoted Amarasinghe as saying.BPPL opens Sri Lanka first polyester yarn factory

Meanwhile, BPPL expects to double the used PET bottle collection to 400 tonnes per month within the next 12 months.BPPL opens Sri Lanka first polyester yarn factory

He noted that 70 tonnes of recycled PET waste will be utilised for manufacturing synthetic yarn while around 150 tonnes of PET waste for the production of synthetic brush filaments.

The new plant can produce 15 percent of the polyester yarn required by the local apparel industry and can also produce recycled yarn, which is considered a niche segment with a good growth potential. (DS)BPPL opens Sri Lanka first polyester yarn factory

Fibre2Fashion News Desk – India

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USA Iran flare supportive crude oil prices

U.S.-Iran flare up supportive of crude oil prices    USA Iran flare supportive crude oil prices  

A 24-hour labor strike in the North Sea was also announced Monday at three platforms operated by French supermajor Total.
By Daniel J. Graeber Follow @dan_graeber Contact the Author
USA Iran flare supportive crude oil prices
Oil prices were elevated Monday as tensions heated up between the United States and Iran, the third-largest oil producer in OPEC. File Photo by Monika Graff/UPI

License Photo USA Iran flare supportive crude oil prices  

A flare-up in U.S.-Iranian tensions, coupled with a work stoppage in the North Sea, sent crude oil prices higher Monday ahead of the start of U.S. trading.

In an apparent response to a warning from Iranian President Hassan Rouhaniof the “mother of all wars,” U.S. President Donald Trump took to Twitter at around 11 p.m. EDT Sunday to state that Tehran would “suffer consequences the likes of which few throughout history have ever suffered before” should provocation continue.

The messaging is significant to oil markets because Iran is the third-largest oil producer in the Organization of Petroleum Exporting Countries, but faces isolation because of U.S. sanctions that go into force in November. Iran has warned that if its oil exports are blocked, it would work to prevent all oil flowing through the Straits of Hormuz, a choke point for maritime deliveries.USA Iran flare supportive crude oil prices  

Joe McMonigle, a senior energy analyst at Hedgeye Risk Management, told UPI the U.S. president has been consistent with his pressure on Iran even before backing out of the multilateral nuclear agreement in May.USA Iran flare supportive crude oil prices  

“Many are focused alone on Trump’s tweet but Rouhani’s comments are not isolated. Various elements in Iran have also used more overt comments with threats on Hormuz oil shipments,” McMonigle said. “This rhetoric was bound to get Trump’s attention, and as a result, it may get hot in August for oil markets.”USA Iran flare supportive crude oil prices  

Elsewhere, labor union Unite announced a 24-hour work stoppage at three North Sea platforms operated by French supermajor Total in the North Sea. As of Monday, the union said it was calling for a continuous ban on overtime in protest of wages and working conditions.USA Iran flare supportive crude oil prices  

The price for Brent crude oil, the global benchmark for the price of oil, was up 0.66 percent as of 9:20 a.m. EDT to $73.55 per barrel. West Texas Intermediate, the U.S. benchmark, was up 0.72 percent to $68.75 per barrel.

Brent was at one point up more than 1.3 percent ahead of the start of U.S. trading.

The increase in the price of oil followed a weekend meeting of ministers from the G20 in Buenos Aires. Addressing the forum, International Monetary Fund Managing Director Christine Lagarde said that global trade tensions were cause for concern.

“Indeed, the world economy is facing increasing risks, especially in the short term, from rising trade tensions, financial pressures in vulnerable emerging economies, and the return of sovereign risk in parts of the euro area,” she said in her prepared remarks.

Italian and British political movements have unsettled markets. Trade tensions, meanwhile, have diminished growth expectations. Last week, the Federal Reserve Bank of Dallas warned the regional economy was likely to slow down in the second half of 2018.

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Crude oil glut could turn oil shortage

How an oil glut could swiftly turn to an oil shortage  Crude oil glut could turn oil shortage

Crude oil glut could turn oil shortage

Photo: Mark Mulligan /Houston Chronicle
Oil storage tanks line the Port of Corpus Chrisit

Oil industry analysts and executives fear a looming global supply crunch is on the horizon, even as Texas and other parts of the nation keep churning out more oil than ever.

U.S. oil prices could spike from about $70 a barrel now to levels not seen since mid-2014 when oil hovered above $100, analysts say. That would be great for Houston’s oil-rich economy, but only until skyrocketing gasoline prices and supply disruptions spawned a global economic slowdown.Crude oil glut could turn oil shortage

“It’s even more worrisome in a time like this when you have significant geopolitical risks coming from different spots in the world.” said Jamie Webster, senior director at Boston Consulting Group’s Center for Energy Impact in Washington.

Of particular concern is a shortage of global spare oil capacity, Webster said. Many oil-producing countries are on the decline, while others are pumping out almost as much as they possibly can. There’s little remaining margin to boost production if supplies dwindle.

The world’s three largest oil producers — Russia, the United States and Saudi Arabia — are all increasing their outputs this summer, which sent U.S. oil prices from a 45-month high of more than $74 a barrel in mid-July down below $70 per barrel this week. To keep prices low, the White House is even considering releasing more oil from the nation’s Strategic Petroleum Reserve, which happened last in the aftermath of Hurricane Harvey.

These moves, however, leave Russia and the Organization of the Petroleum Exporting Countries with little remaining quick-start oil supplies that can be churned out in an emergency at a time when there’s varying levels of instability and conflict in oil-producing countries like Venezuela, Libya, Nigeria, Iraq and Iran.CCrude oil glut could turn oil shortage

That’s why U.S. energy companies aren’t particularly worried about July’s dips in oil prices, analysts said.Crude oil glut could turn oil shortage

In recent years, the oil and gas sector has sounded alarm bells about so-called “peak demand.”Crude oil glut could turn oil shortage

That’s the theory that global oil consumption could plateau soon with the switch to renewable energy and electric vehicles. Crude oil glut could turn oil shortage

But now there are increasing predictions that demand could actually outpace crude supplies starting in the next year or so.Crude oil glut could turn oil shortage

The U.S. exceeded 11 million barrels a day in oil production for the first time ever last week, placing its crude volumes slightly behind Russia and just ahead of the Saudis. While these three nation’s produce about 33 percent of the world’s oil, that leaves bigger question marks behind the remaining two-thirds where there are higher degrees of uncertainty than usual.Crude oil glut could turn oil shortage

OPEC agreed to hike its oil production in June, but that mostly amounts to the Saudis picking up the slack for declines from other OPEC nations like Venezuela, Libya, Angola and the anticipated dip from the Saudi’s chief rival, Iran.Crude oil glut could swiftly turn oil shortage  

Any big Iranian crude export decline is yet to come because the details of sanctions and waivers are still being finalized since the Trump administration opted to withdraw from the Iran nuclear accord.Crude oil glut could turn oil shortage

The International Energy Agency reported this week that global energy investments fell by 2 percent last year down to $1.8 trillion — a third straight year of decreasing investments — while spending on the electricity sector surpassed oil and gas production dollars for the second straight year.Crude oil glut could turn oil shortage

These declines were triggered largely by the recent oil bust that sent crude prices plummeting from more than $100 a barrel in mid-2014 down to a low of $26 per barrel in February 2016. Prices have rebounded since and energy companies have learned to cut costs and earn profits with oil in the $60 range, but worldwide oil and gas spending is yet to catch up.Crude oil glut could turn oil shortage

Global oil demand each year has grown by roughly 1.5 million barrels a day of late. But higher crude prices coupled with ongoing fears of worldwide trade wars — led by the U.S. and China — could cause a slowdown in economic and oil demand growth.

Rather than spend money on the long-term, multibillion-dollar mega projects in deep ocean waters, companies are more often opting for quicker, cheaper drilling efforts in areas like U.S. shale, especially West Texas’ booming Permian Basin.

“There was an implosion in major project investments, and exploration spending has evaporated,” said Bill Herbert, a senior energy analyst at Piper Jaffray & Co. in Houston.

That’s an ominous sign for crude oil supplies in the few years ahead, starting as soon as 2019, he added.Crude oil glut could turn oil shortage  

“The elephant in the room that people aren’t paying attention to is the rapidly decreasing spare productive (oil) capacity,” Herbert said, especially within the OPEC cartel, which the world has counted on for decades to help manage supply-and-demand balances and pricing.Crude oil glut could turn oil shortage

Many oil and gas companies like global energy services leader Schlumberger have warned of the need for greater oil and gas project spending for more than a year. Schlumberger CEO Paal Kibsgaard reiterated those worries Friday.Crude oil glut could turn oil shortage

He specifically cited Venezuela, Iran and Libya, but he argued that at least 15 countries are witnessing production declines.Crude oil glut could turn oil shortage

“It is becoming more and more apparent that the new projects expected to come online during the next few years will not be sufficient to meet the increasing demand,” Kibsgaard said.Crude oil glut could turn oil shortage

Eyes on Texas

Even the Permian is seeing its growth slow down. The Permian is producing a record of more than 3.3 million barrels of oil a day, which is near the region’s pipeline capacity.

A bevy of new pipeline projects are under construction to transport the Permian oil across the state to port and refining hubs near Houston and Corpus Christi, but most of those pipelines are at least a year away from being completed.

As a result, drilling and well completions activity in the booming Permian have flattened out in recent weeks, Herbert noted, a trend that could continue well into next year.

The oil will keep flowing. That’s why companies like Houston’s Enterprise Products Partners announced plans this week for a massive offshore crude export terminal off of the Texas Gulf Coast. But there will be stops and starts.

It’s really much better for the energy sector if U.S. oil prices stay below $75 a barrel and don’t skyrocket again, said Jim Wicklund, an energy analyst at the financial services company Credit Suisse in Dallas. Big jumps could just hasten another bust, he said.

“At those higher levels, people get stupid and lose discipline,” Wicklund said.

jordan.blum@chron.com

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KBR develop crude oil chemicals complex Sabic

KBR to develop part of crude-oil-to-chemicals complex   KBR develop crude oil chemicals complex Sabic

HOUSTON

KBR develop crude oil chemicals complex SabicSaudi Aramco and the Saudi Basic Industries Corp (Sabic), which are partnering in a crude oil to chemicals (COTC) project, have awarded a contract to US-based KBR, a global leader construction, to develop a part of the COTC complex.

KBR will provide the front-end engineering and design for the downstream petrochemicals and chemicals component within the COTC master complex. The scope includes engineering studies, infrastructure planning and development for both of the polymer and glycol units, along with the aromatics complex, the COTC master plot plan, and offsite utilities.KBR develop crude oil chemicals complex Sabic

The KBR project management contract is the second that Saudi Aramco and Sabic have awarded for the COTC project. Wood, also a leading project management and engineering firm, was granted the first contract to provide engineering and design for the refining components, mixed feed steam cracker, on-site utilities, interface and site integration, and selection of technology providers.KBR develop crude oil chemicals complex Sabic

“We are counting on the long-standing relationship between Saudi Aramco and Sabic on one side, and KBR on the other, to develop this preliminary engineering package for the world-class complex,” said Fahad E Al Helal, vice president of Project Management.

A recently-held kickoff meeting included a ceremonial signing of a safety pledge by senior leadership and project team members from all three companies.

Al Helal joined KBR’s president and CEO Stuart Bradie and Anas Kentab, the executive vice president for COTC project at Sabic, at the signing.

Dubbed “Zero Harm”, the KBR safety programme engages project sponsors and team members at all levels to commit to a 24/7 safety mindset — one that never waivers and can never be compromised.KBR develop crude oil chemicals complex Sabic

The KBR leadership members expressed their appreciation to Saudi Aramco and Sabic for the partnership, and further acknowledged the pivotal role KBR will have in the COTC project.KBR develop crude oil chemicals complex Sabic

Bradie said: “We are excited about the opportunity to continue our proud legacy in the Kingdom of Saudi Arabia, delivering giga-projects such as COTC.”

KBR was also a major partner in development of the Sadara Chemical Project. Jay Ibrahim, KBR president of engineering and construction, Mena, noted: “Through this contract, we will continue our commitment to meeting the objectives of both the in-Kingdom local content and Vision 2030 programmes.”KBR develop crude oil chemicals complex Sabic

Saudi Aramco’s US affiliate company Aramco Services Company (ASC) is managing the KBR contract on behalf of Saudi Aramco.KBR develop crude oil chemicals complex Sabic

Basil A Abul-Hamayel, ASC president and CEO, said: “We are excited about the COTC project, and its enormous potential to make such a positive impact. The ASC team will continue to give its full support to the project management team to help ensure success.”

With start-up in 2025, the fully integrated COTC complex is on track to become the largest of its kind in the world. It will become a major contributor to Saudi Vision 2030, enabling a new era of industrial diversification, job creation, and technology development in the Kingdom.KBR develop crude oil chemicals complex Sabic
The complex is expected to process 400,000 barrels per day of Arabian Light crude oil, which will produce approximately nine million tonnes of chemicals and nine million tonnes of fuels per year. Also notable, it is projected to achieve a direct conversion rate from crude oil to chemicals of up to 50 per cent, which is unprecedented globally. – TradeArabia News Service

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Tomra Sorting spotlight sensor-based sorting technologies

Tomra to spotlight sensor-based sorting technologies   Tomra Sorting spotlight sensor-based sorting technologies 

Tomra Sorting Recycling will show how X-Tract and LIBS technologies can help increase the worldwide supply of aluminium at the same time as enhancing sustainability.
Tomra Sorting spotlight sensor-based sorting technologies
Frank van de Winkel, Tomra Sorting Business Development Manager Metals (Foto: Tomra Sorting Recycling)

Tomra Sorting Recycling will showcase its sensor-based sorting technologies at Aluminium 2018, the world trade fair and conference, at Messe Düsseldorf, Germany, from 9th to 11th October.Tomra Sorting spotlight sensor-based sorting technologies

Tomra’s exhibition stand will spotlight the company’s X-Tract machine, which separates valuable materials from metal waste, and its state-of-the-art LIBS technology, which accurately sorts and separates different aluminium wrought alloys.

Aluminium 2018 is expected to attract more than 27,000 visitors from 100 countries and will share latest insights into everything from aluminium production to processing, finished goods and recycling.Tomra Sorting spotlight sensor-based sorting technologies

Tomra can be found on Hall 11, stand no. 11|54. The company’s technical experts will be available during all three days of the event to answer visitors’ questions.

Frank van de Winkel, Tomra Sorting Business Development Manager Metals, said: “High levels of aluminium production plus the high accuracy of modern alloy-sorting techniques make it more and more worthwhile to unlock the value from secondary materials that would otherwise be lost. Tomra Sorting spotlight sensor-based sorting technologies

What’s more, re-using scrap metal is an environmentally-friendly practice which demonstrates the industry’s commitment to sustainability. For these reasons we’re looking forward to discussing our technologies at Aluminium 2018 with refiners and remelters.”

According to the company Tomra’s X-Tract separates heavy metals from aluminium alloys with such high precision – irrespective of the materials’ size, moisture, or surface pollution level – that it achieves aluminium purities of 98-99%, even from a varied mix and with small grain sizes.Tomra Sorting spotlight sensor-based sorting technologies

This technology employs an electric X-ray tube so that broad-band radiation can penetrate the material to provide spectral absorption information. This data is then measured with a highly sensitive X-ray camera to identify the atomic density of the material, regardless of its thickness. Material is sorted into high- and low-density fractions, with Tomra’s Duoline sensor technology using two independent sensor lines with different spectral sensitivities, the company says.

Tomra’s LIBS-based sensor sorting technology extends the options for the use of scrap- and secondary-aluminium.Tomra Sorting spotlight sensor-based sorting technologies

By employing a dynamic laser which can monitor the entire width of the belt, this has the unique advantage of eliminating the complex and costly need to separate materials into single lanes.Tomra Sorting spotlight sensor-based sorting technologies

This enables the sorting and separation of different aluminium wrought alloys with unprecedentedly high levels of efficiency, achieving sorting accuracies of 99% purity (or greater) with high throughputs of three to seven tons per hour.

$1.6-bn respite Indian polyester fibre yarn manufacturers

$1.6-bn respite for Indian polyester fibre and yarn manufacturers    $1.6-bn respite Indian polyester fibre yarn manufacturers

Govt raises import duty to restrict its import, domestic producers breath easy

Dilip Kumar Jha

$1.6-bn respite Indian polyester fibre yarn manufacturers

Photo: Shutterstock

Domestic polyester fibre and yarn manufacturers heave a sigh of relief due to the government’s decision to raise customs duty on their import to encourage Indian producers. The incerase in import duty is set to help restrict its annual import to the tune of $1.6 billion.

To encourage domestic players, the government of India this week raised import duty on all polyester items in the value chain. With this, the basic customs duty on 76 textile and apparel items raised to 20 per cent from the existing 10 per cent. One of the main manmade fire fabrics tariff line included for increasing effective customs duty is other woven fabrics dyed containing 85 per cent or more by weight of textured polyester filaments including shirting, suitings and sarees.

Because of low customs duty, Indian traders in the textile value chain were importing a lot of apparel from Bangladesh due to low labour cost there. Also, a lot of consignments were reported to have been undervalued to pay low effective rate of customs duty. To tighten this loophole, however, the government fixed import duty of Rs 38 a square metre on polyester than the fixed 20 per cent of import duty earlier.

“The revision in import duty is positive for domestic polyester manufacturers. The demand for low price polyester has been constantly increasing which is expected to continue in future as well. Thus the increase in import duty would benefit domestic players at large,” said Madhusudan Bhagaria, Chairman and Managing Director, Filatex India Ltd, one of the largest polyester manufacturers in India.$1.6-bn respite Indian polyester fibre yarn manufacturers

Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity expansion was planned by other polyester manufacturers as well. Polyester prices have moved in a narrow range over the last few months following crude oil prices.$1.6-bn respite Indian polyester fibre yarn manufacturers

Data compiled by the Confederation of Indian Textile Industry (CITI) showed $1.6 billion worth of man-made filaments and man-made staple fibre products imported into India during the financial year 2017-18. Besides fabrics, import of manmade fibres (MMF) and MMF yarns have also surged since June 2017 when the goods and services tax (GST) was implemented.$1.6-bn respite Indian polyester fibre yarn manufacturers

Import of polyester staple fibre (PSF) and viscose staple fibre (VSF) had increased by 5 per cent and 20 per cent respectively during the financial year 2017-18 including a similar increase in imports of other products in the polyester value chain.

“In case of import of polyester spun yarn, viscose spun yarn and nylon spun yarn, the increase was 94 per cent, 526 per cent and 15 per cent respectively which is impacting domestic manmade fibre and MMF yarn manufacturers in a big way. This was very critical to protect the domestic fabrics segment, as post-GST its imports had substantially surged due to the withdrawal of countervailing duty (CV) and special additional duty (SAD) on imports. $1.6-bn respite Indian polyester fibre yarn manufacturers

Therefore, it also needs to consider an increase in Effective rates of BCD other products of MMF textile value chain,” Narain Aggarwal, Chairman, Synthetic The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC).$1.6-bn respite Indian polyester fibre yarn manufacturers

Indian polyester manufacturers including Reliance, Filatex India and JBF Industries have added heavily to their existing manufacturing capacities to support its rising demand across all polyester value chain.

Sanjay Jain, Managing Director of TT Ltd and Chairman of CITI said that the textile industry heaves a major relief as they were going under immense pressure post-GST. A substantial drop in import duty was observed after implementation of GST which has encouraged cheaper imports.$1.6-bn respite Indian polyester fibre yarn manufacturers

This has come as a great relief to the domestic manufacturers, he added.

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PET industry lends support recycling SMMEs

PET industry lends support to recycling SMMEs  PET industry lends support recycling SMMEs  

PET industry lends support recycling SMMEs

The South African PET recycling sector is stepping up to assist recycling SMMEs following the new mandatory separation-at-source programme launched by the City of Ekurhuleni earlier this month.  

Through the initiative, which is being led by national recycling body PETCO and key players in the PET value chain, a number of small enterprises will be equipped to participate more effectively in the “circular economy”, by deriving value from post-consumer waste.

The initiative comes after SMMEs and informal waste collector expressed concerns that they would be sidelined by the new separation-at-source scheme.

Donations

Last week, PET plastic bottle converter Serioplast and the PET Recycling Company (PETCO) donated equipment, which included baling machines, industrial platform scales and signage, to Johannesburg-based SMMEs with the aims of improving the collection, weighing and baling of recyclable material for resale to recycling businesses.

Other Gauteng-based beneficiaries that are set to receive similar donations from PETCO in the coming weeks include Ekhuliza Gauteng Primary Cooperative and CJU Environmental Management in Boksburg and Lakhwisha Holdings in Vosloorus.

Creating a recycling consciousness

Cheri Scholtz, PETCO chief executive officer, says the citywide household recycling initiative was a positive step forward in creating a recycling consciousness among ordinary South Africans.PET industry lends support recycling SMMEs

“PET recycling has been particularly effective in creating a “circular economy”, with plastic water and soft drink bottles offering post-consumer value to waste collectors and recyclers, while also reducing producers’ need for virgin PET material,” she notes.

“PETCO believes that the training and mentorship of waste entrepreneurs is critical in helping them to grow and sustain their businesses. Ultimately, this will stimulate economic growth, job creation and the development of our country as a whole.”

Unlocking value

Serioplast director Alessandro Innocenti says, as a bottle converter, the company was aware of plastic’s potentially negative environmental impact and that, instead of dumping bottles in landfill sites, it was vital to find ways of unlocking the value in waste and giving it new life.PET industry lends support recycling SMMEs

“It’s time we all start treating plastic like the valuable resource it is. Serioplast is proud to support PETCO’s commitment to a green, inclusive economy that helps the environment and has a positive impact on local communities.”

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market OPEC Organization Petroleum Exporting Countries good USA

A market without OPEC isn’t good for the US   market OPEC Organization Petroleum Exporting Countries good USA

market OPEC Organization Petroleum Exporting Countries good USA It’s no surprise to see US politicians in an open confrontation with the Organization of Petroleum Exporting Countries (OPEC).

Since 2000, the US Congress has discussed various forms of a legislation called “No Oil Producing and Exporting Cartels Act,” or NOPEC. If this becomes a law then it could open OPEC up to antitrust lawsuits by the US government on charges of manipulation of world’s energy prices. market OPEC Organization Petroleum Exporting Countries good USA  

The House of Representatives introduced a version of the bill in May. The Senate earlier last week also brought up a draft of the legislation, which would amend the Sherman Antitrust Act of 1890 that was used more than a century ago to break up the oil empire of John Rockefeller. market OPEC Organization Petroleum Exporting Countries good USA  

There is always political pressure on OPEC whenever there is an election in the US and gasoline pump prices are making voters unhappy.

So what’s new this time? The last two US presidents George W. Bush and Barack Obama threatened to use their veto power to prevent NOPEC becoming law. This time there is a President, Donald Trump, who is very unhappy with OPEC as he accuses the producer-group of being a cartel that keeps oil prices high.

There are many misconceptions about OPEC in US political circles and these misconceptions are here to stay as long as the US is unable to increase its own production significantly. market OPEC Organization Petroleum Exporting Countries good USA  

First, OPEC has no price targets. They favor certain prices just like any consuming nation of oil but prices these days are determined by the market and traders in London and
New York. This is an established fact that everyone knows.

OPEC has its vices, but whether US politicians love it or not, it will stay the safety valve and lender of last resort in the industry. And a reformed OPEC is better than no OPEC.

Wael Mahdi

Second, OPEC only pumps one third of
the world’s oil supply today and that is not enough for the group to control the market or prices. Actually, since 2014, oil prices are more responsive to developments in US local market than to what happens in OPEC. A good example of that is the premium of geopolitical risks.

In 2011 and 2012, oil prices rose sharply by tens of dollars after 1 million barrels a day of Libyan supply went off the market. Today, Libyan output can go down sharply like just what happened this month after some ports closures and oil prices only added few dollars.

What has differed? The market is awash with crude from outside of OPEC and traders think that can replace any supply from anywhere else.

Third, in most cases, marginal producers of oil are the ones who push prices on the margin and not big producers especially when the latter are pumping at their maximum. Most of the marginal producers now days are in shale oil plays in the US and in some other areas of the world like in Russia, Brazil and Canada.

Fourth, there was a time when Saudi Arabia and OPEC were the swing producers of the world, but now days shale oil producers share some of that role to some extent, although not fully as they are not coordinated and they don’t act unilaterally.

Therefore, even if OPEC wanted to become
an influential cartel today, it can’t. But the US government wants OPEC to be a cartel and president Trump keeps asking OPEC to lower oil prices and this is a very contradictory approach.

What’s more confusing is that the US pressure isn’t helping OPEC and Saudi Arabia to plan for long or medium terms. market OPEC Organization Petroleum Exporting Countries good USA  

The US government and politicians focus is narrowed on the short-term price movements. OPEC can’t think like that. market OPEC Organization Petroleum Exporting Countries good USA  

For instance, there is some uncertainty over demand in the second half of this year due to various reasons among them the concerns over the impact of US trade war with China over economic growth of the country, and China is biggest importer of crude oil today. Also, with current oil prices, there are fears that demand maybe dampened in coming months. market OPEC Organization Petroleum Exporting Countries good USA  

In such circumstances OPEC must plan for the next six months and must calculate output based on supply-demand factors to keep the market well-balanced. If OPEC to follow the American model, it must pump more crude every month to keep gasoline prices lower.

That may result in mismatch between supply and demand and if oil prices collapsed, the US shale oil industry is the first to suffer before anyone else as they are among the high-cost producers in the world and not OPEC.

Saudi Arabia has a sound policy of producing crude based on customers lifting. The country doesn’t dump crude into the market and don’t store crude on barges without a clue what to do with it. market OPEC Organization Petroleum Exporting Countries good USA  

In some months, some production goes to storage but these don’t make up a big chunk of its daily output. In fact, Saudi crude stockpiles has been declining since last year. It went down from 258.8 million barrels in May 2017 to 235.4 million barrels in May 2018, according to data by Joint Organizations Data Initiative.

And yet American policy will impact the market further. A shortage is expected sometime at the end of this year due to the US sanctions on Iranian oil exports. So it’s premature for OPEC to pump an additional 2 million barrels a day that Trump wants as gasoline prices aren’t the indicator that OPEC uses. market OPEC Organization Petroleum Exporting Countries good USA  

What US politicians should focus on is the state of the investments in the oil market and the right oil price for promoting them. And they should stop political moves against OPEC that will result in a mismanaged oil market.

OPEC can’t do the job alone today and certainly not Saudi Arabia. And the US needs 
to coordinate its energy policy constructively with OPEC in the same way Trump wants to coordinate it now with Russia as both countries announced last week.

OPEC has its vices, but whether US politicians love it or not, it will stay the safety valve and lender of last resort in the industry. And a reformed OPEC is better than no OPEC.

• Wael Mahdi is an energy reporter specializing on OPEC and a co-author of “OPEC in a Shale Oil World: Where to Next?”

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News’ point-of-view
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Saudi Aramco CEO SABIC deal would impact IPO timeline

Saudi Aramco CEO says SABIC deal would impact IPO timeline   Saudi Aramco CEO SABIC deal would impact IPO timeline

Amin Nasser says a stake in SABIC makes Aramco less vulnerable to volatile oil prices, and would be positive for its revenue
Saudi Aramco CEO SABIC deal would impact IPO timeline
Amin Nasser, Aramco’s chief executive officer.

Saudi Aramco has signaled another potential delay for the world’s largest initial public offering after it started talks this week to buy a stake in a local petro-chemical company.

The state-owned oil company said it may buy a strategic stake in Saudi Basic Industries Corp from the country’s sovereign wealth fund. Sabic, as the chemical company is known, carries a market value of little more than $100 billion and the sovereign wealth fund controls a 70 percent stake.Saudi Aramco CEO SABIC deal would impact IPO timeline

Amin Nasser, Aramco’s chief executive officer, said in an interview that the company is still in the early stages of talks and a deal isn’t certain. “A potential Sabic deal would affect the time frame for Saudi Aramco’s initial public offering,” Nasser told Arabiya television in an interview airing Friday.Saudi Aramco CEO SABIC deal would impact IPO timeline

A stake in a chemical company like Sabic makes Aramco less vulnerable to volatile oil prices, and would be positive for its revenue, Nasser told Arabiya

The remarks raise the specter of further delay for an IPO that could raise as much as $100 billion. Saudi Energy Minister Khalid al-Falih said last month that while “ it would be nice if we can do it in 2019, there is a lot more at stake than just ticking a box and say, ‘We got this out of the way.”’Saudi Aramco CEO SABIC deal would impact IPO timeline
Original Plan

The plan to sell shares in the state oil giant next year is itself a delay from an original plan for 2018. For almost two years, Saudi officials said repeatedly the IPO was “on track, on time” for the second half of 2018. Earlier this year, they admitted it would be delayed into 2019. In May, Al-Falih said that the sale would “most likely” happen next year.

In June, though, the minister hinted at a fresh delay, saying only that it would be nice to sell shares in 2019. And many observers — including members of the company’s senior leadership — doubt whether it will happen at all.Saudi Aramco CEO SABIC deal would impact IPO timeline

“Aramco is ready for the initial offer and the timing remains subject to the state’s decision,” Nasser told Arabiya on Friday, reiterating a long-held position that leaves the final go-ahead with the royal court.Saudi Aramco CEO SABIC deal would impact IPO timeline

A key plank of Crown Prince Mohammed bin Salman’s plans to reform the Saudi economy, the Aramco IPO would be a seismic event for financial markets. Saudi officials said they hope to raise a record $100 billion by selling a 5 percent stake, valuing the company at more than $2 trillion. Such a deal would dwarf the $25 billion raised by Chinese retailer Alibaba Group Holding in 2014.Saudi Aramco CEO SABIC deal would impact IPO timeline

However, some analysts, including Sanford C Bernstein & Co and Rystad Energy, have suggested a figure closer to $1 trillion.Saudi Aramco CEO SABIC deal would impact IPO timeline

The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals. The potential deal between Aramco and Sabic could enable the sovereign fund to raise billions of dollars it had hoped to collect from Aramco’s stalled IPO.

Since Prince Mohammed announced the Aramco IPO plan in early 2016, Riyadh has been aiming to sell shares on the Saudi local market and perhaps overseas.

The international IPO is proving particularly difficult for several reasons. First, Prince Mohammed has said publicly Aramco should be valued at $2 trillion or more, a figure few outside the kingdom see as realistic.Saudi Aramco CEO SABIC deal would impact IPO timeline

Saudi authorities are also struggling to reconcile their desire for the biggest possible pool of capital, likely in New York or London, with their preference for less-stringent regulation, which would point to Hong Kong.Saudi Aramco CEO SABIC deal would impact IPO timeline

Aramco has hired several Wall Street banks, including HSBC Bank, Morgan Stanley and JPMorgan Chase & Co, which have been working for months to prepare the deal.

For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.Saudi Aramco CEO SABIC deal would impact IPO timeline

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Kelheim Fibres Viloft receives Lighthouse Award

Kelheim Fibres’ Viloft receives Lighthouse Award   Kelheim Fibres Viloft receives Lighthouse Award

The project called Bio-degradable wet toilet tissue with the viscose speciality fibre Viloft from the Bavarian viscose fibre manufacturer Kelheim Fibres has been awarded the Lighthouse by the Bavarian Environmental Cluster.Kelheim Fibres Viloft receives Lighthouse Award

Moist toilet tissue made with Viloft short cut fibres disintegrates rapidly in the sewage system as a result of the fibres’ special cross section and can therefore be conveniently disposed of via the toilet, the manufacturer explains. Since Viloft fibres consist of 100 % cellulose, such wipes are said to be completely biodegradable and do not pose a threat to either the waste water systems or the environment.Kelheim Fibres Viloft receives Lighthouse Award

Kelheim Fibres Viloft receives Lighthouse Award

The Lighthouse award is presented annually by the Environmental Cluster of Bavaria to outstanding projects in the field of environmental technology that have already been implemented and that are commercially viable.Kelheim Fibres Viloft receives Lighthouse Award

“We have been working with solutions for flushable wet wipes for more than ten years. Over this period effective products have been developed and we are proud that our fibres support the waste water management industry and help to protect the environment,” said Matthew North, Commercial Director at Kelheim Fibres.Kelheim Fibres Viloft receives Lighthouse Award

“Besides the technical solution, one of the big challenges is to increase consumer awareness for this topic – this Lighthouse award is a valuable contribution toward this goal and we are proud of having been selected as a model project.”

Kelheim Fibres is a leading producer of viscose speciality fibres and the important supplier of viscose fibres for the tampon industry. Around 90,000 tons of viscose fibres are produced and tested every year at Kelheim in South Germany. These are used in most diverse applications – from fashion, hygiene and medical products to nonwovens and speciality papers.Kelheim Fibres Viloft receives Lighthouse Award

www.kelheim-fibres.com

Author:
Innovation in Textiles

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Peak Oil Demand International Energy Agency IEA

Peak Oil Demand Could Be Less Than 2 Decades Away  Peak Oil Demand International Energy Agency IEA

A new forecast says oil demand will plateau in 2036, which is several years earlier than the view of many in the industry.  Peak Oil Demand International Energy Agency IEA

Global oil demand has expanded at a relatively steady pace for decades. At its current growth rate, global oil consumption will hit the 100-million-barrel-per-day (BPD) mark next year, up from 97.8 million BPD in 2017. According to most forecasts, including that of the International Energy Agency (IEA), demand should continue climbing until at least 2040 even with accelerated growth in electric vehicles.However, in a new estimate, energy industry consultancy Wood Mackenzie has pushed up that time frame by four years, and sees 2036 as the year that oil demand will peak. Driving its view is the expected accelerated adoption of autonomous electric vehicles, which it predicts will become widely accepted by 2035. While that would finally curb the world’s insatiable demand for oil, it won’t dry it up completely. Peak Oil Demand International Energy Agency IEA

 Peak Oil Demand International Energy Agency IEA

Image source: Getty Images.

Drilling down into the report

Wood Mackenzie’s long-term energy outlook sees a radical shift on the horizon. “Autonomous electric vehicles or robo-taxis will really change the face of transport in the coming decades,” according to its head of crude oil research, Ed Rawl. In Wood Mackenzie’s view, they should become commercial by 2030 and widely accepted by 2035. These vehicles will displace “a disproportionate amount of oil-based transport” and cause oil demand to stop its upward climb. Peak Oil Demand International Energy Agency IEA

But although Wood Mackenzie expects oil demand to plateau in 2036, it doesn’t expect demand for crude to dry up overnight. That’s because it will take years before gas-guzzling vehicles are off the road in developed countries, and even longer in developing nations. Add to that the fact that the world also uses oil to make jet fuel and as a key building block for plastics, and it will likely remain important to the global economy for years to come. Peak Oil Demand International Energy Agency IEA

 Peak Oil Demand International Energy Agency IEA

Image source: Getty Images.

Why you shouldn’t sell your oil stocks yet

While Wood Mackenzie’s view suggests the oil industry will face a major disruption a few years down the road, investors shouldn’t lose sight of the fact that the world will need a significant amount of oil between now and 2036. With demand expected to peak at more than 105 million BPD, according to the IEA, oil companies have their work cut out for them. They first need to drill enough new wells to overcome the natural decline rate of legacy fields as they deplete — which Wood Mackenzie expects will average 5% per year through at least 2020 — and even more to meet growing demand. In other words, the industry will need to invest hundreds of billions of dollars per year to keep up with the market’s needs. Peak Oil Demand International Energy Agency IEA

That will become increasingly difficult in the coming years because the industry slashed investment spending on large, long-term projects during its most recent downturn. In the IEA’s view, the industry could struggle to keep up. The agency is most worried about the supply picture after 2020, when it projects production growth from U.S. shale plays will start to slow down without enough long-term projects in the works to fill the gap. That scenario could trigger a significant spike in oil prices.

Some big oil companies are already beginning to ramp up spending in anticipation of the market’s need. ExxonMobil (NYSE:XOM) unveiled its long-term plan earlier this year. The oil giant expects to steadily increase spending, boosting it from $23.1 billion last year to $24 billion in 2018, before hitting $28 billion next year on its way to an average of $30 billion annually from 2023 to 2025. This investment should enable ExxonMobil to add an incremental 1 million barrels of oil equivalent per day (BOE/D) to its output by 2025, boosting it up to around 5 million BOE/D. Peak Oil Demand International Energy Agency IEA

However, others continue to hold back. Chevron (NYSE:CVX), for instance, expects to spend only about $18 billion to $20 billion per year on new oil wells even though oil prices are on the upswing; this range is slightly lower than its initial outlook that it would spend $17 billion to $22 billion per year on capital projects. Chevron revised its targets because it wants to improve its investment returns and generate free cash flow to cover its dividend, as opposed to pursuing all potential growth opportunities that come its way since they might ding returns. Chevron’s, and several other large producers’, lack of plans to ramp up spending could leave the industry ill-prepared to meet supply challenges that appear likely in the coming years, since demand should continue to grow for almost two more decades. Peak Oil Demand International Energy Agency IEA

Don’t miss the forest for the trees

The rise of autonomous electric vehicles could finally be the cure to get the world off its addiction to oil. However, while their ascension appears to be just over the horizon, we likely still have several years before they’ll make an impact. Thus, the oil industry seems to have plenty left in the tank, which could enrich investors in the coming years, especially since it’s looking increasingly likely we could endure another period of high prices in the not too distant future. Peak Oil Demand International Energy Agency IEA

ExxonMobil is not on our top “Buy” list, but these 10 stocks are
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They just shared what they think are the ten best stocks for investors to buy right now to members inside their service Motley Fool Stock Advisor… and ExxonMobil wasn’t one of them! That’s right — they think these 10 stocks are even better buys.

Matthew DiLallo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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Smart dress Innovations wearable tech clothing technology

Smart dress: Innovations in wearable tech   Smart dress Innovations wearable tech clothing technology

Southeast Asia non-dutiable PP falls supply lengthens

Southeast Asia non-dutiable PP falls as supply lengthens   Southeast Asia non-dutiable PP falls supply lengthens

Source:ICIS News

SINGAPORE (ICIS)–Spot prices of non-dutiable polypropylene (PP) cargoes in southeast Asia have been falling since mid-June as regional supply was boosted by capacity start-ups in Vietnam and Malaysia.Southeast Asia non-dutiable PP falls supply lengthens

Southeast Asia non-dutiable PP falls supply lengthensDownward price pressures may continue for non-dutiable cargoes in the near term, while sellers of dutiable material from the Middle East and India are not keen to adjust prices lower.

In the week ended 13 July, non-dutiable material stood at $1,290/tonne CFR (cost & freight) SE (southeast) Asia, down by $30/tonne from mid-June, according to ICIS data.Southeast Asia non-dutiable PP falls supply lengthens

Dutiable PP flat yarn prices, on the other hand, dipped $10/tonne over the same period to average $1,265/tonne CFR SE Asia, the data showed.

The price gap between the two has narrowed to $25/tonne last week, after staying at $50-60/tonne for the most part of 2017, according to ICIS data.

Southeast Asia non-dutiable PP falls supply lengthens

Spot prices of non-dutiable cargoes came under pressure with fresh supply hitting the market, following the start-ups of Nghi Son Refinery and Petrochemical’s (NSRP) 400,000 tonne/year plant in Vietnam and the 200,000 tonne/year facility of Lotte Chemical Titan in Malaysia.Southeast Asia non-dutiable PP falls supply lengthens

Deals for non-dutiable ASEAN-origin PP flat yarn grade cargoes were concluded at as low as $1,280/tonne CFR (cost & freight) Indonesia last week, for July shipments.

“Sales has been slow this month. We still have allocations left over from July that we have yet to clear,” a regional distributor said.Southeast Asia non-dutiable PP falls supply lengthens

Some ASEAN-based PP suppliers had to reduce offers for July- and August-loading cargoes in the week, sacrificing profits to secure more sales volumes.

Import availabilities from South Korea would also lengthen in the third quarter, with S-Oil expected to complete building an olefin downstream complex at its Onsan refinery in Ulsan, which will include a 405,000 tonne/year PP capacity.

In contrast, a number of Middle East suppliers were not under pressure to sell, with offers largely maintained at around $1,270/tonne CFR SE Asia.

In addition, Indonesia’s demand for dutiable PP cargoes picked up in July following the government’s issuance of annual import duty exemptions, market sources said.

Market players were shrugging off the narrowing of the price gap between dutiable and non-dutiable PP in southeast Asia.Southeast Asia non-dutiable PP falls supply lengthens

“We’re not overly worried …. While there might be an oversupply of ASEAN-origin materials in the short term, the market should adjust to the additional supply in the long term,” a southeast Asian producer said.Southeast Asia non-dutiable PP falls supply lengthens

Focus article by Leanne Tan

Picture: Sacks of rice. Polypropylene (PP) flat yarn is used in making sacks. (Source: KeystoneUSA-ZUMA/REX/Shutterstock)

By Leanne Tan
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Technology Profile Acrylonitrile Production Propylene synthetic fibers

Technology Profile: Acrylonitrile Production from Propylene   Technology Profile Acrylonitrile Production Propylene synthetic fibers 

By Intratec Solutions

This column is based on “Acrylonitrile Production from Propylene,” a report published by Intratec. It can be found at: www.intratec.us/analysis/acrylonitrile-e11a.

The highly reactive compound acrylonitrile (AN) contains a carbon-carbon double bond conjugated with a nitrile group. The chemical became important mainly after the 1930s, when it started to be used in the manufacture of synthetic fibers and rubbers.

The process

The following describes a process for acrylonitrile production from propylene (Figure 1).

Ammoxidation. Chemical-grade propylene, ammonia and compressed air are fed to a reactor, where an ammoxidation reaction (oxidation of propylene in the presence of ammonia and catalyst) occurs in the vapor phase, over fluidized catalysts. Internal coils remove reaction heat, used for generating steam.Technology Profile Acrylonitrile Production Propylene synthetic fibers

Separation. The reactor effluent is sent to a quench column, where unreacted ammonia is neutralized with sulfuric acid. The cooled effluent gas is partially condensed and transferred to a recovery column. The effluent gases are directed to a nitrile absorber, where acrylonitrile is absorbed in a chilled aqueous stream and transferred to the recovery column.Technology Profile Acrylonitrile Production Propylene synthetic fibers

In the recovery column, acetonitrile and water are separated from acrylonitrile and hydrogen cyanide. While partially purified acrylonitrile product is recovered from the column top, condensed and sent to the first decanter, most of the water is removed from the column bottom and recycled to the quench.Technology Profile Acrylonitrile Production Propylene synthetic fibers

Acetonitrile recovery. A liquid side stream is withdrawn from the recoery column, cooled and returned to the column. Because this stream contains mostly an acetonitrile-water azeotrope, part of it is sent to the acetonitrile stripper, where the acetonitrile-water mixture is distilled under vacuum to separate water and heavy organics, which are recycled to the quench, and a gaseous top draw comprising acetonitrile and water. This acetonitrile-water azeotrope is then distilled at high pressure into three phases: a bottoms product comprising mainly heavy impurities (this is discarded); an overhead stream where water is recovered; and an aqueous stream containing some acetonitrile. This stream is withdrawn from the top of the column and recycled to acetonitrile stripping. Here, high-purity acetonitrile is drawn off as a liquid sidestream.Technology Profile Acrylonitrile Production Propylene synthetic fibers

Purification. The condensed overhead product from the recovery column is fed to a decantation drum and separated into a higher-density phase, which is recycled to the column, and a less-dense phase, which is fed into the HCN column for the separation of HCN from acrylonitrile. The acrylonitrile-rich stream is transferred into the second decanter, in which the denser phase (mainly water) is withdrawn from the decantation drum and recycled to the recovery column. The less dense phase is transferred to acrylonitrile purification, where fiber-grade acrylonitrile product is withdrawn from a side-draw.

Technology Profile Acrylonitrile Production Propylene synthetic fibers

Technology Profile Acrylonitrile Production Propylene synthetic fibers

Production pathways

Most modern acrylonitrile production is based on vapor-phase ammoxidation of propylene, but there are alternative pathways (Figure 2).

Economic performance

The total operating cost (raw materials, utilities, fixed costs and depreciation costs) estimated to produce acrylonitrile was about $1,800 per ton of acrylonitrile in the second quarter of 2014. The analysis was based on a plant constructed in the U.S. with the capacity to produce 300,000 metric tons per year of acrylonitrile.

Edited by Scott Jenkins

Editor’s note: The content for this column is supplied by Intratec Solutions LLC (Houston; www.intratec.us) and edited by Chemical Engineering.

The analyses and models presented are prepared on the basis of publicly available and non-confidential information. The content represents the opinions of Intratec only. More information about the methodology for preparing analysis can be found, along with terms of use, at www.intratec.us/che.Technology Profile Acrylonitrile Production Propylene synthetic fibers

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Source : 

Starlinger milestone lamiTEC laminating woven plastic fabric

Starlinger reaches milestone   Starlinger milestone lamiTEC laminating woven plastic fabric

Published by David Rowlands, Assistant Editor
Source : World Fertilizer

Starlinger milestone lamiTEC laminating woven plastic fabricStarlinger has released a statement claiming that it has delivered its 100th lamiTEC for coating and laminating of woven plastic fabric.

The company developed lamiTEC for use on a variety of woven plastic fabrics. It is commonly applied for practical reasons such as tightness and shelf life.

In April 2018, Starlinger delivered the 100th lamiTEC to Fatima Packaging in Pakistan, which has been producing woven plastic sacks for fertilizer, sugar, rice, seeds, chemicals and other products on Starlinger machinery since 2012. Fatima Packaging not only uses the sacks to package its own products; it also supplies companies in Pakistan and Afghanistan with packaging material.Starlinger milestone lamiTEC laminating woven plastic fabric

The coating process on the lamiTEC MX ensures that the content of the woven bags is protected from external influences, such as moisture. The machine is part of a complete AD*STAR project.Starlinger milestone lamiTEC laminating woven plastic fabric

This means that the installed capacity of currently approximately 52 million sacks per year will be increased shortly.Starlinger milestone lamiTEC laminating woven plastic fabric

In addition to the coating line, the scope of supply comprises a tape extrusion line with automatic winders, as well as a printing line rollFLEX PX and a sack conversion line of the new generation ad*starKON HX.Starlinger milestone lamiTEC laminating woven plastic fabric

The conversion line is equipped with the option microSTAR+, which allows for efficient aeration of the sacks’ content through finest microperforation of the coated fabric.

Senior Extrusion Engineer Michael Aigner said: “The lamiTEC is a high speed coating and laminating machine capable of performing a fully automatic roll change.

“Apart from being efficient, this ensures consistently high coating quality.”

A special technical feature of the lamiTEC is the newly developed Starlinger edge trim refeed, which allows the customer to recycle not only common edge trims, but also a composition of fabric, coating, and BOPP film. This feature leads to a substantial reduction of the production waste that occurs throughout the laminating process.

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Japanese apparel firm selects Lectra fashion software

Japanese apparel firm selects Lectra’s fashion software  Japanese apparel firm selects Lectra fashion software  
Japanese apparel firm selects Lectra fashion software
Atsuhiko Nishizawa/Courtesy: Lectra

Kurabo International, Japan’s textile trading firm, has selected Lectra’s fashion software and hardware solutions.Japanese apparel firm selects Lectra fashion software  

Supporting the fashion and apparel industry, Lectra offers PLM and CAD software, cutting room solutions and expert services to develop garments, accessories and footwear. Kurabo is primarily engaged in manufacturing of textiles and chemicals.
Kurabo International owns and operates plants in China, Indonesia, Bangladesh, and Vietnam, but the company processes its most complex orders in Japan, where employees have the skills and experience required to handle delicate fabrics, intricate details, complicated patterns, and small-batch orders. Japanese apparel firm selects Lectra fashion software  

Hiroyasu Kamohara, chairman of the Board for Kurabo International said, “Manufacturing domestically is getting increasingly expensive, but keeping production going in Murakami and Takeda is important to us because it gives us more control over product quality. With Modaris, we can check colour and fit quickly and more accurately.”

“We save on time, labour, and materials because we now need 20 per cent less samples than before. Lectra has helped make our product-development process faster and more precise, so that we are still cost-efficient, despite the fact that our production costs are higher than if we were manufacturing overseas,” he added.

Kurabo’s Takeda factory was primarily staffed with highly skilled employees who did their cutting by hand, but many were reaching retirement age, with nobody to replace them. As their numbers dwindled, the yield rate for small-volume orders dropped, and cutting efficiency decreased. Kurabo decided to offset the skills gap left by its aging workforce with a CAM solution.Japanese apparel firm selects Lectra fashion software  

Pleased with the results they had achieved with Modaris, they added Lectra’s marker-making software Diamino and Vector fashion cutting machines to their operation.n software  
Diamino’s optimised markers, coupled with the Vectors’ speed and precise, zero-buffer cutting, improved quality, and reduced fabric waste. With Vector’s easy handling, fewer people were needed to manage the cutting process.Japanese apparel firm selects Lectra fashion software  
The product-development and production processes in Takeda and Murakami are smoother than ever, and overall efficiency at the factories has increased by more than 10 per cent. (GK)

Fibre2Fashion News Desk – India

Repsol Best European Polypropylene Producer 2018

Repsol Best European Polypropylene Producer 2018  Repsol has been awarded for the third consecutive year by EuPC, the European Plastic Converters association

Repsol Best European Polypropylene Producer 2018Repsol has been awarded for the third consecutive year by EuPC, the European Plastic Converters association. It is a great satisfaction for Repsol that its clients recognize the evolution they are carrying out to place the client in the centre of all their decisions.

Repsol has been bestowed the “PP Best Polymer Producer Award for Europe 2018″. This award is the result of an online survey carried out by EuPC among polymers customers across Europe to rate their supplier’s performance. Repsol was represented during the award ceremony by Rafael Jiménez, Polyolefins Business Director, and Iñigo Rengifo, Polypropylene Director.

It is the third consecutive year that Repsol has received a similar award, having been selected as the “HDPE Best Polymer Producer for Europe” in 2017 and 2016, and bestowed with the overarching award on INNOVATION covering all polymer types in 2016.

Once again, Repsol has expressed its immense satisfaction at receiving this award, especially since it comes from its customers.Repsol Best European Polypropylene Producer 2018  

This is for Repsol a recognition that reinforces the vision and principles that the company has been promoting to differentiate itself by demonstrating that the client is its most valuable asset and establishing the fulfilment of its commitments as its basic principle of action.Repsol Best European Polypropylene Producer 2018  

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Africa polymer prices expected soften August

Africa polymer prices expected to soften in August as sentiment weakens    Africa polymer prices expected soften August 

 Source:ICIS News

LONDON (ICIS)–African polyethylene (PE) and polypropylene (PP) prices have been stable this week but sentiment is weakening and many players are now expecting prices to soften.Africa polymer prices expected soften August  

Supply levels have improved across all grades, although some, especially linear low density polyethylene (LLDPE) were already plentiful.

Raffia and high density polyethylene (HDPE) have both recently been tight.

Africa polymer prices expected soften August

Demand remains subdued in the midst of a traditional summer lull and the continuing rainy season across east and west Africa.Africa polymer prices expected soften August

Price stability is being maintained by a lack of new offers on the market.

Middle Eastern producers have completed June allocations.

Most buyers are now holding off purchasing until August.

Expectation is that suppliers from the Middle East will offer lower prices but, until then, they are unwilling to make purchases for fear of missing out on larger discounts.

A weakening Asian market is expected to play a major role in August offers in Africa.

Prices are not expected to change for the remainder of July, despite some lower offers being made.Africa polymer prices expected soften August

A supplier said that it was already willing to discount current prices up to $20-40/tonne, depending on product, in an effort to move stock.Africa polymer prices expected soften August

The direction of the market is likely to remain vague until August offers have been released.

Africa polymer prices expected soften August

Focus article by Ben Lake

By Ben Lake
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Spot prices benzene Europe fell oil quotes

Spot prices of benzene in Europe fell against the backdrop of falling oil quotes    Spot prices benzene Europe fell oil quotes

Spot prices benzene Europe fell oil quotesMOSCOW – The spot price offers of benzene, as well as the counter offers of buyers in the European market fell on July 17 after the fall of crude oil quotations, ICIS sources told the market.Spot prices benzene Europe fell oil quotes

So, in the middle of the day the July price range for the material was USD865-875 per tonne, and for the August deliveries it dropped to USD850-865 per ton. For September, the same quotes were announced at USD845-865 per ton.

Crude oil prices fell in the morning on the back of fears of a slowdown in the growth in oil demand in China.Spot prices benzene Europe fell oil quotes

On Monday, July 16, spot quotes of benzene were in the range of USD875-885 per tonne for July shipments, and for August made USD865-875 per ton.

Demand for benzene is either stable or declining in Europe and largely corresponds to expectations due to the approaching summer vacation period.

All prices are stated on the terms of delivery of CIF ARA (Antwerp-Rotterdam-Amsterdam).

Benzene is the 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 Price Review of ICIS-MRC , prices on the Russian market of the PS remained unchanged last week.Spot prices benzene Europe fell oil quotes

According to some market participants, the demand and supply of the Nizhnekamsk material are balanced. A calm situation in foreign markets at the beginning of the third quarter allows us to talk about the prolongation of July prices in August as the most likely scenario.

mrcplast.ru

Author:                Margarita Volkova

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Oil Prices Rebound Saudis Expect Reduced Exports

Oil Prices Rebound As Saudis Expect Reduced Exports In August   Oil Prices Rebound Saudis Expect Reduced Exports

Source : Oilprice

Oil Prices Rebound Saudis Expect Reduced Exports

Saudi Arabia is expecting a reduction in crude oil exports next month, despite earlier signs that Saudi Arabia—and Russia—have started to raise production even before the June 22 meeting with OPEC that sought to address the shrinking global oil supply and corresponding rising prices.Oil Prices Rebound Saudis Expect Reduced Exports  

Saudi Arabia is now expecting crude oil exports to dip by 100,000 bpd in August, according to a Reuters report, after yesterday reports that OPEC had increase production to more closely reflect the production cut agreement forged at the end of November 2016. While it initially took a while for OPEC members to gain traction in cutting production to the agreed upon levels, soon OPEC was over-complying thanks to additional cuts from Saudi Arabia and Venezuela..Oil Prices Rebound Saudis Expect Reduced Exports  

Earlier reports had President Donald Trump just weeks ago asking Saudi Arabia to increase oil production to make up for shortfalls in Venezuela as well as anticipated shortfalls in Iran as we close in on November when the US sanctions against Iran take effect.

President Trump took to Twitter in late June, when oil prices were on the rise as many feared tightening oil supplies. “Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference…Prices to high! He has agreed!”.Oil Prices Rebound Saudis Expect Reduced Exports  

With or without Trump’s participation in Middle Eastern oil matters, Saudi Arabia looked ready to increase production, with days earlier reports showing that it was planning a record production level in July of 10.8 million bpd—Saudi Arabia’s highest level—as it sought to raise exports in an effort to calm market fears that the market was overtightened..Oil Prices Rebound Saudis Expect Reduced Exports  

But today, Adeeb Al-Aama, Saudi Arabia’s OPEC governor, said that the Kingdom’s July crude oil exports would be similar to June’s, and that August’s exports would be 100,000 bpd below that. These export figures do not match what is thought to be Saudi Arabia’s record oil production in July, or the cartel’s earlier commitment to raise oil production—and theoretically, exports—to cool oil prices..Oil Prices Rebound Saudis Expect Reduced Exports  

OPEC’s commitment in June was to bring compliance to the OPEC production cut deal closer to 100%–which would equate to about a 1 million bpd increase in production.

WTI was trading up 0.35% at $67.99 on the news, with Brent crude still trading down 0.82% at $72.30 at 2:24pm EDT..Oil Prices Rebound Saudis Expect Reduced Exports  

By Julianne Geiger for Oilprice.com

Related Topics

-Novak Blames US Trade War for Current Crude Oil Prices   Novak Blames USA Trade War Current Crude Oil Prices

LANXESS €500m North America 2022 engineering plastics automotive

LANXESS to invest €500m in North America through 2022    LANXESS €500m North America 2022 engineering plastics automotive  

Source:ICIS Chemical Business

LANXESS produces engineering plastics for the automotive industry at its site in Gastonia, North Carolina, US  LANXESS €500m North America 2022 engineering plastics automotive

Germany-based LANXESS is set to invest around €500m in North America through 2022 to upgrade sites and expand capacity mainly through brownfield expansions, its CEO said.

“In North America we plan to upgrade our asset footprint. At many sites we will upgrade process technologies and consider some significant capacity expansionsm,” said CEO Matthias Zachert in an interview with ICIS.

“We are running detailed feasibility analysis and will make announcements in the next 12-18 months,” he said.LANXESS €500m North America 2022 engineering plastics automotive

At El Dorado, Arkansas, US – its largest site in North America which also includes the second-largest bromine reservoir in the world – LANXESS plans to invest €50m to expand derivatives capabilities.LANXESS €500m North America 2022 engineering plastics automotive

“Here we take bromine out of the ground, and produce derivatives such as innovative flame retardants, primarily for polystyrene (PS) foam insulation used in buildings, which reduces CO2 emissions,” said Zachert.

Along with flame retardants, lubricant additives is another core pillar for LANXESS and an area which could see significant capital investment, he noted.

“We also like urethane solutions which we acquired from Chemtura, and would equally consider expansions in the polyamide value chain,” said Zachert.

An expansion in urethanes or polyamide would likely take place at the company’s Gastonia, North Carolina, site, which produces castable urethane pre-polymers for products in the recreational and industrial markets, as well as two lines for engineering plastics compounding.LANXESS €500m North America 2022 engineering plastics automotive

“In Gastonia we onboarded [a second compounding line] two years ago, and are considering adding a new line,” said Zachert.

LANXESS €500m North America 2022 engineering plastics automotive

POLYAMIDE CHAIN

In polyamide, “new products we launched in the last few years have been well received by the auto industry”, the CEO said.

LANXESS produces the entire polyamide 6 (PA 6) value chain, from caprolactam to PA 6 base resin to the specific formulated engineering plastic product by adding additives and glass fibres.

However, in PA 6,6, it buys the PA 6,6 base resin and adds compounding technology to produce engineering plastics.LANXESS €500m North America 2022 engineering plastics automotive

With the shortage in PA 6,6 amid force majeures and price escalation, customers are becoming eager to test PA 6 products, noted the CEO.

“The trend has been accelerating in the past 3-6 months, where customers, even in Asia and Japan where they have long been sticking with existing [PA 6,6] formulations, are asking about switching [to PA 6],” said Zachert.

PA 6 and PA 6,6 engineering plastics are “relatively similar due to technology enhancements in additives such as flame retardants, antioxidants and glass fibres”, he added.LANXESS €500m North America 2022 engineering plastics automotive

The North American market, largely from legacy DuPont technology, has been based more on PA 6,6 while the European market has primarily featured PA 6, he said.

LANXESS €500m North America 2022 engineering plastics automotive

ELECTRIC VEHICLE IMPLICATIONS

On the emergence of the electric vehicle, which requires far less high temperature resistant engineering plastics than traditional combustion engines, LANXESS sees the positive lightweighting aspect of its plastics outweighing (so to speak) the negative related to less need on the temperature side.

“Clearly we see this coming as we’ve seen a lot of activity in the last two years among Tier 1 and 2 [automotive suppliers]. We will see an acceleration in e-mobility from 2020 onward,” said Zachert.LANXESS €500m North America 2022 engineering plastics automotive

“With e-mobility, lighter weight is far more important because the battery is heavy, and the performance on distance is not there yet. So we performed a detailed analysis and implication for PA, and concluded it is a net positive for our business,” he added.

ADVANCED INTERMEDIATES

While flame retardants, lubricant additives and the polyamide value chain are key areas for North America investment, one should not rule out advanced intermediates, said the CEO.LANXESS €500m North America 2022 engineering plastics automotive

“There’s a possibility with the acquired Chemtura asset base that we can expand in intermediates. We have a nice DPA (diphenylamine) joint venture business with Huntsman called Rubicon in Geismar, [Louisiana],” said Zachert.

DPA is used as an antioxidant for lubricants as well as an intermediate for dyes, agrochemicals, pharmaceuticals, and rubber and plastic additives.

TRADE CONSIDERATIONS

LANXESS is planning to make these North American investments even as the US is ratcheting up trade disputes with China, the EU, Mexico and Canada, among other nations.

“It is a concern from a macro standpoint. If we suddenly end up in a trade war, the world would be hurt substantially,” said Zachert.

“From the El Dorado, Arkansas facility, over 50% of the profitability is generated outside the US. If we were to lose our export opportunity to the EU, and China, it would play into the hands of competitors. It is difficult to recapture business after supply chains have changed,” he added.LANXESS €500m North America 2022 engineering plastics automotive

However, the CEO is optimistic on the eventual outcome of the trade disputes.

“History teaches us that trade wars are lose-lose and that they do not increase local production. Our base case is that politicians find solutions and that we continue with our [capital spending] strategy,” said Zachert.

“However if there are no solutions, then we will adapt and adjust – we won’t just keep walking in the wrong direction,” he added.

M&A STRATEGY

LANXESS already expanded its footprint in North America in a big way through its €2.4bn acquisition of US-based specialty chemicals company Chemtura in April 2017. It also acquired US-based Chemours’ clean and disinfect business for €210m in September 2016, then most recently Solvay’s phosphorus additive business in February 2018.

Through these acquisitions, LANXESS has doubled its number of sites in North America to 24, offering many more opportunities to upgrade and optimise operations.

“For the former Solvay phosphorus chloride operations in Charleston, South Carolina, we have technology in Europe where we can now bring innovative derivative products in flame retardants and also polymer additives to market,” said Zachert.

Going forward, LANXESS is gearing up for more deals in its key business sectors.

“The operational integration of Chemtura was completed in 2017, so we are open for M&A. We are preparing many strategic ideas, and will see what opportunities might be best for us,” said Zachert.LANXESS €500m North America 2022 engineering plastics automotive

“We like all four pillars for the new LANXESS. There is no pillar where we are uninterested,” he added.

The four pillars of the “new LANXESS” are Advanced Intermediates, Specialty Additives, Performance Chemicals and Engineering Materials. The new LANXESS excludes ARLANXEO, its 50/50 synthetic rubbers joint venture with Saudi Aramco.

“We will not shy away from big acquisitions, but the likelihood is higher for bolt-ons and mid-size deals,” said Zachert, who considered Chemtura a mid-size deal.

LANXESS was reported in the media to be one of the bidders for AkzoNobel’s specialty chemicals business, partnering with Dutch pension fund PGGM.

The Carlyle Group and GIC eventually won the deal for €10.1bn.

On divestitures, LANXESS has flagged its leather chemicals business for restructuring, which is expected to take one to two years, followed by a potential partnership, said Zachert. The ARLANXEO venture is under a five-year lock-up agreement, of which 2.5 years is left. After this, the partners will decide on the next step, unless they decide to make a move earlier.LANXESS €500m North America 2022 engineering plastics automotive

The CEO calls LANXESS’ pharmaceutical and agrochemical custom synthesis business Saltigo a “great business” that has emerged from an agricultural sector trough in relatively good shape.LANXESS €500m North America 2022 engineering plastics automotive

“When ag returns, this will be a good business. We have great technology here,” said Zachert.

CAPITAL DISCIPLINE

LANXESS will remain disciplined in its plan to spend €500m in capital in North America through 2022, said the CEO.

“We have been very disciplined in investments in the past under my management and [equity] analysts and investors have seen nice financial returns,” said Zachert.

“Before this, a greenfield project in synthetic rubber would cost over €400m. In the new LANXESS, greenfield sites will not reach this level of magnitude,” he added.

LANXESS overall plans to spend €450-500m in capital worldwide in 2018.

By Joseph Chang
Related Topics

UNITED CAPS Opens New €20m Factory Rotherham UK

UNITED CAPS Opens New €20m Factory in Rotherham, UK    UNITED CAPS Opens New €20m Factory Rotherham UK

From its headquarters in Wiltz, Luxembourg, UNITED CAPS, an international manufacturer of caps and closures, today announced it will be constructing a new manufacturing plant in Dinnington, Rotherham, UK, as part of the company’s ‘Close to You’ strategy.

The initial facility will be 5,000 m2, with an option to expand to 20,000 m2 as business growth demands.

Production is expected to begin at the end of 2019 and will initially focus on beverage and dairy closures, with options to add additional segments as needed. This project represents an estimated €20 million investment including the first phase of machinery and is expected to increase group turnover by 15% in phase one and will initially employ 20 staff.UNITED CAPS Opens New €20m Factory Rotherham UK

This expansion to the United Kingdom is in response to increasing demand there for our products,” said Benoit Henckes, CEO of UNITED CAPS. “We chose Rotherham because of its central location along the M1, available technical skilled people and the reasonable cost of land in that area. This will be our first plant in the United Kingdom, and we are looking forward to working closely with the Rotherham Council as the project proceeds.”

We are excited to have a company of the quality of UNITED CAPS joining our community,” said Chris Read, Leader of Rotherham Council. “We look forward to working with them to ensure a timely completion of the new factory, as well as future expansions as their business needs dictate. The beginning of operations means 20 new jobs almost immediately, and the welcome news that we can be hopeful there will be many more jobs to come for dedicated local people in the future.”UNITED CAPS Opens New €20m Factory Rotherham UK

Manufacturing Strategy

UNITED CAPS conducted a number of market studies leading up to the selection of the Dinnington site. Henckes added, “Our studies reflected that demand was highest for beverage and dairy closures. More specifically, we will focus on the production of plastic closures for flat and medium carbonated drinks as well as fruit juices and dairy products in PET bottles. Of course, our customers in the United Kingdom will have access to our full portfolio of caps and closures, as well as to the expert resources in our Messia R&D facility.”UNITED CAPS Opens New €20m Factory Rotherham UK

Following the success of UNITED CAPS Irish plant in Greystones, plant director Paul Gorry will oversee the Rotherham plant as well. He has been Greystones’ plant director for eight years and was involved in the construction of the plant at Greystones and the transfer of the production lines to the new plant in Dinnington.

Cllr Read added: “This development is further confirmation of the attractive location that Rotherham has become for investors, with United Caps sitting alongside McLaren Automotive, Rolls-Royce, Boeing, Siemens, Forgemasters and others. The Council and Local Together Partnership are working to give businesses the confidence to invest in jobs, homes and developments within Rotherham and it’s resulting in Rotherham becoming one of the fastest growing local economies in the country. As the economy continues to grow we can look forward to seeing more local people in highly skilled and entrepreneurial jobs, and Rotherham becoming a quality place to live and work, with a strong transport, digital and environmental infrastructure.”UNITED CAPS Opens New €20m Factory Rotherham UK

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EMEA petrochemical outlook cracking European petchems Asian petrochemicals market outlook, w/c Jun 25 – Asian petrochemicals market outlook aromatics olefins polymers 

EMEA petrochemical outlook  EMEA petrochemical outlook cracking European petchems 

H2 2018

Source : www.platts.com/petrochemicals

Contents

EMEA petrochemical outlook cracking European petchems

Foreword 2

Will light cracking help European petchems retain margins, despite US imports? 2

Long US supply to shift global methanol trade flows, Asia remains tight 5

Anti-dumping duties, EC investigations to drive European styrene 7

Europe addresses the paraxylene question 9

Supply length and marginal exports point to weak H2 for European MTBE 10

European PET crunch extends to Q4 as PTA challenges persist 11

Post-election polymers market stability could prove illusory for Turkey 13

Special report: Petrochemicals EMEA petrochemical outlook

© 2018 S&P Global Platts, a division of S&P Global Inc. All rights reserved. 2

FOREWORD

New global supply will continue to set the tone for European petrochemicals in the second half of the year while economic fences being built across the globe bring trade flow uncertainty.EMEA petrochemical outlook cracking European petchems

The long-awaited cracker and methanol capacities in other corners of the world are finally starting up and are already sending ripples to Europe.

The impact translates far and wide: from delays to counterintuitive run rate decisions to further scrutiny of contract price mechanisms, massive inter-regional price gaps and deterioration of producer margins.EMEA petrochemical outlook cracking European petchems

Amid the turbulence however opportunities are emerging. Ineos’ announcement that it plans to build a propane dehydrogenation plant and the first new cracker in Europe for two decades shows that the company is looking to catchthe wave of cheap feedstock gas.

Trade flows will continue to shift as major economies pursue ever more protectionist policies. The Trumpadministration’s latest round of proposed tariffs on Chinese goods includes a long string of petrochemicals, both raw materials and items made from plastic resins, with the US-China trade war showing no sign of abating.

Styrene looks to be first in line for trade flow upheavalon the European horizon. New trade routes will establish in the second half of the year as a result of China’s antidumping duties on styrene imports from South Korea, Taiwan and the US.

Higher EU exports to China and a surge in EU imports of US and South Korean volumes are expected, notwithstanding significant logistical challenges.

The European paraxylene market is also set for fluctuating trade flows amid a regional demand hike downstream.EMEA petrochemical outlook cracking European petchems

Some see potential for Europe to flip from net exporter to net importer of PX following the restart of Indorama’s Sines PTA plant in Portugal.EMEA petrochemical outlook cracking European petchems

It is unclear for now whether the plant’s feedstock needs can be met by local production alone, but there’s no doubt that the region’s PX supply surplus will subside.

Longer term, burgeoning environmental consciousnessis contributing to fundamental change in European plastics.EMEA petrochemical outlook cracking European petchems

The first six months of 2018 witnessed a torrentof company commitments to reduce the use of singleuseplastics and increase recyclability of and recycledcontent in packaging.

Although it is unlikely that any major switches will happen in the second half of this year, the pressure is mounting.EMEA petrochemical outlook cracking European petchems

—Anna Crowley, Bao Ying Ng and Maria Tsay

Olefins and feedstocks

Will light cracking help European petchems retain margins, despite US imports?

  • Crackers to continue maxing light cracking amid gas/liquid divergence
  • Co-products tightness to outweigh ethylene length in run rate decisions
  • Butadiene may change course as Asian maintenances end

European olefins and polymers will be driven by US shale in the second half of 2018. And, the impact will be two-pronged.EMEA petrochemical outlook cracking European petchems

Firstly, long-anticipated supplies of polymers, manufactured from shale gas in the US, are expected to finally hit the European shores over the next few months.

Such imports have been awaited by the European petrochemicals industry for more than a year and are likely to dent into profits of companies on this side of the Atlantic.

Secondly, as European petrochemical producers face stiffer competition from overseas they are likely to choose cheaper feedstocks in an attempt to preserve their margins,especially if the oil prices continue to be firm.

Hence, light cracking will continue to shape European olefins marketsover the next six months.EMEA petrochemical outlook cracking European petchems

Together these two trends will probably mean that there will be too much ethylene available in Europe, while the supplies of its co-products, such as propylene and butadiene, will be chronically tight.EMEA petrochemical outlook cracking European petchems

Despite maximizing the use of cheaper feedstocks, steam crackers in Europe will continue to operate on significantlynarrower margins compared to the past few years.

The snug supplies of co-products however are likely to prevent crackers from reducing run rates in an attempt to manage swelling ethylene stocks, and other regions, Asia in particular, will serve as an exhaust valve for the European C2 surplus.

With little to suggest a change in the region’s olefins pricing mechanisms, it is possible that spot and monthly contract prices will continue to diverge, as the former closely tracks the markets’ fundamentals and the latter is used as a hedge against the feedstock price fluctuations.EMEA petrochemical outlook cracking European petchems

Cheaper means lighter Crude oil prices have seen a considerable increase earlier this year, with Brent futures breaching the psychologically important $80/b mark in May and approaching it since.

More expensive crude pushed oil products, including naphtha, higher.

Read more

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Prices MEG fell Asia decline oil quotations

Prices MEG fell in Asia on the background of a decline in oil quotations   Prices MEG fell Asia decline oil quotations

 

Prices MEG fell Asia decline oil quotationsMOSCOW  – Price proposals for monoethylene glycol (MEG) in Asia declined on July 17, after a sharp drop in oil futures on the previous day, ICIS reported.Prices MEG fell Asia decline oil quotations 

So, the MEG proposals at the end of the day on July 17 were USD895-900 per ton, CFR CMP (main port of China) against counter offers of buyers at USD890-895 per tonne, CFR CMP.

According to ICIS, on July 16, MEG quotes were in the range of USD905-911 per tonne, CFR CMP.Prices MEG fell Asia decline oil quotations 

The recent decline in oil quotations lowered buying activity in the downstream sector in polyester production and led to a slowdown in sales, which subsequently put downward pressure on MEG prices.Prices MEG fell Asia decline oil quotations 

MEG is one of the main raw materials for the production of polyethylene terephthalate (PET).Prices MEG fell Asia decline oil quotations 

According to the Price Review of ICIS-MRC , the situation in the Russian injection molded PET market changed sharply in July. The downward price trend in the domestic spot market of PET granules last week increased against the backdrop of a decline in peak demand for Russian granules. The material prices of Chinese plants are going down for the fifth week in a row.

mrcplast.ru

Author:                Margarita Volkova

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– Sabic lowered the August contract price of MEG for Asia by USD25 per tonne    Sabic lowered August contract price MEG Asia 

GK Titan project creation manufacture PET polymer processing

GK “Titan” has started the realization of the project of creation of manufacture of PET    GK Titan project creation manufacture PET polymer processing

GK Titan project creation manufacture PET polymer processingMOSCOW – The group of companies “Titan”, whose structure includes the Omsk polypropylene plant (PP), Polyom, has launched a project to create a PET production and polymer processing, the company said.

Issues related to the implementation of the project Titan GC (Omsk) for the creation of a complex for the production of polyethylene terephthalate (PET) and processing of polymers in the Moglino SEZ of the Pskov Region were discussed during the working meeting by Russian Prime Minister Dmitry Medvedev and the provincial governor of Pskov Mikhail Vedernikov.

The group of companies “Titan” at the first stage invests in the project for the production of PET and processing of polymers about 13 billion rubles.

“The implementation of the project will provide the Pskov region with the creation of about 500 jobs, and will also give impetus to the development of related industries, which in turn will lead to an improvement in the business climate in the region and increase its investment attractiveness.GK Titan project creation manufacture PET polymer processing  

” We have already started the project to create a high-tech a complex for the production of polyethylene terephthalate and processing of polymers in the territory of the SEZ “Moglino.”GK Titan project creation manufacture PET polymer processing  

This is a modern and highly ecological enterprise that will produce products that are in demand in food, medicine  GK Titan project creation manufacture PET polymer processing  

Earlier it was reported that in February of this year, a group of companies “Titan” and the government of the Omsk region signed a memorandum with Vnesheconombank on the implementation of the project to create the production of bisphenol A (BFA) and epoxy resins.

ZAO GK Titan is a Russian corporation, one of the largest companies in the CIS engaged in the production and marketing of synthetic rubber, phenol, as well as developments in the field of biotechnology.GK Titan project creation manufacture PET polymer processing  

The petrochemical cluster of GC Titan includes OJSC Omsky Kauchuk, one of the leading Russian producers of synthetic rubber, and Omsk polypropylene plant LLC “Polyom”.

mrcplast.ru

Author:                Anna Larionova

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Alpek expects Mexico PTA restart four eight weeks

Alpek expects Mexico PTA restart in four to eight weeks   Alpek expects Mexico PTA restart four eight weeks

Source:ICIS News

HOUSTON (ICIS)–Alpek estimates that it will be able to restart its Petrotemex purified terephthalic acid (PTA) plant in four to eight weeks following a 15 July fire, CEO Jose Valdez said on the Mexican company’s second-quarter conference call on Thursday.

Alpek expects Mexico PTA restart four eight weeks“We are leaning more toward the lower end of the range,” he said. “We are relatively optimistic that we can restart the plant in this 4-8 week period.”

Valdez confirmed that both 500,000 tonne/year lines are shut down.

The fire’s damage was largely contained to wiring, piping, valves and pumps, he said, adding that Alpek had most of the damaged parts on hand and that any parts it did not have it has been able to secure.

“Major equipment is in good shape, as well as the structures in the plant,” he said.

Alpek is working to mitigate the potential effect on customers. Valdez said that the PTA facility’s largest customer will align its maintenance shutdown with the outage and that Alpek will move up its planned shutdown for the PTA facility itself from the originally scheduled October.Alpek expects Mexico PTA restart four eight weeks  

“If we can accomplish this one-month objective, we will be able to help multiple customers not have a significant impact,” he said.Alpek expects Mexico PTA restart four eight weeks  

Sunday’s fire sent another shockwave through already tight downstream polyethylene terephthalate (PET) markets, which were beginning to gain a sense of reprieve as peak season winds down across the globe.Alpek expects Mexico PTA restart four eight weeks  

Participants expect some loss of material as a result of the fire, although impacts remain unclear at this point.Alpek expects Mexico PTA restart four eight weeks  

The plant supplies a number of PET resin plants in the Americas: the nearby M&G plant, DAK Americas’ Pearl River site in Mississippi and various other plants in Mexico and South America. It also exports to European polyester producers.

Pictured above is Alpek’s (Petrotemex) plant site in Altamira, Mexico. (Photo by Alpek)

By Amanda Hay
Related Topics

CARBIOS Genuine Revolution Biorecycling PET Based Plastics

CARBIOS Pursues Its Genuine Revolution in the Biorecycling of PET Based Plastics  CARBIOS Genuine Revolution Biorecycling PET Based Plastics

  • Time of PET hydrolysis reduced by one-third: 97% conversion in 16 hours
  • Pilot-scale of PET hydrolysis now carried out in a reactor of 1,000 liters

CLERMONT-FERRAND, France–(BUSINESS WIRE)–Regulatory News:

“These developments are notable improvements. They reinforce the attractiveness of our technology in a market strongly in demand of eco-friendly solutions. CARBIOS now has all the strengths it needs to become a key player in the circular economy. We will be there to meet brand-owners sustainability commitments.”

Tweet this

CARBIOS Genuine Revolution Biorecycling PET Based PlasticsCARBIOS , pioneer company in the field of bioplasturgy, announces new results in the optimization of its biorecycling process of waste PET plastics. The hydrolysis of PET plastics into their original building-blocks now reaches a conversion rate of 97% in only 16 hours.

Last April, CARBIOS had already divided by three the time of PET hydrolysis by achieving a conversion rate of 97% in 24 hours. These new results confirm and strengthen the industrial competitiveness of CARBIOS enzymatic biorecycling process for the transformation of waste PET plastics into new virgin plastics.

At a time when the largest global players have shown a strong commitment to incorporate up to 100% of postconsumer recycled plastics in their products by 2025, CARBIOS is at the forefront of meeting these ambitions and to engage a genuine revolution in the lifecycle of plastic products.CARBIOS Genuine Revolution Biorecycling PET Based Plastics

By pursuing the optimization of its proprietary enzymes, with the teams of the Laboratory of Biological Systems and Process Engineering (LISBP) and Toulouse White Biotechnology (TWB), CARBIOS reaches a unprecedent conversion rate in the enzymatic recycling of waste PET plastics.CARBIOS Genuine Revolution Biorecycling PET Based Plastics

These results come along with the PET hydrolysis scale-up at pilot stage, which is now carried out in a reactor of 1,000 liters, in collaboration with CRITT Bio-Industries.

Alain MARTY, Chief Scientific Officer of CARBIOS comments: “Our solution will enable manufacturers to produce bottles and plastic packaging made at 100% from postconsumer recycled plastics.CARBIOS Genuine Revolution Biorecycling PET Based Plastics

It is a real revolution that we are engaging with this biological pathway. Enzyme performance optimization is our core business and our latest generation of enzyme is even more active and thermostable.CARBIOS Genuine Revolution Biorecycling PET Based Plastics

The kinetics reached will allow us to take another important step by developing a process with improved economic performance.

Martin STEPHAN, Deputy CEO of CARBIOS adds: “These developments are notable improvements.CARBIOS Genuine Revolution Biorecycling PET Based Plastics

They reinforce the attractiveness of our technology in a market strongly in demand of eco-friendly solutions. CARBIOS now has all the strengths it needs to become a key player in the circular economy. We will be there to meet brand-owners sustainability commitments.

About CARBIOS:

CARBIOS is a green chemistry company whose innovations provide solutions to the environmental and sustainable development issues that manufacturers currently face. Since its founding in 2011, the company has developed two industrial-scale biological processes for the biological breakdown and recycling of polymers.

These unique innovations help optimise the performance and life cycle of plastics and textiles by capitalizing on the properties of specially selected enzymes.

CARBIOS’s economic growth model is based on the industrial roll-out and sale of its products, enzymes, technologies and biological processes through direct licence agreements or joint ventures, to major players in the fields to whom they would most benefit.

To that end, CARBIOS founded the joint venture CARIOLICE in 2016, in partnership with Limagrain Céréales Ingrédients and the fund SPI, run by Bpifrance. This company, in which CARBIOS holds a controlling share, will market the first technology licensed by CARBIOS by producing enzyme pellets used in the production of biodegradable and bio-sourced plastics.

Since its founding, CARBIOS has been backed by Truffle Capital, a European investment capital player. CARBIOS qualifies as an “Innovative Company” according to Bpifrance, which makes the company’s shares eligible for inclusion in innovation-focused mutual funds (FCPIs). For more information, please visit: www.carbios.fr

CARBIOS is also eligible for inclusion in French SME share savings accounts (PEA-PMEs).

This press release does not constitute and cannot be regarded as constituting an offer to the public, an offer to sell or a subscription offer or as a solicitation to solicit a buy or sell order in any country.

Translation for information purposes only. In case of discrepancy between the French and the English version of this press release, the French version shall prevail.

Contacts

CARBIOS
Benjamin Audebert, +33 (0)4 73 86 51 76
Investor Relations
contact@carbios.fr
or
ALIZE RP
Press Relations
Caroline Carmagnol / Wendy Rigal
+33 (0)1 44 54 36 66 / +33 (0)6 48 82 18 94
carbios@alizerp.com

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Saudi Aramco acquisition petrochemical maker SABIC

Saudi Aramco exploring acquisition of stake in petrochemical maker SABIC   Saudi Aramco acquisition petrochemical maker SABIC

Source : London (Platts)

Saudi Aramco acquisition petrochemical maker SABICState-owned oil giant Saudi Aramco said Thursday it is considering acquiring a stake in Saudi Arabia’s petrochemical manufacturer Saudi Basic Industries Corporation, or SABIC, as it seeks to boost its downstream presence while it considers a public listing.

In a statement, Aramco said it is “engaged in very early stage discussions” with the Saudi government’s sovereign wealth fund, the Public Investment Fund, to acquire “a strategic interest in SABIC by way of a private transaction.”Saudi Aramco acquisition petrochemical maker SABIC

“These discussions are preliminary and there is no certainty that any such transaction will take place,” Aramco said, adding that any deal would not involve SABIC’s publicly held shares.Saudi Aramco acquisition petrochemical maker SABIC

SABIC is Saudi Arabia’s largest publicly listed company, with the government still holding 70% of its shares and 30% traded on the Saudi stock exchange, the Tadawul.

Aramco has an aggressive plan to boost its downstream footprint to 10 million b/d of throughput over the next few years, up from its current refining capacity of some 5.4 million b/d.Saudi Aramco acquisition petrochemical maker SABIC

To that end, it is aiming to invest $414 billion over 10 years on its downstream sector.

Saudi officials, led by Crown Prince Mohammed bin Salman, have been mooting for the better part of two years a public offering of up to 5% of Aramco, to help fund economic reforms that would reduce the country’s reliance on oil revenues.

The delayed listing could value the company at up to $2 trillion, Saudi Arabia hopes, though analysts say such a lofty valuation may be difficult to achieve.

— Herman Wang, herman.wang@spglobal.com

— Edited by Irene Tang, irene.tang@spglobal.com

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BPPL begins polyester yarn production facility

BPPL begins first-ever polyester yarn production facility  BPPL begins polyester yarn production facility

BPPL begins polyester yarn production facility

Chairman Sarath Amarasinghe opening the factory

– Pix by Sameera Wijesinghe

By Divya Thotawatte

Signifying a breakthrough in Sri Lanka’s industry, the country’s first state-of the-art polyester yarn plant was inaugurated on Tuesday by BPPL Holdings, a top brush maker in Asia. BPPL begins polyester yarn production facility

The facility is another milestone for BPPL, directed by wholly-owned subsidiary Eco-Spindles Ltd., aimed at promoting innovative sustainability where yarn is produced entirely from Polyethylene Terephthalate, commonly known as PET flakes.

The raw material for the plant’s yarn is sourced through post-consumer waste PET bottle collections. BPPL begins polyester yarn production facility

BPPL Managing Director Anush Amarasinghe stated, “We recycle nearly 200,000-250,000 tons of PET each month. That’s approximately 20% of what Sri Lanka imports. While we are using such large quantities of PET waste, we reduce the need for new PET.”

Amarasinghe speaking on the investment for the production plant said: “Both the yarn spinning plant and the washing plant cost us about Rs.400m. Our main clients are the fabric mills industry people like the MAS Group, Hirdaramani Group and we’re also looking at exporting this yarn. Our main target is to double the collection to 400,000 tons per month within the next 12 months and we have bottle collection points and sectors spread across the country to achieve this goal. To double the production we will have to expand the plant too.” BPPL begins polyester yarn production facility

He said that the initial response to the yarn that the plant has produced had been very positive. He also spoke of the increasing demand for yarn and how they are going to address it. “Sometimes the demand exceeds supply, which means that we have to expand, and we will be doing that in a few months’ time,” he added.

In an effort to set new standards in the industry, Eco Spindle’s technologically advanced new yarn facility, located in Horana BOI Zone, has a 13,000 sq. meter area and a capacity to produce 960 tons of synthetic yarn per annum for local and globally renowned fabric manufacturers. BPPL begins polyester yarn production facility

The state-of-the-art polyester yarn plant is one of two plants in the world which create yarn directly from flakes, circumventing the polymerisation process where flakes are converted to chips and then to yarn.

The PET bottles are then sorted, hot, and cold washed prior to being transformed into flakes finally, into recycled draw textured polyester yarn. This polyester yarn is available in both raw white and dope dyed yarn forms.

Another value addition is the plant’s dope dying capabilities offering colour pigmentation insertion as part of the extrusion process.  BPPL begins polyester yarn production facility

Amarasinghe also added that the plant would assist the local apparel industry. “Sri Lanka, as you know, has a very big apparel industry. It has a huge number of apparel manufacturing plant operations in the country. BPPL begins polyester yarn production facility

It now has a very large number of fabric mills. MAS Group, Hirdaramani Group, Brandix, they all have big fabric mills. But all those fabric mills import yarn from countries including Taiwan, China and Hong Kong into making the fabric.

So this is the first yarn spinning mill in the country. So it basically means that you don’t need to import yarn anymore and this is another major step in the apparel industry of the country,” he said.  BPPL begins polyester yarn production facility

He also mentioned the differences between the Sri Lankan plant and yarn spinning plants in other countries. According to him, the Sri Lankan plant can produce recycled yarn and virgin yarn.  BPPL begins polyester yarn production facility

“We have added a little twist to this in being able to reproduced recycled yarn. Most of the recycled yarn comes from countries like Taiwan, it requires more sophisticated equipment, a more complex manufacturing process. This is a plant that can produced recycled yarn as well as virgin yarn depending on the customer requirement,” he added.

Amarasinghe noted that the amount of PET bottles imported was damaging the environment, adding that this initiative was a step in the right direction to lessen the impact that imported PET bottles have on the environment.

“If you think about the whole magnitude of this operation, the fact is that Sri Lanka imports 1,200 tons of PET every month for making different types of soda bottles. Some of that gets exported, but a large part of that remains within the country.

The fact that we are collecting 200-250,000 tons every month, that’s 20% of what the country imports. If we didn’t do this you can only imagine the amount of PET bottles that would go into landfills and get burnt, the problems that they would create.

By recycling such a large quantity we reduce the amount of virgin PET that is required, which will contribute to the betterment of the environment,” he elaborated.

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bioplastics MAGAZINE 1st PHA platform World Congress

bioplastics MAGAZINE 1st PHA platform World Congress

bioplastics MAGAZINE is organizing the  1st PHA platform World Congress   bioplastics MAGAZINE 1st PHA platform World Congress  

PHA-platform World Congress

PHA (Poly-Hydroxy-Alkanoates or polyhydroxy fatty acids) is a family of biobased polyesters. As in many mammals, including humans, that hold energy reserves in the form of body fat there are also bacteria that hold intracellular reserves of polyhydroxy alkanoates. Here the micro-organisms store a particularly high level of energy reserves (up to 80% of their own body weight) for when their sources of nutrition become scarce. Examples for such Polyhydroxyalkanoates are PHB, PHV, PHBV, PHBH and many more. That’s why we speak about the PHA platform.bioplastics MAGAZINE 1st PHA platform World Congress  

This PHA-platform is made up of a large variety of bioplastics raw materials made from many different renewable resources. Depending on the type of PHA, they can be used for applications in films and rigid packaging, biomedical applications, automotive, consumer electronics, appliances, toys, glues, adhesives, paints, coatings, fibers for woven and non-woven and inks. So PHAs cover a broad range of properties and applications.

bioplastics MAGAZINE 1st PHA platform World CongressThat’s why bioplastics MAGAZINE and Jan Ravenstijn are now organizing the 1st PHA-platform World Congress on 4-5 September 2018 in Cologne / Germany.

This congress will address the progress, challenges and market opportunities for the formation of this new polymer platform in the world. Every step in the value chain will be addressed. Raw materials, polymer manufacturing, compounding, polymer processing, applications, opportunities and end-of-life options will be discussed by parties active in each of these areas. Progress in underlying technology challenges will also be addressed.bioplastics MAGAZINE 1st PHA platform World Congress  

Register now to secure your seat.

For any questions, contact us at mt@bioplasticsmagazine.com or j.ravenstijn@kpnmail.nl .

Workshop

When there is sufficient interest there will be a workshop on the basics of the PHA-platform in the afternoon of September 3rd, preceding the conference. The agenda of the planned workshop can be found here.bioplastics MAGAZINE 1st PHA platform World Congress  

The cost of this workshop will be 200 Euro. August 1st it will be decided whether the interest for this is large enough. Interested people can enroll by sending an E-mail to mt@bioplasticsmagazine.com or j.ravenstijn@kpnmail.nl .

Conferences by bioplastics MAGAZINE

This is the 1st PHA-platform World Congress by bioplastics MAGAZINE.

Before we have successfully organized the the 1st and 2nd PLA Bottle Conference (2007 and 2008), five PLA World Congresses as well as several Bioplastics Business Breakfasts (during Düsseldorf K-Show in 2010, 2013 and 2016). In 2015 and 2017 we held our first and second bio!PAC and bio!CAR conferences bioplastics MAGAZINE 1st PHA platform World Congress  

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Oerlikon RUAG Ink Space Deal Additive Industries LPW

Mayday, Farnborough, we’re running out of champagne.

Oerlikon RUAG Ink Space Deal Additive Industries LPW

The 3D printed fairing bracket made by RUAG and Oerlikon.

If you’re slowly but surely getting the impression that a lot of deals are being signed at the Farnborough Airshow, you would be right. Amidst the clash of Airbus and Boeing to land big orders and make an impression it is now de rigeur to sign a deal of some kind at Farnborough.Oerlikon RUAG Ink Space Deal Additive Industries LPW

The show is one of the yearly game of one-upmanship of Boeing and Airbus. It also sees a lot of demonstrations and novelties in aviation, including this incredible display with a C130.Oerlikon RUAG Ink Space Deal Additive Industries LPW

There’s always far out stuff such as talk of balloons with 46 meter long cabins taking people on tours around the world and tiny robots that would crawl across engines to repair them (which I believe is much more likely to happen). There are always surprisingly large orders from surprisingly unknown airlines.Oerlikon RUAG Ink Space Deal Additive Industries LPW

This year Vietjet inked a deal for $12 billion to purchase a 100 737 Max Jets. That’s one deal, that is approximately the size of our total industry revenue. Everything in 3D Printing, all of the materials used, all of the machines sold, all of the software, everything. Smaller than one deal inked at Farnborough by a Vietnamese Airline. Puts things into perspective, doesn’t it?

A big portion of our future lies at Farnborough though. Don’t expect us to make the BBC headlines any time soon there but an important shift is happening. Quietly, we’re moving into production. Serial production and manufacturing in metals has been with us for a number of years with millions of parts being produced for dental and tens of thousands for prosthetics.Oerlikon RUAG Ink Space Deal Additive Industries LPW

The renderings of 3D printed metal aviation components have been flying around more than the components, but a fundamental shift is occurring towards actual manufacturing in aircraft. So far test brackets, unique parts, retrofits and the like saw metal 3D printed parts. EBM and DMLS have been used extensively in rockets and on satellites. Now companies are taking the necessary steps into manufacturing tens of thousands of aviation components.Oerlikon RUAG Ink Space Deal Additive Industries LPW

For aviation, this means a lot of qualification and certification which is a significant investment for people wanting to serve the aviation and space industries. We saw two important 3D printing tie-ups recently, along with all the matchmaking GE was doing as well. The first tie-up is “the Swiss space program” while the other is “anglo dutch powder.”

Oerlikon

Oerlikon is a Swiss company that makes fibres, drive systems and surface solutions. It is a multibillion-dollar company and makes over $20 million a year in 3D printing chiefly through metal fabrication. The company will be investing over $100 million in 3D printing in the coming years.Oerlikon RUAG Ink Space Deal Additive Industries LPW

RUAG Space

RUAG is also Swiss. RUAG space is one of the largest Europe based space firms. RUAG Space makes satellite components, launchers and electronics components for onboard spacecraft. Far away from the profligate spending on American satellites by the NRO (National Reconnaissance Office, $10 billion budget us agency in charge of the US’s spy satellites) and a bit separate from its more European counterparts RUAG simply needed to get good.Oerlikon RUAG Ink Space Deal Additive Industries LPW

Oerlikon RUAG Ink Space Deal Additive Industries LPW

Oerlikon and RUAG partner to make products like the serially produced space bracket.

RUAG Space and Oerlikon signed a Memorandum of Understanding to facilitate the series production of space components. The companies are working together on a bracket for a payload fairing. Payload fairing might sound cute but below you can see a picture of a payload fairing, pay close attention to the desk with the men in the red shirts. Its essentially a nose cone part for a rocket, and they’re working on a bracket for this.

Oerlikon RUAG Ink Space Deal Additive Industries LPW

A room with fairings in EMMEN at RUAG

The companies are seeing that the bracket “25 percent and decrease weight by more than 50 percent while doubling the stiffness of the bracket.” The fact that we can create higher performance 3D printed parts than conventional ones is of course interesting. In rocketry and satellites each kilo saved may save them $20,000 or more with additional gains in performance. Dr. Roland Fischer, CEO of Oerlikon Group stated,

“Through our ongoing collaboration with RUAG Space, we have identified opportunities to fine-tune the qualification and certification processes, which are crucial in ensuring consistent quality in production. We are confident, that our materials and additive manufacturing expertise will further grow this important partnership.”The consistent quality will certainly be important for space. Certification may seem boring but in this case, means that many millions have gone into reducing the errors in 3D printing.

In another article, the CEO stated that, “

“It is not good enough that everyone does something a little different,” Fischer said. “We are talking about aerospace, where failure is not an option.” 3D printing today is like driving a car in 1905, he said. There were different automakers, but no certification processes, no standards, and not even established road signs.”

This candor and humility will surely complement their lofty ambitions well.

Additive Industries and LPW

Oerlikon RUAG Ink Space Deal Additive Industries LPW

At Farnborough with Phil Carroll and Jan-Cees Santema

Another pair with lofty ambitions is Dutch-based Additive Industries and UK company LPW Technology. Additive Industries has from the ground up designed a metal 3D printer for manufacturing.Oerlikon RUAG Ink Space Deal Additive Industries LPW

The company minimized handling through automation and designed a system meant for high reproducibility and series production that could simultaneously reduce the cost of parts. Essentially their modular system means that rather than an operator turning on and off the machine and carrying build platforms to various steps, the machine handles this; significantly reducing handling and cost.Oerlikon RUAG Ink Space Deal Additive Industries LPW

LPW Technology is a powder company that develops custom powders independently of machine manufacturers. It also is big on managing and tracking the powder throughout its use. This is precisely the kind of thing that has to be done if one were to make aerospace components.Oerlikon RUAG Ink Space Deal Additive Industries LPW

Their agreement lets LPW offer its powder management products to MetalFAB1 customers through Additive Industries Additive World Platform.

“This allows Additive Industries customers to automatically load powder into the MetalFAB1 systems in
inert conditions and record the main characteristics of the metal powders during their lifecycle from
metal powder manufacturing to part production. Especially in series production of qualified parts,
this closed-loop system is key in reducing the risk of contamination and potential variations in the
powder performance as a result of exposure to oxygen and humidity.”

More control and fewer variables mean that mistakes can be found and tracked while quality is more likely to occur.

Daan Kersten CEO of Additive Industries said,

“We have been working with LPW for years and share the vision on full automation and integration. Integrating the
LPW Powder Hopper solution and PowderSolve software in our MetalFAB1 systems and software allow our customers to accelerate the manufacturing of industrial quality parts and store all data in one place. The integrated supply of powder combined with full traceability closes the loop to produce certified parts in regulated environments like aerospace and healthcare. Moreover, the automated and closed powder loading system cuts manual labour significantly and reduces operator exposure to powder providing a safe and healthy work environment. The long-term relationship between LPW Technology and Additive Industries has resulted into this innovative powder handling
System”.

Additive Industries tends to collaborate also working with 3DSim simulation software and also working with GKN Powder an LPW competitor. If Additive Industries, LPW, RUAG and OERLIKON four just got together with a software company, they would have most of the supply chain for making space parts.Oerlikon RUAG Ink Space Deal Additive Industries LPW

In order to impress the huge space industry we’ll have quite a ways to go, but perhaps one or two Airbus or Boeing people wiggled their noses post champagne bubble long enough to squint at the future of their industry.

Related Topics

Asahi Kasei buy USA textile supplier $1.06bn

Asahi Kasei to buy US textile supplier for $1.06bn   Asahi Kasei buy USA textile supplier $1.06bn

Sage Automotive deal aimed at expanding Japanese company’s auto business

Asahi Kasei buy USA textile supplier $1.06bnAsahi Kasei is looking to automotive products as a growth business, which is reflected in its planned acquisition of Sage Automotive Interiors of the U.S. (Photo by Koji Uema)

TOKYO — Japanese materials maker Asahi Kasei announced Thursday that it will buy U.S.-based Sage Automotive Interiors for $1.06 billion (119 billion yen), including debt.

This deal aims to help Asahi Kasei, which makes artificial leather for car interiors, to create a complete supply chain from raw materials to finished products. High-quality automotive textiles are in high demand and Asahi Kasei expects its sales to rise after the acquisition.

The Tokyo-based manufacturer will make use of Sage’s contacts with automakers worldwide to expand its automotive products business. It will also use Sage’s facilities to fuel its global expansion.Asahi Kasei buy USA textile supplier $1.06bn  

Sage processes artificial leather and other materials, fitting them to car interiors such as seats. It is the world’s top maker of car seat fabrics, excluding leather and artificial leather. It has a reputation for high quality and good design, and counts German carmakers Daimler and BMW among its clients. Asahi Kasei supplies artificial leather to Sage.

Talks began in October 2017 between Asahi Kasei and Clearlake Sage Holdings, a unit of U.S. private equity specialist Clearlake Capital Group. The deal will see Asahi Kasei buy the U.S. fund’s entire stake in Sage. It follows Asahi Kasei’s acquisition of two other U.S. companies, medical device maker Zoll Medical for about 180 billion yen in 2012, and Polypore International, a manufacturer of separators used in lithium-ion batteries, for around 260 billion yen in 2015.Asahi Kasei buy USA textile supplier $1.06bn  

Asahi Kasei holds the top share in both synthetic rubber, used to make fuel-efficient tires, and separators for lithium-ion batteries. The company has positioned itself to take advantage of growth in the auto sector, forecasting 300 billion yen sales from the business in fiscal 2025, triple the figure for fiscal 2015.Asahi Kasei buy USA textile supplier $1.06bn  

Asahi Kasei believes the development of autonomous and connected vehicles will increase demand for innovative interior car designs. It opened a research center in Germany last year to help come up with them.Asahi Kasei buy USA textile supplier $1.06bn  

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-Textiles: paying for polyester protection   Textiles paying polyester protection textile industry 

German polymers company Covestro Expands Global Film Capacity

Covestro Expands Global Film Capacity   German polymers company Covestro Expands Global Film Capacity 

German polymers company Covestro Expands Global Film Capacity

Covestro Expands Global Film Capacity (c) Covestro

Covestro has announced plans to invest more than €100 million to expand its global films production in order to meet rising demand.

The German high-tech polymers company said it is investing in promising technologies and applications at its sites in Germany, USA, China and Thailand. The high-quality semi finished film products are used in automotive interiors, security cards, and medical devices and displays, among others.German polymers company Covestro Expands Global Film Capacity  

In Dormagen, Germany, Covestro is building new coextrusion lines, which are scheduled for completion in the fourth quarter of 2020. This project follows a previous investment of around €20 million at the Dormagen site where a coextrusion plant producing high-end multilayer flat polycarbonate films was added in 2017.

A new plant based on modern coextrusion technology is also under construction in Map Ta Phut, Thailand, and scheduled for completion by the end of 2019. In parallel, Covestro is converting its existing coextrusion line in Guangzhou, China, with the first volumes being available from mid-2019. A second phase, for which a timescale has not been given, will actually increase capacity.German polymers company Covestro Expands Global Film Capacity  

Finally, the company is implementing measures to increase efficiency and quality at its site in South Deerfield, Massachusetts, USA.German polymers company Covestro Expands Global Film Capacity  

The projects will also include expansions of associated infrastructure and logistics. When completed, and according to current plans, Covestro will create more than 100 new jobs worldwide to operate the new plants.German polymers company Covestro Expands Global Film Capacity  

In separate news, Covestro is reported by trade journal Chemical Week to be close to announcing an investment in a world-scale MDI plant at one of its existing locations. While Covestro has not revealed capacity or investment costs, Chemical Week understands the fully integrated plant will be designed to produce 400,000 t/y of MDI and cost around €1 billion.German polymers company Covestro Expands Global Film Capacity  

The Leverkusen-based group is already undertaking several MDI expansions. Capacity at Brunsbüttel, Germany, is being doubled to 400,000 t/y by the end of 2018 and output in Tarragona, Spain, is being expanded by 50,000 t/y to 220,000 t/y by 2022.

In China, Covestro is debottlenecking its MDI complex at Caojing, near Shanghai, in two phases.

In a first stage, capacity will rise from 500,000 t/y to 550,000 t/y in the fourth quarter of 2018. A second expansion will further expand output to 600,000 t/y in the first quarter of 2021.

Authors

Elaine Burridge, freelance journalist

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July contract price paraxylene Europe level June

July contract price of paraxylene in Europe remained at the level of June   July contract price paraxylene Europe level June

 

July contract price paraxylene Europe level JuneMOSCOW – The contract price of paraxylene in the European market was finally agreed on the July deliveries at the same level as in the previous month, ICIS informed two buyers and one seller.

Prior to the final approval of the contract price of paraxylene in Europe, material prices were agreed at various levels.

In particular, one price was announced at the level of EUR885 per tonne, FD NWE (North-Western Europe), and the other at EUR895 per tonne, FD NWE.

Thus, the July contract price of paraxylene in Europe was agreed on an average of these values, ie, EUR890 per tonne, FD NWE.July contract price paraxylene Europe level June  

Paraxylene is a raw material for the synthesis of TPA – a semi-product for the production of polyethylene terephthalate (PET).July contract price paraxylene Europe level June  

According to the Price Review of ICIS-MRC , in early July, the change in the market trend for the players of the Russian PET-granulate market became apparent.

Stable operating time at the Senezh plant, a reduction in prices in Chinese factories and a seasonal decline in the rush demand of May – early June are the main factors in the decline of tensions in the market.July contract price paraxylene Europe level June  

In early July, spot prices for large quantities of granulate dropped sharply.

mrcplast.ru

Author:                Margarita Volkova

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SOCAR Polymer PP plant capacity 180 thousand tons

SOCAR Polymer will open PP plant today with a capacity of 180 thousand tons   SOCAR Polymer PP plant capacity 180 thousand tons

 

SOCAR Polymer  PP plant capacity 180 thousand tonsMOSCOW – SOCAR Polymer, the “daughter” of the State Oil Company of Azerbaijan (SOCAR), intends to hold today the opening ceremony of the plant for the production of polypropylene (PP) in Sumgayit Chemical Industrial Park, Trend reports.

Production capacity of the plant is 180 thousand tons of products per year.

Earlier it was reported that in the third quarter of this year it is planned to launch a second plant within the framework of the SOCAR Polymer project – the production of polyethylene.SOCAR Polymer PP plant capacity 180 thousand tons

Also, it was noted that by the end of 2018 SOCAR Polymer forecasts revenues of approximately USD60 million, by the end of 2019 – about USD290 million, by the end of 2020 – about USD340 million. By the end of 2021 SOCAR Polymer forecasts revenues at USD370 million. This is the main part of the proceeds from the sale of polypropylene.

The SOCAR Polymer project is being implemented in the Sumgait Chemical Industrial Park. At the first stage, the production capacity of SOCAR Polymer will be 120,000 tons of polyethylene and 180,000 tons of polypropylene. By 2021, the total capacity can be 570 thousand tons of products.SOCAR Polymer PP plant capacity 180 thousand tons

According to project estimates, 30% of the plant’s output will be sent to the domestic market, 70% – for export to Turkey, Europe and CIS countries.

Earlier it was reported that the total cost of the projects is USD750 million, 40% are financed by the shareholders of SOCAR-Polymer, the rest – by Gazprombank. The agreement on financing the construction of SOCAR Polymer plants between SOCAR and Gazprombank was signed on June 19, 2015.SOCAR Polymer PP plant capacity 180 thousand tons

SOCAR Polymer was established by the State Oil Company of Azerbaijan. Currently, the share of SOCAR in the company’s capital is 57%. Among the shareholders are also Vitol Black Sea VL L LLC, Ecoland LLC and a number of other companies.

mrcplast.ru

Author:                Anna Larionova

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US PE prices face downward pressure longer supply

US PE prices face some downward pressure in H2 on longer supply   US PE prices face downward pressure longer supply

 Source:ICIS News

HOUSTON (ICIS)–The US polyethylene (PE) market may come under pressure in the second half of the year because of longer supply, after prices remained at higher-than-expected levels.US PE prices face downward pressure longer supply

US PE prices face downward pressure longer supply

Participants had expected the 10 cent/lb ($220/tonne) increases in the months immediately following Hurricane Harvey to recede in early 2018.

However, most of the post-Harvey price increases remain in place, as new PE plants have yet to reach full operating rates. Supply was also tight in the first quarter as severe winter weather along the US Gulf disrupted production at several PE plants.

US PE prices face downward pressure longer supply
PE is used to make bags. (Photo credit: Dinendra Haria/REX/Shutterstock)

Supply tightness lingers for several grades of high density polyethylene (HDPE) and low density polyethylene (LDPE), while availability of linear low density polyethylene (LLDPE) is sufficient.

PE prices remaining at elevated levels has created some financial difficulties for converters, many of whom are experiencing margin compression as they had budgeted for lower PE input costs.

In addition to lengthening supply, buyers also point to weaker feedstock costs as support for hopes of price relief in the PE market. US PE prices face downward pressure longer supply

Spot prices for feedstock ethylene fell to multi-year lows during the first half of the year, partly because of new ethylene production coming online and raising operating rates at a faster rate than new PE plants.

Overseas demand has also been sluggish due a stronger dollar, as well as contentious elections in some major export destinations.US PE prices face downward pressure longer supply

The US typically exports around 20% of its PE production. This percentage is expected to increase in the coming years, as most of the new US capacity is intended to supply overseas demand.US PE prices face downward pressure longer supply

Trade tensions between the US and China have also crimped overseas demand, with some Chinese buyers seeking to exchange LDPE for other grades not subject to proposed tariffs on US PE exports in China.US PE prices face downward pressure longer supply

China’s proposed tariffs would include LDPE and some grades of LLDPE, while HDPE was exempted from Chinese tariff proposals.

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

Focus article by Zachary Moore

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South Asia PE, PP trades stay weak amid uncertainties    South Asia PE Polyethylene PP Polypropylene trades stay weak 

Who Actually Benefits Sanctions Iran Opec

Who Actually Benefits From Sanctions On Iran? Who Actually Benefits Sanctions Iran Opec

Who Actually Benefits Sanctions Iran Opec

Since President Trump announced the U.S. withdrawal from the JCPOA, Washington has been pressing allies to end all imports of Iranian oil by a November 4. deadline Moreover, in a briefing on June 26, a senior State Department official was quite firm that the U.S. doesn’t anticipate offering any extensions or waivers to that timeline.

This statement created a feeling of emergency, and oil prices jumped by more than 3.5 percent. Iranian Oil Minister Bijan Zanganeh also blamed President Trump’s actions for the high oil prices during an interview with CNN.Who Actually Benefits Sanctions Iran Opec

Ultimately, the price hike serves the interest of oil-dependent economies like Saudi Arabia, Russia and Iraq, especially since they can serve as substitutes for Iranian oil.

Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC) and in May 2018 exported about 2.7 million barrels per day (bpd) of crude oil.Who Actually Benefits Sanctions Iran Opec

China, one of its biggest customers imported almost 27 percent of total Iranian exports, followed by India with 16 percent, South Korea with 10 percent, Japan with 7 percent and Turkey with 10 percent.Who Actually Benefits Sanctions Iran Opec

Considering that Iranian exports dropped to about 1-1.5 million bpd during the 2013-2015 period of strong economic sanctions (from around 2.5 million bpd in 2011 to some 1 million bpd at the end of 2013), depending on how many countries follow the White House’s call for sanctions today, we might expect Iranian exports to fall by between 200,000 bpd and 1 million bpd.Who Actually Benefits Sanctions Iran Opec

This shortfall would cause countries in the region to have to look to other suppliers to fill in the gap. For example, abstaining from Iranian oil would leave Turkey at the mercy of Russia.Who Actually Benefits Sanctions Iran Opec

In 2017, Turkey imported 24.9 million tons of crude oil in total, mainly from Iran (almost 50 percent) and the rest from Iraq, Russia, Kuwait and Saudi Arabia. Considering the fact that Iraq, the other potential oil supplier that can substitute Iranian oil, represents a more volatile and risky choice. If Turkey goes ahead and implements the restrictions demanded by the U.S., Russia will ultimately supply more than 60 percent of Turkey’s oil, in addition to already supplying the majority of its natural gas.

Once we add into this mix the ongoing Akkuyu nuclear power plant project that will be built and operated by Russian State Nuclear Energy Agency Rosatom, we end with a Turkey that risks finding itself almost entirely tied to Russia – a complication for its NATO obligations, if nothing else.Who Actually Benefits Sanctions Iran Opec

Taking into consideration those circumstances, on June 29Turkish Economy Minister Nihat Zeybekci said that “the decisions taken by the U.S. are not binding for us. Of course, we will follow the United Nations on its decision. Other than this, we will only follow our own national interests.”

Another winner if U.S. sanctions are adopted widely would be Saudi Arabia. A drastic reduction of Iran’s oil exports (for example, by more than one million bpd) would likely boost Saudi production to numbers not seen since the late 1960s, in an attempt to fulfill market demands.Who Actually Benefits Sanctions Iran Opec

For its part, South Korea announced that they will end Iranian crude imports by the end of July, halting all shipments.

According to Bloomberg, that leaves Iran with few options other than convincing China, its biggest customer, to buy more Iranian oil.

This could create an unbalanced relationship between two countries, forcing Iran to be become over-reliant and dependant on China. This unequal relationship could be positive for China, as it might make it the biggest single buyer of Iran’s crude, giving it powerful leverage over the Iranian economy as a whole.

By Olgu Okumus for Oilprice.com

Source : Oilprice

Related Topics

-US Intensifies Pressure on Iran Oil Customers    United States Intensifies Pressure Iran Oil Customers sanctions 

Future plastic scientists explore bioplastics sorghum

The future of plastic? Scientists explore bioplastics from sorghum   Future plastic scientists explore bioplastics sorghum

Mould breaking Technology Focus thermoforming blow moulding

Mould breaking | Technology Focus – thermoforming   Mould breaking Technology Focus thermoforming blow moulding  

In the world of thermoforming, blow moulding and injection moulding, it’s all about making packaging more sustainable. Lynda Searby reports.

Mould breaking  Technology Focus  thermoforming blow moulding

HOW LIGHT SHOULD MY BOTTLE BE?

Paul Chapple, technical manager at Krones UK, weighs up the complex, varied and many factors that need to be considered in answering this seemingly simple question.Mould breaking Technology Focus thermoforming blow moulding  

Modern stretch blow moulding equipment is capable of running bottles at high speed and at weights most likely below what you would be happy to supply in to the market. For example, Krones, with its latest generation Contiform 3 pro blow moulder in an Ergobloc-L arrangement (blow/label/fill/cap all close coupled), is manufacturing 500ml still water bottles at a speed of 81,000 bottles per hour with a weight of only seven grams (excluding cap).Mould breaking Technology Focus thermoforming blow moulding  

Under test conditions as ‘proof of concept’, bottles have even been run successfully and reliably below this weight.Mould breaking Technology Focus thermoforming blow moulding  
So, if blow moulding technology isn’t the major limiting factor, what is?

● Product – firstly a still product can be filled into a lighter bottle than a sparkling product due to the pressure generated inside the bottle. Much of this is because the bottle base for a carbonated beverage needs to be stronger and hence contain more material. This is constantly being improved with, for example, Krones now using improved vented base moulds and linear motor variable speed stretch rods for better material distribution. However the increased pressure still demands extra material for a stable bottle.

Is your product hot filled, or sensitive, demanding a clean/sterile fill process? Hot fill products traditionally required heavy bottles with ‘panels’ to allow for the reducing volume once the liquid cools. Other technologies are now available, such as Krones Nitro-Hotfill, where a bottle without panels can be used due to the addition of nitrogen in the filling process. Whilst not as light as a water bottle, this is significantly lighter than a panelled bottle.Mould breaking Technology Focus thermoforming blow moulding  

● Market placement – if you are aiming for a premium feel, is the lightest possible bottle the most desirable solution for your brand? Conversely, with a high focus on plastic and sustainability in the market, is a heavy bottle sending the right message to consumers? The truth very often lies somewhere in between. However is also heavily affected by…

● Bottle design – a well-designed ‘light’ bottle may feel stronger than a poorly designed heavier bottle, due to the bottle features and also the optimum matching of the preform to bottle design.Mould breaking Technology Focus thermoforming blow moulding  

● Cost/price point – regardless of market placement, cost is important. The ability to reduce material from a premium bottle without losing the luxury ‘feel’, or to achieve the lightest weight possible on a high-volume product directly hits the bottom line.

In summary, there are many relevant variables, the key is to consider a balance of factors and then choose a quality partner to work with to achieve your goals.

CAN THERMOFORMING BE ‘GREEN’?

Mark Reeves, thermoforming product manager, Multivac UK, offers some suggestions for making thermoformed packaging more eco, without spending a fortune on new equipment.Mould breaking Technology Focus thermoforming blow moulding  

Since the recent launch of the UK’s new agenda for the environment and The Courtauld Agreement 2025, the reduction of avoidable plastic packaging waste has become one of the hottest topics for UK food producers today.Mould breaking Technology Focus thermoforming blow moulding  
We have started to see retailers respond to these agendas: Iceland has announced plans to go plastic free; Aldi’s own-label products aim to be recyclable, reusable or compostable by 2022; and Asda has set a target to reduce its plastic packaging by 10% this year.

As more retailers announce their plans to be more eco-friendly, this has an impact on producers and in turn impacts those who support producers with their packaging requirements.Mould breaking Technology Focus thermoforming blow moulding  
Switching existing packaging to a more sustainable alternative won’t happen overnight and as big producers look to reduce their plastic packaging waste, others are likely to follow suit. This doesn’t necessarily mean that manufacturers need to ditch their existing equipment.Mould breaking Technology Focus thermoforming blow moulding  

We have identified three ways in which companies can be ‘more green’ whilst continuing to use their existing Multivac thermoforming equipment:

● Recycle: producing packaging out of recyclable materials is one way of reducing plastic waste. Producers can look to swap usual APET / PE packs which are not recyclable, for 100% recyclable materials such as mono APET trays or carton trays. Mono APET is a solution that is easily applied to existing thermoformers. Multivac can assist customers in this process with our easy cut mono PET base webs.Mould breaking Technology Focus thermoforming blow moulding  

● Replace: producers can replace plastic packaging with more sustainable eco-friendly materials such as foam APET, pulp trays or PLA. Foam APET is also recyclable and manufactured from recycled materials – this material is another solution that can be used on existing thermoformers and is currently being tested to fully understand the material’s potential. PLA, which is made of renewable resources, such as potatoes, corn, sugar cane, bamboo or wheat, is also suitable for use on thermoformers, whereas pulp trays are more suited to a tray sealer.Mould breaking Technology Focus thermoforming blow moulding  

● Reduce: by switching to the materials mentioned, producers can reduce the amount of plastic used in their packaging. Other solutions to help reduce plastic include: vacuum packs and envelope packs. As an example, changing an existing APET mince tray for a vacuum envelope pack would reduce plastic by up to 50%. Additionally, the simple down-gauging of your existing material can assist in reducing the total amount of plastic used. For example, replacing premade trays for an in-line thermoformed pack. A typical 750-micron tray could be replaced by 350-micron film, which means one transport container of premade trays would be replaced by a pallet of film, reducing not only plastic but also transport, logistics and storage.Mould breaking Technology Focus thermoforming blow moulding  

NEW TECHNOLOGY ROUND-UP

Friedheim International is now selling Shawpak’s thermoforming machines to the non-food and non-medical markets in the UK and Ireland. Developed by a team of engineers at Riverside Medical Packaging in Derby, the Shawpak is said to be a competitively priced, compact, energy efficient machine that overcomes many of the disadvantages of generic thermoforming machines. It can run a variety of films and is suited to an “almost infinite” range of applications due to a “revolutionary” method of thermoforming, says Friedheim. The heart of the machine is a servo-driven indexing drum which transports the webs through the process. The thermoformer is designed to have no gripper chains and no trim for minimal maintenance and downtime.

Related Topics

-New PET line for blow/fill ..USHydrations New PET line bottled water blow fill

Microplastics  shedding polyester fabrics Miuscule Fibres

Microplastics  shedding from  polyester fabrics – Miuscule Fibres, Major Impacts        Microplastics  shedding polyester fabrics Miuscule Fibres

The fashion industry is a major contributor to the issue of plastic pollution in the ocean: an issue that is growing in concern due to the major implications that this has on the environment and on people’s health.Microplastics  shedding polyester fabrics Miuscule Fibres  Microplastics  shedding polyester fabrics  Miuscule FibresPolyester, nylon and acrylic are among the most commonly used materials in the textile industry, and yet these all contribute to the plastic pollution that is taking place in our oceans – whether they are recycled or not.

In fact, as explained in the above video, the process of recycling polyester or plastic bottles into new fibres does not cut out microfibre pollution, and may have the effect of encouraging further consumption, as consumers will feel reassured that these will be reused rather than ending up in landfill or incineration.

However, at least 8 million tonnes of plastic end up in the ocean each year, and it has been predicted that by 2050 there will be more plastic than fish in the sea.

Every time that synthetic fabrics are washed – whether during the use phase or production, tiny pieces of plastic fibres, namely microfibres, wash off and end up in our water streams.Microplastics  shedding polyester fabrics Miuscule Fibres  

In fact, recent research by Plymouth University has shown that this can amount to more than 700 000 microscopic fibres during each use of a domestic washing machine. The fibres are so tiny that water treatment plants don’t catch them all.

The microfibres then attract contaminants that are normally not soluble in water, so that they become bigger particles that gather other toxic pollutants.

Not only is this polluting for our water, but also for the creatures, plants and fish living in it – some of which end up on our plates.Microplastics  shedding polyester fabrics Miuscule Fibres  


Unless the flow of plastics and industrial pollution into the world’s oceans is reduced, marine life will be poisened by them for many centuries to come.

Sir David Attenborough in Blue Planet II

As designers, we have the responsibility to minimise if not eliminate the use of synthetic fibres that are the cause of microplastic pollution. Although it may seem like a sufficient solution to mix fibres in order to reduce the percentage of synthetic fibres in garment compositions, this merely postpones the issue, as these would be difficult to recycle at the end of use phase.Microplastics  shedding polyester fabrics Miuscule Fibres  

There are various tangible solutions that have proven to be effective to avoid microplastic pollution.

One of these is that of reducing fabric brushing, which is a fabric finishing technique that gives fabrics a certain look and feel, although also damaging the surface and adding to the issue of microfibres.Microplastics  shedding polyester fabrics Miuscule Fibres  

Ultrasound cutting is another solution, which involves melting the edges of the plastic fibres, resulting in less microfibre shedding compared to the common cut and sew techniques.Microplastics  shedding polyester fabrics Miuscule Fibres  

The issue can also be avoided if we remove microparticles on fabrics at the production stage: particles accumulate on the fabric during production, meaning that the first wash will shed a lot of microfibres.

However, if these are removed at the production stage, less shedding will happen in the use phase. Tightly knitted fabrics are also more likely to shed fibres than loosely knitted fabrics.Microplastics  shedding polyester fabrics Miuscule Fibres  

Of course, it is equally important to educate our customers about the impact that synthetic fibres have on the environment, whether recycled or not, in order to influence their behaviours and habits.

The Mistra Future Fashion Report on Microplastics states three recommendations to help control the shedding of microplastics.

The first is to develop a standardised test method, to gain a true understanding of which fibres are more likely to shed.Microplastics  shedding polyester fabrics Miuscule Fibres  

Secondly, we should make the differentiation between fibres and other microparticles that shed from fabrics. Lastly, microparticles should be removed from fabrics already at the production stage, and disposed of in a safe way.

Phasing out hazardous materials requires awareness and knowledge across the value chain, but is a necessary and urgent measure to take on in order to improve the impact that the fashion industry has on microplastic pollution.

Resources: Phys // MFF Microplastics Report // The Independent

 

Related Topics
-EU Parliament backs microplastic bans to tackle plastic pollution   EU Parliament microplastic bans tackle plastic pollution

Wittmann Battenfeld Celebrates 10th Anniversary New Machines

Wittmann Battenfeld Celebrates 10th Anniversary with Launch of New Machines    Wittmann Battenfeld Celebrates 10th Anniversary New Machines

Celebrating 10 years since the acquisition of the Battenfeld brand with new vertical presses, all-electric machines for high-speed packaging, and additional large-press sizes.

Last month, Wittmann Battenfeld (U.S. office in Torrington, Conn.) celebrated the 10th anniversary of Wittmann’s acquisition of the Battenfeld injection machine business at the company’s headquarters in Kottingbrunn, Austria. A highlight of the event was the announcement of a new machine line and expansions of several other press series.

• A prototype of the new servohydraulic VPower vertical press line was displayed in a 160-metric-ton version. Other models of 120, 200, 250, and 300 m.t. are planned. Key features include a “substantially reduced” footprint; low, ergonomic working height (less than 1 meter); servo-electric rotary table; easy conversion of the injection unit from vertical to horizontal, and open design for easy integration of automation systems. Elimination of the middle tiebar that was on previous units leaves space for central supply of media or a rotary union. The first machines are due to go on sale this fall, in time for the Fakuma 2018 show in Germany.Wittmann Battenfeld Celebrates 10th Anniversary New Machines

• The company is supplementing its EcoPower Xpress 400 with a new 500-m.t. model. These are both high-speed, all-electric machines tailored for packaging and thin wall molding. It’s available now. Models of 160, 210, and 300 m.t. will be available later this year.

• A larger, 400-m.t. model of the SmartPower servohydraulic line will be available this year. Current sizes are 25 to 350 m.t.

• The company is building larger models of its MacroPower hydraulic two-platen presses, including MacroPower XL 1100 and 1600 units and the largest in the series, MacroPower 2000, the first of which was completed in January. The first MacroPower 2000 two-component version, with a 2000-mm-diam., servo-driven rotary table, was shown at the anniversary celebration.Wittmann Battenfeld Celebrates 10th Anniversary New Machines

Asia ACN 6.5-year high new China capacity ease tight supply

Asia ACN at 6.5-year high; new China capacity to ease tight supply   Asia ACN 6.5-year high new China capacity ease tight supply

 Source:ICIS News

SINGAPORE (ICIS)–Asia’s acrylonitrile (ACN) prices are at their highest in six-and-half years on the back of tight global supply, which could ease when a new plant in China starts up in late July.

Asia ACN 6.5-year high new China capacity ease tight supplyIn the week ended 13 July, spot prices were assessed at $2,150-2,200/tonne CFR (cost & freight) NE (northeast) Asia, which were last seen in mid-February 2012, according to ICIS data.Asia ACN 6.5-year high new China capacity ease tight supply

The prices were stable from the previous week, after rising by 12% from mid-April, the data showed.

The regional market was largely on an uptrend since the beginning of this year because of tightened supply amid a heavy plant turnaround schedule in Asia, coupled with the limited inflows of deep-sea cargoes.

Asia ACN 6.5-year high new China capacity ease tight supply

“The ACN prices do not follow the feedstock cost now, and they are driven by the supply side,” a regional trader said.Asia ACN 6.5-year high new China capacity ease tight supply

Based on prevailing prices of feedstocks propylene and ammonia, ACN producers are currently enjoying good margins of more than $500/tonne, market sources said.

A new capacity coming on stream in China, which is a major importer of ACN in Asia, may relieve the regional supply crunch to some extent amid further turnarounds in the second half.Asia ACN 6.5-year high new China capacity ease tight supply

Asia ACN 6.5-year high new China capacity ease tight supply

Shandong Haili Chemical Industry Co Ltd will be starting up its new 130,000 tonne/year ACN plant in China’s Shandong province on 27-28 July.

“I hope the new plant could finally start up after several delays, which may help ease the tight supply in the region,” a downstream user said.

Price support for ACN from the demand side may also weaken, with downstream acrylonitrile-styrene-butadiene (ABS) and acrylic fibre (AF) producers facing slowing sales in the summer months, with some mulling cutting production due to high feedstock costs.

“Our margins are very lean now. Further price rise [of ACN] will kill us,” a major downstream ABS producer said.Asia ACN 6.5-year high new China capacity ease tight supply

Picture: Acrylonitrile (ACN) is used in the production of acrylic fibres, which go into home furnishings like sofas. (Photographer:  Anthony Weller/VIEW/REX/Shutterstock)

By Judith Wang

Fire Alpek PTA plant affect PET resin supply

Fire at Alpek’s PTA plant will affect PET resin supply   Fire Alpek PTA plant affect PET resin supply

By: PlasticsToday Staff
Source : PlasticsToday

Fire Alpek PTA plant affect PET resin supplyA major fire broke out on July 15 at the Altamira, Mexico, PTA plant of chemicals manufacturer Alpek (San Pedro Garza García, Mexico). The conflagration could have a significant impact on PET resin production throughout the Americas as well as Europe, according to the Wood Mackenzie consultancy in Houston, TX.

“The fire occurred in one of Alpek’s two PTA plants at the site, with each plant having a typical nameplate capacity of 500 kt of PTA,” said Phil Marshall, head of PET at Wood Mackenzie.Fire Alpek PTA plant affect PET resin supply

“Although the extent of the damage is unknown at this time, videos and pictures from the site indicate significant damage, which may keep at least one plant offline for an extended period of time. This outage is likely to negatively impact PET resin production in the Americas region as well as in Europe,” said Marshall.Fire Alpek PTA plant affect PET resin supply

The Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

Alpek’s PTA plants at Altamira supply PTA to the adjacent M&G Mexico PET resin plant (now operated by Alpek/DAK Americas), its sister company DAK Americas’ PET resin plants at Pearl River, MS, as well as exports to South American and European polyester producers, according to Wood Mackenzie.Fire Alpek PTA plant affect PET resin supply

“This event comes at a particularly critical time for the Americas and European PET resin markets, as both regions have been experiencing critically tight PET resin supply due to both PET resin and PTA plant outages,” said Marshall.

“Whilst the fire is serious and will impact PTA production, the impact may not be as serious as first thought given that Alpek operates three PTA plants in Mexico and one in Brazil,” he added.Fire Alpek PTA plant affect PET resin supply

Retal Launches Ip Free Hotfill Solution hotfill packaging

Retal Launches Ip Free Hotfill Solution   Retal Launches Ip Free Hotfill Solution hotfill packaging 

Retal Launches Ip Free Hotfill Solution hotfill packaging

Thailand pilot plant conversion sugarcane bagasse Ethanol

Thailand pilot plant completed for conversion of sugarcane bagasse into raw materials for Ethanol    Thailand pilot plant conversion sugarcane bagasse Ethanol

Mitsui & Co., Ltd., together with Toray Industries and Mitsui Sugar, have completed a pilot plant in Thailand to demonstrate a manufacturing system to produce raw materials for ethanol from sugarcane bagasse, a project entrusted to the three companies by NEDO (New Energy and Industrial Technology Development Organization).

 

At this pilot plant, byproducts from residue left after extraction of juice from sugarcane, known as bagasse, will be converted into cellulosic sugar for use in bioethanol production.Thailand pilot plant conversion sugarcane bagasse Ethanol

 

Other high value-added products like polyphenol and oligosaccharides will also be produced.Thailand pilot plant conversion sugarcane bagasse Ethanol
Before the plant began operations, a ceremony was held on July 6, 2018 to celebrate the plant’s completion. The ceremony was attended by many, including officials from Mitsui & Co., Toray, Mitsui Sugar, Japanese and Thai government agencies, as well as local business people, construction workers, and other Udon Thani province locals.
This plant will demonstrate the practical application of Japanese membrane separation technology, using it to condense sugar solution from bagasse. By using this new technology, it will be possible to reduce energy consumption by more than 50% compared to the evaporation-based concentration processes used up until now.Thailand pilot plant conversion sugarcane bagasse Ethanol
Operations will begin in late July 2018, after which the plant’s combined energy saving performance and production of high value-added products will be verified. Thailand pilot plant conversion sugarcane bagasse Ethanol

 

In the future, this system can be spread to other parts of Thailand, which is a world-leading sugarcane production region.

 

With this demonstration project, Mitsui & Co. will test the viability of these materials.Thailand pilot plant conversion sugarcane bagasse Ethanol

NEDO Project TitleInternational Demonstration Project on Japan’s Energy Efficiency Technology :Demonstration Project for an Energy-saving Cellulosic Sugar Production System Using Bagasse
Planned Project PeriodFY2016 – FY 2022
Processing Capacity5,000 tons / year of bagasse on a dry weight basis
Cellulosic Sugar Production Capacity1,400 tons / year (equivalent to bioethanol 700kl / year)
Entrusted CompaniesMitsui & Co., Ltd., Toray Industries, Mitsui Sugar Co., Ltd.

 

Thailand pilot plant conversion sugarcane bagasse EthanolDemonstration plant

Adidas vows use recycled plastics 2024

Adidas vows to use only recycled plastics by 2024   Adidas vows use recycled plastics 2024

By Jamaica Observer

Adidas vows use recycled plastics 2024

In 2016, Adidas launched the first massproduced running shoe made from recycled water bottles, the Ultraboost Uncaged Parley © Adidas, seen here. (Photo: Courtesy of Adidas / Parley for the Oceans)

(JAMAICA OBSERVER) – British media outlet The Financial Times reported yesterday that Adidas, the world’s second-largest sportswear brand, is planning to use only recycled polyester in all its shoes and clothing within the next six years in a push to increase the sustainability of its supply chain.Adidas vows use recycled plastics 2024

The shift would see the brand, which launched the first mass-produced running shoe made from recycled water bottles in 2016, target five million in sales of recycled footwear this year, and 11 million in 2019, the Times said.Adidas vows use recycled plastics 2024

Also according to the Times, one million pairs of the recycled shoes, Ultraboost Uncaged Parley, which are currently offered at €179.95 on the company’s German online site, were sold in 2017.Adidas vows use recycled plastics 2024

The goal, according to a quote attributed to Eric Liedtke, head of Adidas’s global brands, is to get rid of virgin polyester overall by 2024. He said about 50 per cent of the material used in the 920 million individual items Adidas sells is polyester.

“With those kind of volumes, we cannot make the transition overnight,” Liedtke reportedly said.Adidas vows use recycled plastics 2024

The initiative is an outcome of the brand’s partnership with Parley for the Oceans.

Each pair of shoes uses the equivalent of 11 plastic bottles, meaning Adidas is recycling some 55 million plastic bottles this year alone, Liedtke reportedly told a South by Southwest conference earlier this year, according to TheCurrent Daily.

Still, company executives have said that, while the figure seems impressive, it is a drop in the bucket given that the company makes 450 million pairs of shoes every year, and considering that there is currently 270 million tonnes of plastic in the ocean, with a further eight million tonnes being added every year.Adidas vows use recycled plastics 2024

“The growth of plastic just doesn’t stop. It was a great invention, but it was made to never go away, so all that has been made is still floating around the world today. It becomes a real call to arms to fixing that,” TheCurrent Daily quoted Liedtke

In addition to using recycled plastics in some of its manufcaturing, Adidas has taken other steps that declare its war against polyester — a petroleum-based plastic. It has already eliminated the use of plastic bags in its retail operations, and has discontinued its body wash with micro pellet body wash.Adidas vows use recycled plastics 2024

But the move, according to the Times, could cost Adidas more since recycled polyester is 10-20 per cent more expensive than “virgin” materials.

However, industry experts believe the price gap between recycled and new plastics will close in the coming years as more companies shift to renewables and suppliers increase their ability to produce recycled materials in large quantities.

Brenda Haitema, who leads supply chain operations at Thread International, which makes fabric from recycled plastics used by brands such as Marmot, Timberland and Adidas subsidiary Reebok, told The Financial Times that: “Prices will come down as we develop more capacity to collect, clean and process used plastics.”

Adidas’s move comes as more brands embrace recycled materials, in part to burnish their green credentials and increase their appeal as an anti-plastics movement has swept across the UK and Europe.Adidas vows use recycled plastics 2024

Clothing brands, including Patagonia and H&M, already use recycled polyester in certain items and fashion brand Stella McCartney has promised to stop using virgin nylon by 2020.Adidas vows use recycled plastics 2024

The Times said Adidas has been experimenting with making kits from recycled plastics for several years, and used re-used water bottles to make volunteer uniforms for the Olympic Games in London in 2012.

Related topics

-Volvo sets goal of 25% recycled plastics in cars from 2025 – Volvo says at least 25 percent of the plastics used in its new cars from 2025 will be from recycled materials, in an anti-pollution plan praised by the United Nations. – Volvo 25% recycled plastics cars

Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Recycled Plastic Waste Creates Roads   Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

by  Patrick J. Kiger

Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumenU.K. startup MacRebur uses recycled plastic as a replacement for bitumen in material for paving roads. MacRebur

A few years ago, engineer Toby McCartney was working in southern India with a charity that aided pickers who worked at landfill sites harvesting reusable items and selling them. McCartney discovered that plastic waste they retrieved was being put into potholes in roads, doused with gasoline, and set afire. When the plastic melted into the holes and then hardened, it filled them.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

When McCartney returned to Scotland, he told two of his friends about what he had seen. As MacRebur co-founder and chief operating officer Gordon Reid recalls, they decided that it would work better to use plastic waste to create a new type of material specifically designed for use in roads. After a year of research, they developed a method for transforming a mix of industrial and consumer plastic waste into pellets of a new material that could replace bitumen, the oil-based sealing material that holds asphalt together in roads.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Since MacRebur started operations in April 2016, the company’s recycled plastic road-building material has been used to build roadways in places ranging from Australia to Dubai, according to the Daily Record, a Scottish newspaper.

“We’ve got roads on every continent,” Reid notes. “And we’ve had interest from round about 50 countries in the world. The company currently is having discussions with a university in California about building a test road to demonstrate that its plastics are compatible with standards in the U.S.,” he says.

The Plastic and Bitumen Mixture

According to Reid, using recycled plastic for road building sounds simple, but it actually requires a complex process to create the right material. “Different plastics do different things to bitumen,” he explains. “If you use the wrong mix, it actually can make the bitumen more brittle.”Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

MacRebur avoids using PET bottles and other types of plastic that are easily recycled, and instead concentrates on types of waste plastic that might otherwise end up buried in the ground. Reid declined to go into too much detail, so as not to reveal too much about MacRebur’s proprietary process.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

In addition to keeping plastic out of landfills, the company’s plastic road materials can save about 1 ton (.907 metric tons) in carbon dioxide output for each ton of bitumen that the plastic replaces, according to this fact sheet from MacRebur’s website.

The company has developed different types of road-building plastic for different environments. One variety is designed for roads in places such as the Middle East, where more tensile strength is needed to resist asphalt’s tendency to deform from heat. Another is designed to be more flexible, and resist the freeze-thaw cycle in colder places such as Canada or Scotland, Reid says.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

MacRebur’s current products are capable of replacing between six and 20 percent of the bitumen in roads, but Reid is hopeful that within two years, improved versions will replace as much as 50 percent.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Reid says that MacRebur’s plastic road materials physically bind with the bitumen, which prevents it from breaking loose and getting into the environment. “The plastic melts into the bitumen and it becomes the same, since they’re both hydrocarbons,” he explains.

Plastic Pins

In the U.S., plastic already is being used in road maintenance. University of Texas at Arlington civil engineering professor Sahadat Hossain, director of the school’s Solid Waste Institute for Sustainability, has turned to recycled plastic as a way to solve the problem of unstable soil on highway slopes, which eventually can cause the road surface to fail as well. He’s developed a technology for taking plastic from landfills and then recycling it to manufacture giant pins that are inserted in the failing soil to stabilize it.

The recycled plastic pin “has been successfully tested as a laterally loaded pile in different highway slope stabilization projects in the state of Texas, Iowa and Missouri,” Hossain explains in an email. “The Texas Department of Transportation has adopted the recycled plastic pin as one of their approved slope stabilization methods.” It takes just three to four minutes to install each of the pins in the ground, so an entire unstable area can be shored up in a few days, he says.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

“Once [the pin] is installed into the ground, it is less susceptible to degradation, which makes it a long-lasting solution for slope repair,” Hossain says.

According to Hossain’s UTA web page, each recycled pin utilizes about 500 plastic soda bottles. At one of the demonstration sites, Hossain’s research group put 600 plastic pins into the ground, making use of 300,000 plastic bottles that otherwise would have ended up in landfills.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Hossain thinks that the Chinese government’s recent decision to ban imports of plastic waste for recycling could create an opportunity for U.S. entrepreneurs to make road materials. China imported 776,000 metric tons of waste plastic from the U.S. in 2016, according to Chemical and Engineering News.

“I am positive more and more roads will be constructed using recycled plastics,” Hossain says.

But more work needs to be done to develop new methods, including full-scale testing and life-cycle analyses of roads containing plastic materials, he says.

Related Topics

-Volvo sets goal of 25% recycled plastics in cars from 2025 – Volvo says at least 25 percent of the plastics used in its new cars from 2025 will be from recycled materials, in an anti-pollution plan praised by the United Nations. – Volvo 25% recycled plastics cars

Coca-Cola continues sustainable packaging UK-wide DRS

Coca-Cola continues sustainable packaging initiative and calls for UK-wide DRS   Coca-Cola continues sustainable packaging UK-wide DRS

Coca-Cola continues sustainable packaging initiative and calls for UK-wide DRS

Coca-Cola has re-affirmed its commitment to producing more sustainable packaging, a year after launching the initiative.

Coca-Cola continues sustainable packaging UK-wide DRS

In an update, Coca-Cola European Partners (CCEP) and Coca-Cola Great Britain (CCGB) said all large PET bottles, including Coca-Cola, Sprite and Fanta, will start to move to 40% rPET this year – part of the target of transitioning the whole of its PET portfolio to 50% rPET.Coca-Cola continues sustainable packaging UK-wide DRS

Nick Brown, head of sustainability at CCEP, said the company is replacing the branding on its bottle closures with messages encouraging consumers to recycle.

The closures are on Coca-Cola and Coca-Cola Zero sugar 500ml bottles and will appear across the rest of the Coca-Cola portfolio by the end of the year, creating over 900 million opportunities to see these new recycling messages each year.

The drinks giant also said it continued to support a ‘well-designed’ Deposit Return Scheme (DRS), and spelt out a number of recommendations, including not charging VAT on the scheme, good financial management and fraud control, a common approach covering the whole of GB, run by one not-for-profit management company and ensuring retailers, machine suppliers and hauliers are paid.Coca-Cola continues sustainable packaging UK-wide DRS

Brown said: “As a business we want to keep challenging ourselves to ensure we are part of the solution on packaging, whether it is setting ourselves ambitious targets or joining key government working groups. Initiatives like our investment in bottle recycling in GB and our commitment to keep increasing recycled material in our packs are key to ensuring more packaging is collected and reprocessed.

We believe we are at a crucial moment in time, with a once-in-a-generation opportunity to create real change for packaging recovery systems in GB. We have been clear on our support for a well-designed Deposit Return Scheme in Great Britain for some time – however with a DRS consultation now open in Scotland and one planned for England later on this year, it is crucial that all parties come together to develop this collaboratively. This is why we’ve revealed our vision on what is required for a practical, joined up DRS system.”Coca-Cola continues sustainable packaging UK-wide DRS

Liz Lowe, GB sustainability manager at CCGB added: “Having some of the largest, most visible brands in the world presents a unique opportunity to reach and inspire a wide number of people. Over the past year we’ve redirected a significant amount of marketing investment into recycling messaging, and into making recycling as easy as possible with really visible on-pack messaging.”Coca-Cola continues sustainable packaging UK-wide DRS

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Price ethylene Asia remained stable

The price of ethylene in Asia remained stable on July 16  Price ethylene Asia remained stable 

Price ethylene Asia remained stable MOSCOW- The price of ethylene in Asia on July 16 remained stable, ICIS reports citing market participants.

Thus, the price of ethylene remained unchanged at USD1,390 per tonne, CFR NE Asia (North-East Asia).

The buyers mostly adhered to their price indicators against the backdrop of bad margins, while suppliers were considering price increases against the backdrop of limited regional supplies.

Previously reported , ethylene prices in Asia remained stable July 11 compared with the previous day. So, the price of ethylene on July 11 in Asia was at the level of USD1390 per tonne, CFR Northeast Asia. Price ethylene Asia remained stable  

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

According to the Price Review of ICIS-MRC , in Russia last week the buying activity in the PE market was low, but the demand is stable.Price ethylene Asia remained stable  

In some segments of the PE, supply restrictions remain, but as such there is no shortage and no rush in connection with this market.Price ethylene Asia remained stable  

As a result of the week, there was a rise in prices, as well as a slight decrease. The greatest shortage of supply is noted in the segment of the IPA.

There is a deferred demand since June, there is a good demand for this polyethylene in July.Price ethylene Asia remained stable  

Source : mrcplast.ru

Author:                Anna Larionova

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South Asia PE, PP trades stay weak amid uncertainties    South Asia PE Polyethylene PP Polypropylene trades stay weak 

PET polyethylene terephthalate supplies Europe improved

PET supplies in Europe improved   PET polyethylene terephthalate supplies Europe improved  

PET polyethylene terephthalate supplies Europe improved MOSCOW ( MRC ) – Supplies of polyethylene terephthalate (PET) in Europe have improved, but the market balance remains volatile, ICIS reports citing market participants.

Supplies have improved due to the end of force majeure circumstances for some manufacturers.  PET polyethylene terephthalate supplies Europe improved  

So, last week the Indian company JBF Industries withdrew force majeure in the manufacture of polyethylene terephthalate (PET) in Gel (Geel, Belgium), announced due to a shortage of supplies of raw materials to TFK. The company announced a force majeure for the supply of PET from this production facility with two lines with a total capacity of 432 thousand tons per year on May 16.

The prices fell below the maximum reached earlier at the level of EUR1400 per tonne, FD Europe. Asian imports are again seen as a relatively competitive option, especially for supplies in September and October.

“The market balance is still too fragile, with any change in circumstances, prices may rise again,” said one of the traders.  PET polyethylene terephthalate supplies Europe improved  

According to the Price Review of ICIS-MRC , the situation in the Russian injection molded PET market changed sharply in July.   PET polyethylene terephthalate supplies Europe improved  

The downward price trend in the domestic spot market of PET granules this week has intensified against the backdrop of a decline in peak demand for Russian granules.

The material prices of Chinese plants are going down for the fifth week in a row. The upper limit of the spot prices of the Ecopet plant for a lot of 20 tons dropped to 150,000 rubles. per ton, CPT Moscow, including VAT.  PET polyethylene terephthalate supplies Europe improved  

According to unofficial information, the Kaliningrad plant concluded a spot deal for the sale of 700 tons of PET at a price of 133500 rubles. per ton, CPT Moscow, including VAT. The plant still has some free July volumes.

mrcplast.ru

Author:                Anna Larionova

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South Asia PE Polyethylene PP Polypropylene trades stay weak

South Asia PE, PP trades stay weak amid uncertainties    South Asia PE Polyethylene PP Polypropylene trades stay weak 

Source:ICIS News

SINGAPORE (ICIS)–Spot polyolefin trades in south Asia may remain subdued through August amid uncertainties related to India’s plastics ban and to Pakistan’s upcoming elections.

On 13 July, linear low density PE (LLDPE) film prices were at $1,090-1,120/tonne CFR (cost & freight) India, down $10/tonne week on week; and at $1,140-1,180/tonne CFR Pakistan, down $10/tonne at the low end of the previous week’s assessed range, according to ICIS data.

Prices of PP raffia/injection declined $10-20/tonne over the same period to $1,260-1,280/tonne CFR India and $1,280-1,310/tonne CFR India, the data showed.

South Asia PE Polyethylene PP Polypropylene trades stay weak

South Asia PE Polyethylene PP Polypropylene trades stay weak

In India, a weak rupee (Rs) against the US dollar continued to undermine bulk PE and PP imports, especially since domestic supply is sufficient to cover immediate requirements.

Some PE grades, such as low density PE (LDPE) and LLDPE film, remained oversupplied in the country as most local producers run their plants at near-full rates.

Some producers also continued to offer incentives for bulk LLDPE film purchases amid a surplus of local supply, further rendering imports unattractive, an Indian trader said.

India turned into a net PE exporter in the fourth quarter of 2017, following start-ups of major local facilities.

For high density PE (HDPE) film, local supply has remained tight, as producers were maximizing HDPE pipe production at almost all stand-alone facilities, in view of better margins realised in pipes.

Despite the tight supply, spot import prices of the material have been declining since June, weighed down by weakness in the Chinese market.

The Indian rupee’s continued depreciation has been worrying traders, which are currently holding stocks bought in April-June at higher prices.

The ban on 23 June on use of disposable plastics in the Maharashtra state, where Mumbai is located, has further weakened demand for HDPE film. Mumbai is one of the most populous cities in the country.

Maharashtra is the 18th state in the country to announce the ban, with Mumbai now the largest city in India to ban single-use plastics.

HDPE film is widely used in the manufacture of plastic bags.

Market players expect demand for some PP grades to also be affected by the ban.

“PP tubular quenched (TQ) film widely used in packaging, so demand for this has also slowed locally,” an Indian buyer said.

Market players have adopted a cautious stance due to uncertainties over the ban’s coverage.

“We are still awaiting clarity on what are the items covered under the ban. There are items being excluded from the list as well such as packaging at the manufacturer’s end, so we need to wait till we can have full clarity on what exactly is covered by the ban,” an Indian trader said.

In Pakistan, demand for polyolefins has remained largely weak this month ahead of its general elections on 25 July.

The recent sharp depreciation of the Pakistani rupee (PRs), following the central bank’s call to boost the country’s foreign exchange reserves, has rendered imports expensive.

“The market is expected to recover not before late August, by which [time] we can have some clarity on the new government coming into power and its policies,” a Pakistan-based processor said.

Picture: Vallarpadam Terminal, Kochi, Kerala, India (Photographer: Olaf Kruger/imageBROKER/REX/Shutterstock)

By Veena Pathare
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VELOX SK Chemicals announce developed transparent bio-plastic

VELOX and SK Chemicals announce newly developed transparent bio-plastic    VELOX SK Chemicals announce developed transparent bio-plastic  

by Grace Nolan

AMPAC Fine Chemicals Acquired SK Holdings

AMPAC Fine Chemicals To Be Acquired By SK Holdings   AMPAC Fine Chemicals Acquired SK Holdings

AMPAC Fine Chemicals

 AMPAC Fine Chemicals Acquired  SK Holdings RANCHO CORDOVA, California, /PRNewswire/ — AMPAC Fine Chemicals (“AFC”), a leading US-based Contract Development and Manufacturing Organization (“CDMO”), today announced its sale to SK Holdings (“SK”), an investment holding company of SK Group (South Korea). This acquisition is the largest M&A transaction announced in the Korean pharmaceutical industry.

Since February 2014, AFC has been owned by H.I.G. Capital (“H.I.G.”), a global private equity firm. Under H.I.G.’s ownership, AFC expanded the manufacturing footprint at Rancho Cordova, CA facility, started AMPAC Analytical, acquired a state-of-the art plant in Petersburg, VA, substantially enhanced its product pipeline, and delivered industry-leading growth every year since acquisition.AMPAC Fine Chemicals Acquired SK Holdings

SK is purchasing AFC due to its unique capabilities, world class facilities, excellent reputation, outstanding people and great growth potential. AFC is SK’s sole CDMO operation in the US and will play a crucial part in SK’s development as a global leader in pharmaceuticals manufacturing.AMPAC Fine Chemicals Acquired SK Holdings

“Pharmaceuticals is one of SK Holdings’ key pillars of growth and the acquisition of AFC is an important step towards becoming a global player in the market,” said Donghyun Jang, President and Chief Executive Officer of SK Holdings. Mr. Jang added, “AFC’s development and manufacturing capabilities and outstanding regulatory track record are an excellent complement to SK.”AMPAC Fine Chemicals Acquired SK Holdings

Aslam Malik, Chief Executive Officer of AFC, added, “We are excited to join SK Holdings. SK and AFC are highly complementary and with SK’s strong presence in Europe and Asia, we will be able to provide our customers a much broader portfolio of offerings including a global supply chain. Together we will achieve SK’s goal of becoming a global, top-tier CDMO.”AMPAC Fine Chemicals Acquired SK Holdings

ABOUT AMPAC FINE CHEMICALS

AFC is a U.S.-based company with demonstrated capabilities in process development, scale-up, and cGMP commercial production of active pharmaceutical ingredients and registered intermediates for pharmaceutical and biotechnology customers.  Its specially engineered facilities and experienced staff allow AFC to safely produce highly energetic compounds at commercial scale. AMPAC Fine Chemicals Acquired SK Holdings

AFC’s other technology platforms include production of highly potent compounds, continuous processes and industrial-scale chromatographic separation using simulated moving bed chromatography.AMPAC Fine Chemicals Acquired SK Holdings

In addition, AMPAC Analytical also provides testing services to the pharmaceutical industry. AFC’s operations are located in Rancho Cordova & El Dorado Hills CALa Porte, TX and Petersburg, VA.  Additional information about us can be obtained by visiting our web site at www.ampacfinechemicals.com.

ABOUT SK HOLDINGS

SK Holdings continues to enhance its portfolio value by executing long-term strategic investments with a number of competitive subsidiaries in various business areas, including energy and chemicals, information and telecommunication, and semiconductors. In addition, SK Holdings is focused on reinforcing its growth foundations through profitable and practical management based on financial stability, while raising its enterprise value by investing in new future growth businesses. For more information, please visit http://www.sk.com/en/index.jsp.

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Bioplastics solve plastic pollution problem plastic crisis

Why “bioplastics” won’t solve our plastic pollution problem     Bioplastics solve plastic pollution problem plastic crisis

With the process to develop European laws to cut plastic pollution in full swing, we are witnessing a big push for bio-based and biodegradable plastics as a supposed quick fix to our plastic crisis.

This infographic explains why they are not. These so called “bioplastics” are not an excuse to keep using single-use plastics – prevention and reuse are the real solutions.

 Bioplastics solve plastic pollution problem plastic crisis

Read more

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Earlier date Intertextile Shanghai proves popular

Earlier date of Intertextile Shanghai proves popular   Earlier date Intertextile Shanghai proves popular

This September will see over 4,000 suppliers and more than 70,000 trade buyers gather for Intertextile Shanghai Apparel Fabrics, and the earlier date for the industry’s largest trade event is attracting many of the biggest apparel fabrics and accessories back to the 2018 edition.Earlier date Intertextile Shanghai proves popular

Signed up to return with their Group Pavilions, which will feature these brands’ partner mills, are Birla, DuPont, Hyosung, Invista and Lenzing, while Ecocert / GOTS and Oeko-Tex will also have their own pavilions in the All About Sustainability area.

Earlier date Intertextile Shanghai proves popular

In the Functional Lab area, leading players such as Aquafil, Nilit, Toray and Unifi will feature again, while 3M are confirmed to participate in Accessories Vision. Two international promotion bodies Cotton Council International and The Woolmark Company also return, as do global Chinese players Bros Eastern and Huafu Fashion. Among the many Japanese participants will be Komatsu Seiren and Stylem, while Dormeuil and Malhia Kent from France participate again this year.Earlier date Intertextile Shanghai proves popular

New hall allocation

The unavailability of three halls at the National Exhibition and Convention Center in the latter part of this year has resulted in a reorganisation of the hall allocation, with the two International Halls being 4.1 and 5.1 this edition, and domestic exhibitors grouped by product end-use throughout eight halls.Earlier date Intertextile Shanghai proves popular

Hall 4.1 will include country and region pavilions of India (Texprocil and Indian Chamber of Commerce Pavilions), Pakistan and Taiwan, group pavilions of Birla, DuPont, Hyosung, Invista and Lenzing, and feature zones will be Digital Printing Zone and Functional Lab.

Hall 5.1 will feature France, Germany, Hong Kong, Japan, Korea, Taiwan, Thailand and Turkey pavilions, as well as the Milano Unica Pavilion, in addition to pavilions of Ecocert / GOTS, Korea Textile Center, Korea Textile Trade Association and Oeko-Tex. Feature zones will include All About Sustainability, Premium Wool Zone, SalonEurope and Verve for Design.Earlier date Intertextile Shanghai proves popular

One-off change

This same unavailability of the halls has also necessitated a change for Yarn Expo for its 2018 Autumn Edition. Originally scheduled to take place concurrently with Intertextile Shanghai, it will now be held from 15-17 October, also at the National Exhibition and Convention Center, and will coincide with the biennial ITM Asia + CITME textile machinery fair.Earlier date Intertextile Shanghai proves popular

This one-off change is only for 2018, with Yarn Expo and Intertextile Shanghai Apparel Fabrics to be held concurrently again for both the Spring and Autumn Editions next year.

On display

As a sourcing platform in the industry, the fair’s product groups include cotton, wool, man-made, silk, linen / ramie, denim and knitted fabrics, as well as lace and embroidery, fibres and yarns, garment and fashion accessories, original pattern designs, sustainability products and services and digital printing technologies. Application areas for these products include ladieswear, menswear, suiting, shirting, casual wear, functional wear / sportswear, denimwear, lingerie and swimwear, children’s wear and more.

Intertextile Shanghai Apparel Fabrics will still run concurrently with the CHIC and PH Value fairs this edition, which take place in halls 2 and 3.Earlier date Intertextile Shanghai proves popular

www.intertextileapparel.com

Source : Knitting Industry

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Toray Plastics America three new films Pack Expo Intl. 2018

Toray Plastics (America), Inc. to showcase three new films at Pack Expo Intl. 2018    Toray Plastics America three new films Pack Expo Intl. 2018

by: PlasticsToday Staff
Packaging
Extrusion: Film & Sheet, Materials

Toray Plastics America three new films Pack Expo Intl. 2018It’s a three-family affair for Toray Plastics (America), Inc. (North Kingstown, RI) at Pack Expo Intl. 2018, October 14-17, at McCormick Place in Chicago, booth 6275.

The global provider of clear, metallized, white, and bio-based thin film barrier technology will feature advancements in three families of packaging films—Torayfan clear barrier BOPP, Torayfan white BOPP, and Lumirror high barrier PET.

These portfolios are manufactured with Toray’s proprietary technology and provide brands and converters with creative solutions that deliver solid performance with a lower total cost.Toray Plastics America three new films Pack Expo Intl. 2018

Desirable film features include thin and ultra-thin offerings, transparent high-barrier, metallized to replace foil, a white pigmented appearance, bio-based materials, integrated sealant technology with improved hermeticity and seal strength, easy-open packaging and lidding, “premium-feel” outer webs, and solutions for digital printing and e-commerce applications. Additional product announcements will be made at the show.

“Sophisticated consumer preferences are driving packaging design decisions,” says Tammy Williamson, Associate Product Manager, Torayfan Division. “People’s desire for fresh and ‘clean’ foods, product visibility, sturdy, ‘on-the-go’ packaging, portion-control, and e-commerce convenience, along with their expectation that a company demonstrate a verifiable commitment to sustainability is clear. Toray has a legacy as a leader in film technology innovation, including bio-based films, and sustainable business practices, and we are very excited to share our knowledge with Pack Expo attendees this fall.”

PLASTEC Minneapolis 2018 held June 12-14 October 31-November 1 is part of the Midwest’s largest advanced design and manufacturing event that also includes MinnPack brings you the latest in materials and additives, injection molding, rapid prototyping, coatings, automation, packaging and more. For details, visit PLASTEC Minneapolis.Toray Plastics America three new films Pack Expo Intl. 2018

The Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

• Torayfan CB3 portfolio, a new generation of transparent high-barrier biaxially oriented polypropylene films. CB3 films are available in 70 and 80 gauge versions in sealable and non-sealable versions. These new films are polyvinlyidene chloride-free and offer superior barrier-durability protection for nuts, seeds, snacks, cookies, dried fruit, and confections.

• New Torayfan white pigmented BOPP films for snack food packaging are metallized on one side in sealable and non-sealable versions and are available in a variety of barrier levels and heat-seal strengths. Toray’s white films combine the pigment, sealant, and barrier in one web, enabling the manufacture of a standard two-ply lamination.

• Toray’s new Lumirror high-barrier PET films designed to provide extended shelf life. New MK6HB metallized film offers outstanding oxygen and moisture-barrier protection, and PA1HB is a clear-barrier film that delivers outstanding oxygen barrier. Both offer superior aroma protection.Toray Plastics America three new films Pack Expo Intl. 2018

• New Over the Mountain high-barrier BOPP films. These OTM films are designed with integrated sealant technology, improved hermeticity (air tightness), and the seal-strength to withstand the air pressure changes that occur when products are transported in changing altitudes, which can cause a package to burst. They’re also robust enough to eliminate the need for a separate sealant film and allow a switch from a complex three-ply lamination to a two-ply structure. Converters value not needing the separate sealant web and the extra lamination step. OTM films are ideally suited for the regional manufacturer that wants national distribution and for e-commerce applications.

For more information about Toray films to be featured at Pack Expo Intl. 2018, contact Mary.Osso@Toraytpa.com or call 401-667-2281.

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Sabic lowered August contract price MEG Asia

Sabic lowered the August contract price of MEG for Asia by USD25 per tonne    Sabic lowered August contract price MEG Asia 

Sabic lowered August contract price MEG Asia MOSCOW – Sabic, the largest Saudi petrochemical company, has lowered the contract price of monoethylene glycol (MEG) to supply material to the Asian market in August at USD25 per tonne in relation to supplies in July, ICIS source in the company said.

Thus, the contract prices of the company’s MEG for July deliveries to Asia will be at the level of USD1,080 per tonne, CFR Asia.Sabic lowered August contract price MEG Asia

The continued depreciation of the Chinese yuan against the US dollar weakened consumer interest from the second half of June, putting downward pressure on MEG prices.

Earlier it was reported that Sabic had lowered the contract price of monoethylene glycol (MEG) for supplies of material to the Asian market in July at USD45 per tonne compared to the June price level to USD1,105 per tonne, CFR Asia.Sabic lowered August contract price MEG Asia

MEG is one of the main raw materials for the production of polyethylene terephthalate (PET).Sabic lowered August contract price MEG Asia

According to the Price Review of ICIS-MRC , the situation in the Russian injection molded PET market changed sharply in July.Sabic lowered August contract price MEG Asia

The downward price trend in the domestic spot market of PET granules this week has intensified against the backdrop of a decline in peak demand for Russian granules.Sabic lowered August contract price MEG Asia

The material prices of Chinese plants are going down for the fifth week in a row. The upper limit of the spot prices of the Ecopet plant for a lot of 20 tons dropped to 150,000 rubles. per ton, CPT Moscow, including VAT.

According to unofficial information, the Kaliningrad plant concluded a spot deal for the sale of 700 tons of PET at a price of 133500 rubles. per ton, CPT Moscow, including VAT. The plant still has some free July volumes.

Sabic is a diversified company producing chemical products, industrial polymers, fertilizers and metals. It is the largest state company in Saudi Arabia.

Sabic is currently the world’s second largest producer of ethylene glycol, the third largest producer of polyethylene, the fourth largest producer of polypropylene.

Sabic reduced its net profit last year by 7% to SR23.43 billion (Saudi reais), which is equivalent to USD6.24 billion, as the average price of sold products and the increased sales volumes decrease.

mrcplast.ru

Author:                Anna Larionova

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USA China Trade War will Impact Plastics Industry

USA China Trade War will Impact Plastics Industry

The trade war has escalated impacting the plastics industry.

USA China Trade War will Impact Plastics Industry100 types of plastic products, materials and equipment from China are included on the 10 July lists of goods that will be taxed. The list represents an approximate value of $200bn (€172bn) worth of Chinese goods. The list includes flexible tubes, pipes, hoses, PVC and other plastic tiles, flooring, furniture, bags and boxes, building products, luggage, plastic machinery and moulds.US-China Trade War will Impact Plastics Industry  

Import taxes were also imposed on steel and aluminium from Canada, the European Union and Mexico earlier this year. The U.S. plastics industry relies on steel and aluminium imports to manufacture goods so these sanctions will also impact the plastics industry.

The Trump administration justifies the trade sanctions against China to protect US national security and intellectual property, and to reduce the U.S. trade deficit.

Trump and many others accuse China of unfair commercial practices.

China’s unfair commercial practices

  • exporters receive export tax rebates and export subsidies;
  • exporters receive subsidies for the construction of plants and the purchasing of equipment;
  • exporters receive subsidies to cover start up losses and training costs;
  • local and national governments finance start ups;
  • China doesn’t respect quality and safety guidelines leading to lower production costs;
  • strict control of the Chinese currency leads to an under evaluated currency making Chinese exports even cheaper;
  • intellectual property rights & piracy – China copies almost everything;
  • corruption: China bribes its way through (ex: How China accesses natural resources in Africa);
  • child labour and inhumane working conditions.

China’s unfair commercial practices results in

  • Chinese Trade Surplus with the US;
  • many US jobs go to China because of cheap labour and low production costs;
  • China has a huge cashflow and buys many US assets.

China is not the only one to blame for this distorted situation. US and the rest of the world have accepted a lot from China under the so-called “free trade” fairy tale.

Many US companies benefit from cheap labour and low production costs by running operations in China and importing cheap Chinese goods.

We’ve all heard the smartphones stories: child labour, cheap production costs, high margins and trillions of profit.US-China Trade War will Impact Plastics Industry  

Trump reminds us of the bad guy in the “Back to the Future” trilogy; Mad Dog Tannen. Many believe China needs to be stopped before it disrupts Western democracies like the oil crisis in the 1970s.US-China Trade War will Impact Plastics Industry  

Trump could be the right guy to win this trade war against China because he doesn’t really care about the consequences. His attention span is close to the one of the goldfish so he doesn’t really bother about the details.US-China Trade War will Impact Plastics Industry  

One may ask the following questions. How far will this escalate and who will give in first? Will Trump push China into a corner and force it to capitulate? Will this be the ultimate power test for China? US-China Trade War will Impact Plastics Industry  

Will China come out as a winner or will it be domesticated by Trump? Will a trade war lead to social unrest in China?US-China Trade War will Impact Plastics Industry  

What about the rest of the World? Japan is an ally of the US and their relationship with China has not always been “romantic”. India lives in the shade of China and could benefit from a weaker China. Turkey could also inherit some Chinese business.

What about Europe? Was it not Kissinger who said: Who do I call if I want to call Europe? The president of the EU Commission, Juncker, is not always sober. UK will be removed from the EU equation because of Brexit.US-China Trade War will Impact Plastics Industry  

Merkel has been long enough in power to have burnt her wings regarding European foreign policies. Spain is in a political crisis between corruption scandals and separatism. Italy has an extreme right political party in power. Greece was transferred to the bankers. That’s about it.US-China Trade War will Impact Plastics Industry  

Will Mad Dog Tannen bluff his way through a trade war, domesticating China a little bit more? Will the trade war have a long lasting negative impact on the plastics industry or will the industry adapt, modernise and become more lean and agile? Or Will the trade war just fade away?US-China Trade War will Impact Plastics Industry  

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AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

Plastic-metal composite and alternatives to PA 6.6 in focus for lightweight construction  AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

Akro-Plastic offers up substitute for nylon 6/6

AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

Plastic-metal composite and alternatives to PA 6.6 in focus for lightweight construction

Polyamide 6.6 compounds have limited availability in the market due to the shortage of raw materials that has existed for years, and prices are rising steadily.  Therefore, AKRO-PLASTIC has set itself the task as an attractive alternative to modify a PA 6 so that it achieves comparable properties to a PA 6.6.

The new development of AKRO-PLASTIC with regard to a PA 6.6 substitution is called AKROMID® B +.  Reinforced with 50% glass fibers, this compound is conditioned and reaches the same strengths at 80 ° C as a conditioned PA 6.6 GF50 (115 MPa breaking stress).  The stiffness of the conditioned material is also almost at the level of PA 6.6.  “Our new polymer-modified PA 6-type is priced between PA 6.6 and PA 6 and therefore offers considerable savings potential,” says Thilo Stier, Head of Innovation and Sales at AKRO-PLASTIC.AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

A portfolio of 30 to 50% glass-reinforced AKROMID® B + compounds is available for sampling, with a 60% fiber grade coming soon.  “We will present the first components made of the new material and complete material values ​​such as aging and conditioning to our visitors at our booth,” adds Stier.AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

For some time now there has been a development partnership with the company Plasmatrat with regard to material development with regard to plastic-metal composite.  The resulting AKROMID® PST creates a tensile shear strength of well over 50 MPa in combination with stainless steel, for example.  “After intensive development of these compounds, we now have excellent adhesion to aluminum.  This is above 30 MPa with an overlap area of ​​12.5 x 25 mm.  In some aluminum variants, tensile shear failure causes fracture in the aluminum and not in the adhesion surface (see Figure 1), “explains Cyprian Golebiewski, Head of Application Engineering at AKRO-PLASTIC.

As an alternative to hydrolysis-stabilized polyamide, the compounder with AKROMID® A3 GF 30 4 L black (4678) presents a new material with outstanding mechanical properties and resistance to hydrolysis.  The blend of PA 6.6 and PP provides excellent hydrolyzing properties.  The proportion of PA 6.6 is significantly reduced here, and the material is also density-optimized, thus offering an additional weight advantage.

BIO-FED, a branch of AKRO-PLASTIC GmbH based in Cologne, produces and markets biodegradable and / or bio-based plastics under the M ∙ VERA® brand.  In order to meet the legal requirements, inter alia in France and Italy, BIO-FED offers compounds with a correspondingly high proportion of renewable raw materials (bio-based carbon content above 40%) and variable end-of-life scenarios such as OK compost INDUSTRIAL, OK compost HOME and OK biodegradable SOIL, which will also be presented to the German-speaking trade audience at the Fakuma.

Also based in Niederzissen, AF-COLOR is, as a further branch of AKRO-PLASTIC, the specialist for color and additive masterbatches.

It informs trade fair visitors about new chemical blowing agents for use in thin-walled packaging applications, which are produced in the multi-layer production process or used in technical-constructive applications. AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

In addition, AF-COLOR will introduce its new additive portfolio for PET packaging applications.AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

You will find AKRO-PLASTIC at the Fakuma 2018 together with its branches AF-COLOR and BIO-FED and the sister company KD Feddersen at the joint stand in hall B2, 2209.

Source: AKRO-PLASTIC

Related Topics

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

-Mahlo to participate in CINTE Techtextil expo in Shanghai

BioEconomy LCA Life Cycle Assessment Bioplastics

European Commission, European Environment Agency and EU Universities on BioEconomy, LCA and Bioplastics     BioEconomy LCA Life Cycle Assessment Bioplastics

 BioEconomy LCA Life Cycle Assessment BioplasticsThe following presentations were given during a Bioeconomy Conference in Brussels in June 2018

The conference served as a platform to present and discuss the considerations emerging from the study “Bioeconomy: Support to Policy for Research and Innovation”.

The overall objective of the study Bioeconomy: Support to Policy for Research and Innovation is to provide a range of new information and analyses on three distinct but related topics comprising:

  • Full Life Cycle Assessment (LCA) of case studies comparing bio-based with fossil based products
  • EU  success stories, with insights on the bio-based sector and the investment potential it offers
  • Top emerging bio-based products, their properties and industrial applications

PRESENTATIONS

  • European Environment Agency

The circular economy and the bioeconomy – Partners in sustainability

  • Utrecht University

Life Cycle Assessments of seven innovative bio-based products

  • European Commission

Plastics LCA – challenges and knowledge gaps

  • University of Bologna

Related Topics

-Sustainable Plastic Bioplastic (Com)Promise   Sustainable Plastic Bioplastic (Com)Promise plastic waste

-Bio-on inaugurates in Italy the first special bioplastics production plant. 100% natural and biodegradable – Bioon Italy special bioplastics 100% natural biodegradable

French develop EPS Recycling Scheme polystyrene

French to develop EPS Recycling Scheme   French develop EPS Recycling Scheme polystyrene 

French develop EPS Recycling Scheme polystyrene

French to develop EPS Recycling Scheme (c) Jon Larson

Two French companies and two national industry associations have joined forces to launch a polystyrene recycling system as part of France’s contribution to the EU’s Circular Economy plans. According to estimates, some 110,000 t of PS-based packaging is placed on the market annually across the country.

The partners in the venture – energy and petrochemicals group Total, building materials producer Saint-Gobain, the recyclers association Citeo and dairy products group Syndifrais – are currently studying the technical and cost feasibility of their scheme, with an eye to launching it up to 2020. Other players in the PS and recycling fields may join the project at a later date.French develop EPS Recycling Scheme polystyrene

Citeo, the recycling group formed in 2017 through a merger of French national packaging waste company Eco Emballages with Ecofolio, will have responsibility for sorting and preparing the collected waste material for recycling, while Syndifrais will evaluate the technical findings to improve the plastic products and facilitate their reuse. The project will also seek to identify uses for the recyclate.French develop EPS Recycling Scheme polystyrene

As its contribution, Total will utilize the recycling technology it successfully tested last year to produce 4,000 t/y of virgin quality PS containing at least 20% recyclate at its plants in Carling, France, and Feluy, Belgium, by 2019. Input material will be drawn from the French household collection system.French develop EPS Recycling Scheme polystyrene

Through its subsidiary Placoplatre, Saint-Gobain is already participating in circular economy initiatives. Placoplatre collects discarded EPS at construction sites and reuses the material in its own production. The company based in Brittany also hopes to use the waste to produce higher quality insulation material containing a recycled component.

Earlier this year, France introduced its circular economy road map under the name Feuille de route pour l’économie circulaire (FREC) and set itself the goal of recycling 100% of plastics waste by 2025.French develop EPS Recycling Scheme polystyrene

At present, the country recycles only 22% of such waste, which is well below the European average.v

Earlier this month, 55 companies and associations working in France, including producers and consumers of packaging and those active in the building and automotive industries, signed a voluntary commitment to use altogether 275,000 additional t of recycled plastics up to 2025.French develop EPS Recycling Scheme polystyrene

Authors

Dede Williams, Freelance Journalist

Related Topics

-Dangers of Food and Water In Plastic Containers  Dangers Food Water Plastic Containers plastic toxins

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

Textiles paying polyester protection textile industry

Textiles: paying for polyester protection   Textiles paying polyester protection textile industry 

 BR RESEARCH

Adaptability holds paramount importance in today’s continuously evolving consumer landscape. After all, the customer knows best and any production incompatible with those wishes will simply fail to make its mark.

Textiles paying polyester protection textile industry

While the textile industry has faced a lot of problems including a high cost of production and an overvalued currency, the lack of product diversification is one that has made Pakistan’s products out-dated and at the risk of becoming irrelevant in the modern space.

Much has been written about it in this space (Read: Changing trends in textiles and Textile: Evolving consumer preferences) and the State Bank of Pakistan’s (SBP) recently released third quarterly report has a special section dedicated to the importance of synthetic textiles for sustaining export growth momentum.

Textiles paying polyester protection textile industry

Pakistan continues to have a pre-dominantly cotton based textile industry while the share of cotton in global fibre consumption has sharply declined from 70 percent more than fifty years ago to 27 percent in 2016.Textiles paying polyester protection textile industry 

The country’s fibre mix is still 80:20 in favour of cotton while according to the report only 25 percent of Pakistan’s spinning machines are using man-made fibres (MMF) to produce blended yarn.Textiles paying polyester protection textile industry 

On the other hand, our neighbours China, India and Bangladesh and other Asian countries including Vietnam and Cambodia together account for more than 80 percent of global polyester staple fibre (PSF) and have become the major players in synthetic textile exports.

Granted, Pakistan does not have an established chemical industry to aid in the production of textile polymers. But as the central bank points out, Vietnam, Bangladesh and Cambodia import MMFs fibres, yarns and fabrics to produce and export synthetic garments. In fact Vietnam is the second biggest exporter of synthetic textile to the US after China.Textiles paying polyester protection textile industry 

So why has Pakistan been left so far behind the curve? The answer lies in illogical policies pertaining to duty imposition (Read: Illogical protectionist measures) leading to what the SBP correctly terms as anti-export bias.

Both purified terephthalic acid (PTA) and PSF have enjoyed high duty protection with a 25 percent duty imposed way back in late nineties.Textiles paying polyester protection textile industry 

After this the share of MMFs in Pakistan’s textile product mix steadily declined even though the duty structure has been somewhat relaxed since then.

Moreover, as the central bank points out the tariff liberalisation has not been uniformly applied to finished products which have more protection compared to raw materials including tow and fibres.Textiles paying polyester protection textile industry 

What this has done is tilt Pakistan’s imports towards fibres in stark contrast to regional peers including Vietnam and Cambodia who import full spectrum of synthetic textiles as illustrated by the figure.Textiles paying polyester protection textile industry 

But even fibres are being subject to high tariff rates as compared to regional peers supposedly to provide protection to the domestic polyester industry.

The government has kept the customs duty at 7 percent in favour of local manufacturers while exporters are paying 11 percent customs duty, as well as 5 percent regulatory duty, on the import of filament yarn.
But at what cost? According to the National Tariff Commission’s (NTC) determination of anti-dumping duty on PSF, the lion’s share of the production is held by Ibrahim Fibers Limited (55%) and ICI Pakistan Limited (29%). Production by both companies for FY17 clocked in at 290,697 and 121,929 tons respectively. But industry stakeholders argue this production only meets a small part of overall fiber consumption in the country.

The Pakistan Yarn Merchants Association (PYMA) believes that for polyester FDY yarn (HS. Code 5402.4700) the local production amounts to only 3 percent and the remaining is imported. Similarly, polyester DTY’s (HS Code 5402.3300) local production amounts to only 25 percent of the required needs of the weaving industry whereas the rest again needs to be imported. This raises some important questions. Firstly if the local supply is unable to meet the required demand what is the purpose imposing an anti-dumping duty? Secondly, as the SBP pertinently points out if after adding all these duties and tariff barriers what is the point if the domestic industry fails to flourish?

As this newspaper has commented before and the SBP has reiterated in its report, the government should reconsider protectionist policies for polyester fibre and filaments if Pakistan’s textile sector is to catch up in the race of shifting towards synthetic fibres.

Copyright Business Recorder, 2018
SourceBusiness Recorder

Related Topics

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

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

Kraiburg TPE portfolio automotive consumer applications

TPE portfolio for automotive and consumer applications expanded  Kraiburg TPE portfolio automotive consumer applications

Outstanding processing, adhesion and surface properties

KRAIBURG TPE is highlighting its market-driven and customer-oriented development expertise at the 26th International Trade Fair Fakuma held from October 16 to 20, 2018 at Friedrichshafen Exhibition Center.Kraiburg TPE portfolio automotive consumer applications

In addition to current applications for its thermoplastic elastomers (TPEs), the company – at Booth 5303 in Hall B5 – will also be showcasing two advanced new material series that provide excellent properties for automotive interior and consumer applications.

“Fakuma is the largest trade fair specializing in plastics processing in Europe, the Middle East and Africa (EMEA),” emphasizes Franz Hinterecker, CEO of KRAIBURG TPE.

“With our comprehensive materials expertise, sound knowledge of the market and consistently close customer relations, we’ll be offering visitors to the fair a comprehensive demonstration of competence covering every aspect of thermoplastic elastomers.”

New compounds for soft-touch automotive interior applications

Kraiburg TPE portfolio automotive consumer applications

With FG/SF, the new THERMOLAST® K series and latest innovation for the automotive industry, KRAIBURG TPE is expanding its portfolio in this growing market segment.

The series comprises several compounds in the Shore A hardness range between 50 and 80 with excellent surface properties for automotive interior parts – properties that include reliable adhesion to polypropylene and good abrasion resistance.

The materials can be processed at relatively low pressures. Along with the standard black and natural colors, customer-specific colors are also available.
The new FG/SF compounds also comply with all common OEM standards for components used in automotive passenger compartments in relation to emission and smell as well as UV-resistance.Kraiburg TPE portfolio automotive consumer applications

The target applications range from floor mats and anti-slip mats with complex geometry that require enhanced surface quality to decorated surfaces and functional parts with a pleasantly soft touch, such as thumb wheels and switches.

FDA-compliant TPEs for multi-component applications with PA

The new compounds in the FC/AD/PA THERMOLAST® K series are aimed at manufacturers in the consumer and food industries.

These materials have been developed specifically for food contact and feature excellent adhesion to polyamides. The natural-colored compounds are available in hardness degrees ranging from 40 to 80 Shore A.Kraiburg TPE portfolio automotive consumer applications

They are not only characterized by easy processing and colorability, but also by high tensile strength and elongation at break.Kraiburg TPE portfolio automotive consumer applications

This makes the TPE family particularly suitable for a wide range of applications with direct food and mouth contact such as container and packaging seals, and parts of kitchen utensils and tableware.Kraiburg TPE portfolio automotive consumer applications

Other applications include sports items and cosmetics, as well as seals for hearing aids.

Diversity through specialization

The applications with thermoplastic elastomers that are being showcased range from motor vehicle window profiles to consumer goods, to e-mobility applications, to electrosurgical instruments and a new mascara container.
From October 16 to 20, at Booth 5303 in Hall B5, visitors to Fakuma will be able to have detailed technical discussions and interviews with the manufacturer’s market and materials experts about the wide range of potential applications provided by the company’s TPE solutions.Kraiburg TPE portfolio automotive consumer applications
Related Topics-New Products: Teknor Apex medical TPEs – Teknor Apex Co. will introduce new medical-grade thermoplastic elastomers for injection molded plunger stoppers at NPE2018, held May 7-11 in Orlando, Fla. – Teknor Apex medical TPEs thermoplastic elastomers-Teknor Apex Supplies Recycled Polyamide Compounds in Europe – Teknor Apex Recycled Polyamide Compounds Europe

Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

ALPLA: Michael Heyde, Head of Recycling Technology.

ALPLA Werke Alwin Lehner GmbH & Co KG

On 2 July Michael Heyde joined the Aus­trian packa­ging pro­ducer ALPLA as head of recy­cling tech­no­logy. The 58-year-old spe­cia­list in recy­cling and the cir­cular eco­nomy will focus on the expan­sion of recy­cling capa­ci­ties at ALPLA.

Heyde is a reco­gnised expert in the deve­lop­ment of new areas of app­li­ca­tion for post-consumer recy­cled plastics. He has exten­sive expe­ri­ence acting as an inter­face bet­ween the waste manage­ment industry and the packa­ging industry. ‘The esta­blish­ment of a centre of exper­tise for recy­cling tech­no­logy at ALPLA is now recei­ving a boost. With Michael Heyde, we will make a decisive impact on the global deve­lop­ment of recy­cling capa­ci­ties. In doing so, we want to expand our pre­vious focus on PET to include HDPE and clo­sures,’ says Dietmar Marin, head of the ISBM and recy­cling busi­ness unit.

Suc­cessful invol­ve­ment at Der Grüne Punkt
Heyde recently served as head of pro­duct and pro­cess deve­lop­ment at Der Grüne Punkt – Duales System Deutsch­land GmbH.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

His respon­si­bi­li­ties par­ti­cu­larly included pro­cess deve­lop­ment for closed-loop sys­tems and the deve­lop­ment of recy­cled mate­rials for the group’s pro­duc­tion faci­li­ties.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

Expe­ri­enced recy­cling spe­cia­list
After com­ple­ting his stu­dies in mechanical/process engi­nee­ring at the Tech­nical Uni­ver­sity of Munich, Heyde began his career as a rese­arch asso­ciate at the Fraun­hofer Insti­tute for Pro­cess Engi­nee­ring and Packa­ging in Frei­sing.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

There, he advanced to head of sys­tems ana­lysis, where his work included the deve­lop­ment of methods for the pre­pa­ra­tion of pro­duct life cycle assess­ments. He earned his PhD from the Tech­nical Uni­ver­sity of Berlin in the sub­ject of food sci­ence and bio­tech­no­logy in 1998. A year later, the engi­nee­ring sci­en­tist took over as head of tech­no­logy at Der Grüne Punkt. Since then, he has made a signi­fi­cant con­tri­bu­tion to the deve­lop­ment of recy­cling manage­ment for packa­ging in Ger­many through various roles within the Duales System Hol­ding group.

More infor­ma­tion about ALPLA: www.alpla.com

About ALPLA:
ALPLA is one of the leading companies in plastic packaging. Around 19,300 employees worldwide produce custom-made packaging systems, bottles, closures and moulded parts at 176 sites across 45 countries.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

ALPLA also operates recycling plants at three locations with an annual capacity of 65,000 tonnes of food-grade rPET. The high-quality packaging is used in a wide range of areas, including for food and drinks, cosmetics and care products, household detergents, washing and cleaning agents, engine oils and lubricants. ALPLA celebrated its 60th anniversary in 2015.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

Addi­tional infor­ma­tion for edi­tors:
ALPLA, Alex­andra Dittrich (PR and Cor­po­rate Com­mu­ni­ca­tions), Tele­phone: +43 (0)5574 602 1083, email alexandra.dittrich@alpla.com
Pzwei. Pres­se­ar­beit, Werner F. Sommer, Tele­phone: +43 (0)699 1025 4817, email werner.sommer@pzwei.at Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

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-ALPLA and FROMM cooperate in PET recycling   ALPLA FROMM cooperate PET recycling Texplast PET bottles

-Alpla plans to establish a new Rigid Plastic Packaging Plant in Dayton, Ohio – Alpenplastik Lehner Alwin GmbH (ALPLA, Inc.) is a global manufacturer of rigid plastic packaging for a wide range of consumer products –Alpla Rigid Plastic Packaging Plant Ohio

Uflex Satellite Thermal Radiation Insulation Film ISRO

Uflex develops Satellite Thermal Radiation Insulation Film for Indian Space Research Organization  Uflex Satellite Thermal Radiation Insulation Film ISRO

Uflex Satellite Thermal Radiation Insulation Film ISRONoida (India): Impressed by the wide range of polymeric films that Flex Films manufactures and the associated R&D capabilities that the company is globally recognized for, Indian Space Research Organization (ISRO) had approached the company earlier in September 2017 with a requirement of specialized film for passive thermal control of spacecraft components.


Flex Films at Noida is the Indian Film Manufacturing Arm of India’s largest multinational flexible packaging materials and solution company Uflex Limited.

Taking this requirement in its stride, the engineers at Flex Films India developed a solution for ISRO in a record time period of 6 months.

Talking more about this specialized film, Mr. Anand Prakash Gupta from Speciality Films and R&D Department at Flex Films, Noida says, “ISRO approached us in an endeavour to achieve its vision to self-reliance in Indian Space Programme which aims at engaging more Indian Industries in producing Space worthy products/technologies for its specific applications.Uflex Satellite Thermal Radiation Insulation Film ISRO

Their desired specifications were in electro-optical and physical terms like Solar Transmittance, IR Emittance, Thickness of Coating in nano-meters on both sides of the substrate and wide spectrum working temperature of -150 to +120 degrees Celsius to name a few.Uflex Satellite Thermal Radiation Insulation Film ISRO

The real challenge was to convert these specifications into our measurable norm. For this we sent an A4 sized sample to ISRO to get everything measured and tested in their terms.

When ISRO reverted to us with their requirements in the parameters that they recognize, we extrapolated that information to our measurable norm.

Performing metallization in conventional metallizer was fraught with high risks of getting scratches and other aberrations (anomalies which were absolutely unacceptable for a high precision job that we were processing for ISRO).Uflex Satellite Thermal Radiation Insulation Film ISRO

Further we developed some specialized coatings and applied on the substrate to ensure flawless metallization as required by ISRO.”Uflex Satellite Thermal Radiation Insulation Film ISRO

Talking more about this major break-through Mr. Jagmohan Mongia, President of Flex Films India said, “The specialized metallized film that we supplied to ISRO was subjected to space environmental tests and passed through all parameters/tests qualifying for space application.Uflex Satellite Thermal Radiation Insulation Film ISRO

Here I would particularly like to acknowledge the unrelenting and hard work by the metallizing team of Flex Films India without which it would not have been possible for us to accomplish this goal.Uflex Satellite Thermal Radiation Insulation Film ISRO

After this major break-through we now look forward to working with ISRO more closely in other research areas and technologies. This is just the beginning.”

Expressing delight on this breakthrough, Mr. Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited said, “The most gratifying part of this whole engagement is that Uflex has been able to contribute to ISRO’s endeavour of indigenization and becoming self-reliant in space technology applications.

This is a perfect example of an Indian polymeric film manufacturer meeting and exceeding the performance parameters set by Indian Space Research Organization. This is a major win for Make in India and a moment of truth for Made in India.”

Related Topics

-Uflex modifies Rasna Fruit Powder with revolutionary packaging – One of India’s largest manufacturers and exporters of beverages, Rasna International collaborates with long-term partner, Uflex to create alluring packaging for its fruit powder concentrate – Uflex Rasna Fruit Powder packaging

-Specialized formulation by Uflex renders barrier packaging for edible-oil reprocessable – Specialized formulation by Uflex renders barrier packaging for edible-oil reprocessable – In a big boost to its commitment towards sustainability and circular economy, India’s largest multinational flexible packaging materials and solution company Uflex Limited has developed a customised formulation that renders barrier packaging for edible-oil re-processable – Uflex barrier packaging edible oil reprocessable

United States Intensifies Pressure Iran Oil Customers sanctions  

US Intensifies Pressure on Iran Oil Customers    United States Intensifies Pressure Iran Oil Customers sanctions 
United States Intensifies Pressure Iran Oil Customers sanctions

The United States intends to impose sanctions on all customers of Iranian oil, including China, the EU and Russia, Treasury Secretary Steven Mnuchin said on Thursday, signaling that the US will be working to cut off Iran’s access to the oil market.

“It is our intent to enforce sanctions on Iran-related oil against everybody, including China,” Mnuchin said in his testimony before the House Financial Services Committee, Oil Price reported.United States Intensifies Pressure Iran Oil Customers sanctions  

Oil prices jumped two weeks ago, after the US said it would look to get Iranian oil exports “down to zero” when sanctions return in early November. The US also said that it may refuse to issue waivers, but later clarified that position by saying that it would “work with those countries importing Iranian crude oil to get as many of them as possible down to zero by Nov. 4.”United States Intensifies Pressure Iran Oil Customers sanctions  

“We are prepared to work with countries that are reducing their imports on a case-by-case basis. We are serious about our efforts to pressure Iran to change its threatening behavior,” a State Department official said two weeks ago.

Secretary Mnuchin’s Thursday comments are the clearest sign yet that the United States plans to seek a drastic reduction of Iranian crude oil exports by imposing sanctions on those who continue to buy Tehran oil after the US sanctions return.

Earlier this week, a senior official said US State Department officials had visited Saudi Arabia to coordinate stronger pressure on Iran and discuss ways to ensure that the oil market is well-supplied after US sanctions on Iran’s oil kick in.

The tough US line on Iran’s oil exports has had analysts raise their oil price forecasts, predicting that more oil will be removed from the market at a time when global spare capacity is shrinking, as Saudi Arabia and Russia opened the taps to compensate for supply disruptions elsewhere and to cap upsides in oil prices that could destroy demand.

Last week, Morgan Stanley lifted its forecast for Brent crude by $7.50 to $85 a barrel for H2 2018, while Bank of America warned that a complete cutoff of Iran’s oil could result in oil prices jumping to more than $120 a barrel.United States Intensifies Pressure Iran Oil Customers sanctions  

Related Topics

-How Bad Is Iran’s Oil Situation?  Bad Iran Oil Situation Crude Oil prices 

-Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

LyondellBasell petrochemical producer Braskem Done Deal October

LyondellBasell-Braskem “Done Deal” by October?  LyondellBasell petrochemical producer Braskem Done Deal October 

LyondellBasell petrochemical producer Braskem Done Deal October

LyondellBasell-Braskem “Done Deal” by October?

Brazilian conglomerate Odebrecht is poised to agree on the sale of its controlling stake in compatriot petrochemical producer Braskem to LyondellBasell by mid-October, according to a report by Brazilian financial newspaper Valor Econômico.

By that time, the paper said, Braskem’s other major shareholder, oil giant Petrobras, will decide whether to include its own stake. This would allow the transaction to be wrapped up as one and submitted to regulators.LyondellBasell petrochemical producer Braskem Done Deal October 

Odebrecht currently owns 50.1% of Braskem’s voting capital, while Petrobas holds 47%. LyondellBasell and Odebrecht confirmed last month that they were in exclusive talks for the Dutch-headquartered, US-managed chemical producer to acquire control of Braskem in a cash-and-shares deal.

Valor calculates that Odebrecht’s stake could be worth more than 21 billion Brazilian reais ($5.4 billion), which would place Braskem’s value at about 55 billion reais ($14.3 billion).

Authors

Dede Williams, Freelance Journalist

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-Braskem develops bio-based flexible packaging for Scotts Canada’s new product – The new sustainable packaging, which utilizes Braskem’s I’m greenT polyethylene (PE) biopolymer, has been developed by Braskem in cooperation with Scotts and flexible packaging solutions provider Peel Plastic Products – Braskem biobased flexible packaging

Novak Blames USA Trade War Current Crude Oil Prices  

Novak Blames US Trade War for Current Crude Oil Prices   Novak Blames USA Trade War Current Crude Oil Prices
Novak Blames USA Trade War Current Crude Oil Prices

The current level of oil prices stems particularly from the US trade war, Russia’s Energy Minister Alexander Novak said on Friday.Novak Blames USA Trade War Current Crude Oil Prices  

“Those oil price declines are negative signals for the global economy. Crude prices are volatile and respond to existing general signals. The current prices reflect trade wars statements as well,” Novak was quoted as saying by TASS.

Member states of the Organization of Petroleum Exporting Countries and non-OPEC countries agreed to ease the output curbs set in place to boost prices that had dipped to abysmal levels. However, when prices hit $80 per barrel, US President Donald Trump begged them to again turn on the oil taps to lower prices.

A sharp drop in crude prices started on July 11, as the price of Brent crude oil decreased by $4 on the day to $73 per barrel.Novak Blames USA Trade War Current Crude Oil Prices  

Novak said Russia restored oil production by 80% in July against the reduction volume within the OPEC+ agreement.Novak Blames USA Trade War Current Crude Oil Prices  

“Following the decision on increasing production, in July we have already restored reduction by approximately 2/3 or even by 80%,” he added.

Russia reduces crude oil production by 100,000 barrels per day in July, versus October 2016.Novak Blames USA Trade War Current Crude Oil Prices  

“In June, the reduction was 180,000 bpd instead of 300,000 bpd. As for July, it is still early to speak about monthly indicators, though we assume that the total reduction will amount to roughly 200,000 versus the limit. Around 100,000 bpd will remain compared with October 2016,” he said.Novak Blames USA Trade War Current Crude Oil Prices  

The Russian minister expects the effect of OPEC+ deal to amount to 2.5 trillion rubles ($40 billion) in 2018.Novak Blames USA Trade War Current Crude Oil Prices  

“With (oil) prices of $70 per barrel, the effect will amount to 2.5 trillion rubles,” he said, adding that with the average annual oil price of $75 per barrel, the effect may exceed 3 trillion rubles ($48 billion).

According to Novak, extra revenues from the deal amounted to 1.7 trillion rubles ($27 billion) in 2016-17 due to the oil price increase.Novak Blames USA Trade War Current Crude Oil Prices  

“OPEC+ will be able to make decisions on regulation of the oil market after 2018. The OPEC+ agreement fulfilled the task of balancing the market,” he said.

“As for continuing this work to regulate after 2018, we will consider its expediency. The mechanism was effective. The countries want to continue interaction, make decisions on oil production, if necessary,” he said. Novak said OPEC+ states may raise crude production by over 1 million barrels per day if needed. This claim has been disputed by experts.

Related Topics

-How Bad Is Iran’s Oil Situation?  Bad Iran Oil Situation Crude Oil prices

-Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

HeiQ announces new appointments textile innovation

HeiQ announces key new appointments   HeiQ announces new appointments textile innovation

 

HeiQ announces new appointments textile innovation

HeiQ Materials, a leader in textile innovation, has announced two key new hires to strengthen the sales, marketing and technical support to its brand partners. In these two newly created leadership roles, Colleen Nipkow has been named Marketing Director North America, and Paul Middleton has been named Brandforce Europe and Technical Director Brandforce.

Nipkow will oversee HeiQ’s North American marketing, leading strategic planning, budget, and all aspects of marketing communication for the region. Middleton will manage brand relations with the company’s European partners, as well as support the Global Brandforce Team on all technical aspects.

“At HeiQ, we believe in our people, their skills and their passion for success. With the hiring of Colleen and Paul, we add two more experienced professionals to our team. We are very proud that they decided to join HeiQ and our ambitious plan to be the technology innovator and marketeer for our brand partners,” commented Carlo Centonze, HeiQ’s CEO.

Nipkow’s experience includes over 25 years of marketing roles in the outdoor industry. She has worked with brands including Polygiene, Gregory Mountain Products, SCARPA North America and Black Diamond Equipment.

HeiQ announces new appointments textile innovation

Middleton comes to HeiQ with 30 years of experience developing new finishes while ensuring all yarns, constructions, chemical effect finishes and process routings comply with the customer’s expectations. His previous experience includes technical director for both Polygiene and Courtaulds.

“I joined HeiQ because I feel aligned with their core value – Differentiate. Innovate,” said Nipkow. “The strategy of R-D-M (research, develop, market) sets HeiQ apart as an innovation partner to the brands. I am excited to be working with the teams in both North America and Switzerland to support these HeiQ values and strategy.”

“I am very happy to be joining the team at HeiQ,” said Middleton. “HeiQ’s mission to be the leader in textile innovation will allow me to help our brand partners incorporate innovative finishes and effects into their products.”

www.heiq.com

Source : Innovation in Textiles

Related Topics

– HeiQ announces key new appointments   HeiQ announces new appointments textile innovation

-HeiQ shows Fresh FFL odour control technology at ISPO – HeiQ, a leader in textile innovation making effective, durable, and high-performance textile effects in the market, is displaying its HeiQ Fresh FFL (Fresh For Long), a 100 per cent bio-based odour control technology – HeiQ Fresh FFL odour control technology ISPO

Trials way new fibre based ready meal pack black plastic

Trials under way for new fibre-based ready meal pack   Trials way new fibre based ready meal pack black plastic

Ready meals may come in handy for the fast on the go, but the trays they’re served in will likely be around for longer than your lifetime.

Trials way new fibre based ready meal pack black plastic

Europe is witnessing a steady increase in consumption of ready meals. Beyond human health concerns for this emerging ‘diet’, the packaging of these meals also has major implications for our environment. Creating enormous waste issues, the black plastic used for ready meal packaging is also difficult to recycle as lasers in waste processers cannot easily identify materials for recycling.Trials way new fibre based ready meal pack black plastic

Concerned about the environmental impact of such packaging, consumers and producers alike are eager to embrace more sustainable solutions. Major retailers have also agreed to phase out such packaging, and EU-funded researchers and scientists are ready to help them.Trials way new fibre based ready meal pack black plastic

A new tray by Finnish packaging manufacturer Huhtamaki offers hope of a viable alternative to black plastic. Developed in collaboration with partners Södra and SaladWorks on the EU-funded FRESH project, the product is part of efforts to ultimately introduce a bio-based ready meal package for the United Kingdom market.

The company trialled its fibre-based ready meal packaging in May and June with two Italian-style ready meals. “We hope this novel solution will be well received and that this project will be a tipping point for the adoption of bio-based packages in this segment,” said Steve Davey of Huhtamaki in an article on Packaging Europe. Recognising the need for alternatives based on renewable materials, Huhtamaki hopes the trial will open the way to adoption of bio-based packaging in this segment.

A news story on the Finnish company’s website explains that the new material feels like cardboard and is made of fibre derived from sources certified by the Forest Stewardship Council. Established in 1993, the Council promotes environmentally and socially responsible management of the world’s forests.Trials way new fibre based ready meal pack black plastic

Developed by FRESH partner Södra and called Durapulp, the renewable material is a biocomposite comprising a mixture of cellulose and GMO-free polylactic acid. “It is a renewable alternative and suitable for sensitive substances such as food,” the story quotes Catrin Gustavsson, Senior Vice President of Innovation and New Business at Södra as saying.Trials way new fibre based ready meal pack black plastic

The FRESH (FRESH – Fully bio based and bio degradable ready meal packaging) project, running for 3.5 years to 2020, targets an innovative, high-end cellulose-based alternative to existing fossil-based plastic trays using a novel laminating technology. Project objectives include a radically improved environmental footprint (over 80 % CO2 reduction) over the product life cycle compared to competing fossil-based packaging materials. Its overarching aim is to deliver a full value chain – from materials sourcing to end users – demonstrating technical and economic feasibility of a 100 % bio-based and 100 % biodegradable alternative for ready meal packaging.Trials way new fibre based ready meal pack black plastic

FRESH’s end product has potential for major environmental, economic and even job creation benefits. It should also prove to be a game-changer for retail, catering – e.g. for airlines and for meal services for the elderly – and remote operations covering both civil and military needs.Trials way new fibre based ready meal pack black plastic

Source: Based on project information and media reports

China options limited counter USA proposed tariffs

China options limited to counter US’ proposed tariffs – analysts   China options limited counter USA proposed tariffs 

 Source:ICIS News

SINGAPORE (ICIS)–China has limited options to respond to the US’ planned tariffs on as much as $500bn additional Chinese goods, and may have to resort to non-tariff countermeasures on what the Asian powerhouse deemed as “trade bullying”.

China has vowed to adopt a tit-for-tat approach on any trade barrier that the US will put up.China options limited counter USA proposed tariffs 

The first shots in the US-China trade war were fired on 6 July, when the US implemented 25% tariffs on $34bn worth of Chinese imports, prompting a similar response from China.

The trade war between the world’s two economic giants escalated as the US on 10 July threatened to slap 10% tariffs on additional $200bn worth of Chinese goods, including key chemical feedstocks such as naphtha and ethane.China options limited counter USA proposed tariffs 

“The key uncertainty now is how China will respond to [US President Donald] Trump’s latest ‘tit’,” Singapore-based UOB Global Economics & Markets Research.

“The Chinese has significantly less room to match US’ actions like-for-like as China’s total imports from the US were less than the additional amount of $200bn goods that is targeted for the 10% tariff,” it said in a note.

In 2017, China’s total imports from the US stood at $130bn, while US’ imports of Chinese goods and services totaled around $500bn.China options limited counter USA proposed tariffs 

China options limited counter USA proposed tariffs
China options limited counter USA proposed tariffs

Japan-based Nomura Global Economic Research expects the US’ latest tariffs to take effect around 15 October, after the two-month public review of the list and the slated August hearings are completed.China options limited counter USA proposed tariffs 

“After a relatively calm weekend following the initial round of US tariffs and China’s response on 6 July, we view this as a significant escalation in the US-China trade dispute,” it said.China options limited counter USA proposed tariffs 

Given that the new list has an amount bigger than the US’ actual exports to China in 2017, Beijing could hit $100bn of US products with a higher tariff rate of 20% in response, Nomura said.China options limited counter USA proposed tariffs 

“However, China could also respond by resorting to non-tariff barriers,” it said without elaborating.China options limited counter USA proposed tariffs 

Trump, however, intends to impose tariffs on up to $500bn worth of Chinese goods, with the value possibly exceeding its actual Chinese imports in 2017.

The US’ planned tariffs were meant to reduce the US’ $370bn trade deficit with China.

Based on official data, the US accounted for more than a fifth of China’s overall exports of $2.26tr last year.China options limited counter USA proposed tariffs 

Building a wall of tariffs against each other could hit domestic consumption hard as it would translate to higher prices of affected goods, and has a strong potential to slow down economic expansion.

“While there still remains hope for some resolution instead of further spiraling trade measures, the outlook has become more uncertain,” UOB said.

The US’ initial round of tariffs, targeting $50bn of Chinese imports, was primarily on capital goods, while the new list involving $200bn worth of goods, is almost equally split between capital and consumer goods, Nomura said.China options limited counter USA proposed tariffs 

Machinery and electrical equipment remains the most heavily targeted group, consistent with the Trump administration’s approach of taking aim at certain machinery and electrical equipment outlined in Beijing’s “Made in China 2025” plan.

In response, China may opt to curtail US service exports to the country. These include tourism, education and banking services which are worth more than $50bn per year, and the US currently enjoys a surplus with China on this segment, UOB said.

“We maintain our view that the full impact of the trade actions will likely be felt only in 2019 and will remain watchful of the trade numbers in the coming months to assess the potential impact on 2018 growth,” it said in a note.China options limited counter USA proposed tariffs 

China’s GDP growth had steadily slowed down over six years from 2011. The world’s second biggest economy surprised with a stronger growth of 6.9% in 2017, but is projected to post a weaker growth of around 6.5% this year.

The growth projection was made before the trade war started.

The US economy, on the other hand, is on its second year of accelerating growth.

The International Monetary Fund (IMF), in its April World Economic Outlook report, forecast a 2.9% growth for the world’s biggest economy this year from 2.3% in 2017.

Additional reporting by Joey Chua

By Nurluqman Suratman

Lenzing invests EUR 100 million sustainable production technology

Lenzing invests EUR 100 million in sustainable production technology    Lenzing invests EUR 100 million sustainable production technology

Lenzing invests EUR 100 million sustainable production technology

The Lenzing Group, a producer of botanic fibres from wood, is expanding its environmental leadership commitment.Lenzing invests EUR 100 million sustainable production technology

As a leader in wood-based cellulosic fibres, Lenzing says it has ambition to help raising the bar in sustainability in the textiles and nonwovens industries.

To fulfil this vision, Lenzing is investing more than EUR 100 million in sustainable manufacturing technologies and production facilities until 2022.

In order to further extend the company’s environmental leadership, a major part of this investment will focus on closed loop production technologies for the expansion of the sulphur recovery systems.Lenzing invests EUR 100 million sustainable production technology

The second area of investment will be in improving the effluent treatment units. In addition, Lenzing will upgrade its energy usage to more sustainable solutions reducing its greenhouse gas emissions due to the construction of a gas boiler at its site in China.

This investment strengthens Lenzing’s sustainability leadership at its viscose facility in Nanjing. Lenzing invests EUR 100 million sustainable production technology

The investments underline Lenzing’s commitment to the United Nations Sustainable Development Goals (SDG) as guiding principles for its sustainability agenda. One of the most significant SDGs for the company is SDG 12: Responsible production and consumption, says Stefan Doboczky, CEO.

“The textiles and the nonwoven industries face fundamental challenges related to sustainability. Lenzing is passionate to take a leadership role in addressing this and making the world a better place. Lenzing invests EUR 100 million sustainable production technology

Our holistic approach to sustainability underpins this scope. The new eco-investment programme is a major step forward in our ambitions,” he explained.

www.lenzing.com

Source : Author: Knitting Industry

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-Lenzing starts production of its EcoVero fibres in China – Austrian cellulose fibre producer Lenzing Group announced in a press release on Tuesday that it is introducing the eco-responsible process for the production of its Lenzing branded viscose fibers also at its Chinese location Lenzing Nanjing Fibers (LNF) – Lenzing production EcoVero fibres China

Teijin groundbreaking ceremony second USA carbon fibre plant

Groundbreaking ceremony for second US carbon fibre plant    Teijin groundbreaking ceremony second USA carbon fibre plant
Teijin groundbreaking ceremony second USA carbon fibre plant

The groundbreaking ceremony in Greenwood (Photo: Teijin Carbon Fibers)

Plastics and carbon fibre specialist Teijin (Tokyo / Japan; www.teijin.com) has begun construction of its new carbon fibre production plant in Greenwood, South Carolina / USA, after acquiring property there in late 2016 – see Plasteurope.com of 15.11.2016.

Its US carbon fibre subsidiary Teijin Carbon Fibers was founded in March 2018, and the plans are to start operations in Greenwood in 2020.

Around USD 600m (EUR 510m) will be invested in various production and downstream facilities by 2030.Teijin groundbreaking ceremony second USA carbon fibre plant

Teijin did not disclose the capacity of the facility. Greenwood will be Teijin’s second production plant in the US, along with its site in Rockwood, Tennessee.
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Brent WTI Prices Slide Oversupply Concerns

Brent, WTI Prices Slide on Oversupply Concerns   Brent WTI Prices Slide Oversupply Concerns
Brent WTI Prices Slide Oversupply Concerns

Oil prices fell on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spare capacity.Brent WTI Prices Slide Oversupply Concerns

Brent crude dropped 35 cents, or 0.5%, to $74.10 a barrel. On Thursday it gained $1.05 a barrel, rebounding from a session low of $72.67. It is heading for a weekly fall of nearly 4%, CNBC reported.Brent WTI Prices Slide Oversupply Concerns

US benchmark West Texas Intermediate crude edged down 12 cents to $70.21 a barrel, after falling 5 cents in the previous session. It is heading for a weekly decline of nearly 5%.Brent WTI Prices Slide Oversupply Concerns

It has been a wild week for oil prices with both the main benchmarks suffering heavy losses on Wednesday, as traders focused on the return of Libyan oil to the market amid concerns about a China-US trade war.Brent WTI Prices Slide Oversupply Concerns

However, a warning on spare capacity by the International Energy Agency pushed Brent higher on Thursday, helping it recoup some losses.Brent WTI Prices Slide Oversupply Concerns

“It is a tough market,” said Tony Nunan, oil risk manager at Mitsubishi Corp in Tokyo. “I think it is supported by relatively strong demand and inventories are falling, but if you look a little bit ahead, US shale oil just continues to grow and then it depends on what goes on with OPEC.”

The Organization of Petroleum Exporting Countries and other key producers, including Russia have responded to the recent market tightness by easing a supply-cut agreement.

IEA cautioned that the world’s oil supply cushion “might be stretched to the limit” due to production losses in several countries.

The Paris-based IEA said in its monthly report that rising production from Middle East Persian Gulf countries and Russia comes at the expense of the world’s spare capacity cushion, which might be stretched to the limit.

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Asia benzene falls crude USA China trade war escalates

Asia benzene falls on crude rout as US-China trade war escalates   Asia benzene falls crude USA China trade war escalates

 Source:ICIS News

SINGAPORE (ICIS)–Asia’s benzene market weakened this week amid sharp falls in crude futures overnight, as global commodities markets were hit hard when the US threatened to impose tariffs on additional $200bn worth of Chinese goods.

Asia benzene falls on crude rout as US-China trade war escalatesPrice indications for benzene on Thursday were down by more than $10/tonne from the previous day, on concerns over the escalating trade war between the US and China.

In early July, benzene was trading at above $830/tonne FOB (free on board) Korea, according to ICIS data.

Crude futures slumped at the close of trade on Wednesday, with Brent crude shedding $5.46/bbl to $73.40/bbl, while US crude was down $3.73/bbl at $70.38/bbl.

Concerns about the US-China trade war are expected to dominate the Asian benzene market in the near-term.

In the current escalation of the conflict, market players will remain cautious, resulting in a slowdown in spot trades.

Asia benzene falls crude USA China trade war escalates

Spot benzene prices had been on an uptrend after touching $800/tonne FOB Korea in the second half of June, backed by a drawdown in inventories.

In the key China market, shore tank inventories declined to 235,500 tonnes for the week ended 6 July, down from 244,200 tonnes two weeks prior, according to ICIS estimates.

“The drawdown in inventories in China over the past two weeks helped lift the market,” said a broker in China.

However, the positive momentum appeared to have fizzled out as players shifted their focus on the escalation in the US-China trade row.

“The trade has turned cautious again given the increased uncertainty due to the trade war,” a Singapore-based trader said.

Benzene is a base chemical used to make other chemicals such as styrene monomer (SM), phenol and caprolactam.

Meanwhile, the benzene demand-supply balance in Asia is expected to turn more positive as the third quarter progressed.

Consumption would rise when a downstream SM plant and an aniline facility in China start up.

Also, with the third-quarter manufacturing-for-exports season in China, consumption of resins and chemicals usually improve.

This would also spur demand for benzene as it is a key feedstock for various downstream chemicals.

Picture: Container port in Qingdao, Shandong Province, east China (Photographer: Yu Fangping/Pacific Press via ZUMA Wire/REX/Shutterstock)

By Clive Ong

European general purpose polystyrene prices down  

European general purpose polystyrene spot prices down further on slow demand  European general purpose polystyrene prices down 

London (Platts)

European general purpose polystyrene prices down European general purpose polystyrene spot prices dropped this week as demand fell short of expectations, sources said.

The GPPS spot price was assessed at Eur1,350/mt ($1,576.50/mt) FD NWE Wednesday, down Eur15/mt on the week.

“Demand is a bit disappointing,” a seller source said.

Market sources had said in June that lower prices on a monthly basis in July could support demand. But this has not been seen in the market.

Buyers were heard to be limiting purchasing volumes, while some sellers were heard offering competitive prices to minimize stock accumulation ahead of the summer holiday period in August.

Supply was heard plentiful even if import offers remained unattractive.

The fall in Asian prices this week did little to increase competitiveness of non-EU origin material.

The GPPS CFR China price was assessed at $1,475/mt, down $20/mt on the week.

In the feedstock styrene market, spot prices have been stable on a weekly basis. A small backwardation in the market has led to early expectations for a modest fall in August styrene and polystyrene prices.

–Yuriko Kato, yuriko.kato@spglobal.com

–Edited by Jeremy Lovell, jeremy.lovell@spglobal.com

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International Plastic Recycling Groups Global Definition Plastics Recyclability

International Plastic Recycling Groups Global Definition Plastics RecyclabilityInternational Plastic Recycling Groups Global Definition Plastics Recyclability

In an effort to provide a consistent metric to guide the efforts of sustainability for plastics in the Circular Economy, two of the leading global international recycling organizations have developed a global definition governing the use of the term “recyclable” as is relates to plastics packaging and products.International Plastic Recycling Groups Global Definition Plastics Recyclability

In the joint announcement, Ton Emans, President of Plastics Recycling Europe, and Steve Alexander, President and CEO of The Association of Plastic Recyclers, pointed to the onslaught of recent announcements around commitments to package sustainability and recyclability.International Plastic Recycling Groups Global Definition Plastics Recyclability

“The use of the term ‘recyclable’ is consistently used with packages and products without a defined reference point,” commented Alexander.
“At the end of the day, recyclability goes beyond just being technically recyclable there must be consumer access to a recycling program, a recycler must be able to process the material, and there must be an end market.”

“Recently, we have seen many announcements regarding legislative measures on plastics products and pledges of the industry actors committing to making their products recyclable,” added Emans.

“As recyclers, we are a fundamental part of the solution to the issue of sustainability of plastics, and we need for the appropriate audiences to understand what is necessary to label a product or package ‘recyclable’. We welcome these commitments and encourage others to follow. Nevertheless, clear and universally endorsed definitions and objectives are needed.”

Plastics must meet four conditions for a product to be considered recyclable:

  1. The product must be made with a plastic that is collected for recycling, has market value and/or is supported by a legislatively mandated program.
  2. The product must be sorted and aggregated into defined streams for recycling processes.International Plastic Recycling Groups Global Definition Plastics Recyclability
  3. The product can be processed and reclaimed/recycled with commercial recycling processes.International Plastic Recycling Groups Global Definition Plastics Recyclability
  4. The recycled plastic becomes a raw material that is used in the production of new products.International Plastic Recycling Groups Global Definition Plastics Recyclability

Innovative materials must demonstrate that they can be collected and sorted in sufficient quantities, must be compatible with existing industrial recycling processes or will have to be available in sufficient quantities to justify operating new recycling processes.

Although the definition is to be applied on a global scale, both groups understand the complexity of a global system of plastics recycling, and welcome comments from the plastics recycling industry and relevant stakeholders. Today, this definition has been supported by PETCORE Europe (http://www.petcore-europe.org). A Global Definition of Recyclability is an integral step to harmonize the worldwide plastics recycling industry.

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Brazil ethanol output could double 2030 renewable fuels

Brazil ethanol output could double by 2030   Brazil ethanol output could double 2030 renewable fuels

Source : Reuters

Brazil ethanol output could double 2030 renewable fuelsRIO DE JANEIRO,  – Brazil’s ethanol production could double by 2030, boosted by growing investments in the sector due to the government’s RenovaBio program aimed at boosting the use of renewable fuels, according to a government study.

RenovaBio, which Congress approved in December, mandates that fuel distributors gradually increase the amount of biofuels they sell each year, helping the ethanol industry recover from years of competition with subsidized gas prices.Brazil ethanol output could double 2030 renewable fuels

The study on prospects for ethanol by state energy think tank EPE is due to be published on Friday. José Mauro Coelho, EPE’s head of oil, gas and biofuel research, shared its findings in an interview.Brazil ethanol output could double 2030 renewable fuels

According to the study’s most optimistic forecast, Brazil’s annual ethanol capacity could rise to 54 billion liters by 2030, from 27 billion today. Less optimistic scenarios forecast production of 43 billion and 49 billion liters by 2030.

To hit EPE’s most ambitious capacity target, the study said 26 new sugarcane mills would have to come online in the next dozen years. That would mean reversing a trend of mills going dormant or bankrupt in recent years as sugar prices fell to multi-year lows and ethanol struggled to compete at the pump.Brazil ethanol output could double 2030 renewable fuels

Brazil’s ethanol production is largely based on sugarcane although some is produced from corn. EPE forecast an expansion of corn ethanol production to 3.4 billion liters by 2030.

“Corn ethanol is here to stay, especially in the country’s Midwest,” said Coelho. “Flex mills using both corn and cane should expand in Brazil. It offers advantages to producers because the harvests are in different periods.”

(Reporting by Rodrigo Viga Gaier Editing by Frances Kerry)

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PepsiCo Gem Enviro recycling PET plastic bottles waste

PepsiCo CEO meets CM, extends support to recycling of PET plastic waste    PepsiCo Gem Enviro recycling PET plastic bottles waste 

Source: The Hitavada

PepsiCo Gem Enviro recycling PET plastic bottles waste

Staff Reporter,

PepsiCo India to enable collection and recycling infrastructure, partners with Gem Enviro to set up reverse vending machines, collection centres and recycling for PET plastic bottles in Maharashtra

Ahmed L Sheikh, Chief Executive Officer (CEO) and Chairman of PepsiCo India, met Devendra Fadnavis, Chief Minister, at Vidhan Bhavan here on Wednesday. Sheikh expressed PepsiCo India’s intent to support plastic ban in the State and implementation of extended producer responsibility for PET plastic waste bottles in Maharashtra.

PepsiCo India delegation led by Sheikh informed the Chief Minister that the company had partnered with Gem Enviro to set up reverse vending machines, collection centres and recycling for PET plastic bottles in Maharashtra.PepsiCo Gem Enviro recycling PET plastic bottles waste

The company pledged to collect and recycle all PET plastic bottles generated through PepsiCo’s beverages. “In addition, through the Indian Beverage Association (IBA), we are also setting up a consortium for industry players to come together and work towards enhancing the plastic waste management infrastructure in the State,” stated a press release issued by PepsiCo India.PepsiCo Gem Enviro recycling PET plastic bottles waste

Sheikh reportedly informed the Chief Minister that the company planned to design all packaging to be recoverable or recyclable by the year 2025 and that it was working on new technologies for sustainable packaging solutions.

“We will be piloting the first ever 100 per cent compostable, plant-based packaging for our popular snacks products Lay’s and Kurkure this year, and have re-sized packaging of these snacks to reduce paper consumption in the value chain,” Sheikh said. Also, he said, the company treated use of non-returnable glass in beverage business as an ‘opportunity for on-the-go consumption’.PepsiCo Gem Enviro recycling PET plastic bottles waste

He also informed Fadnavis about various other initiatives of the company. Sheikh also discussed matters related to increasing investment in India and Maharashtra and ‘various other issues’, stated an official press release issued by the Directorate of Information and Public Relations, Maharashtra. Sheikh informed Fadnavis about PepsiCo’s current project in the context of expanding business in the country and Maharashtra. Similarly, their discussion focussed around increasing investment in Maharashtra, it was stated in the release.

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Tetra Pak package thin layer polymer plastic prevent moisture

 

 

​​​​​Bio-based polymers

In 2011, we launched the industry’s first caps made from bio-based polymers. Derived from Brazilian sugar cane ethanol, they look exactly the same as conventional caps but have a significantly lower carbon footprint. Where bio-based caps are available, customers can easily switch without additional investment or modifications to filling machines. Recyclability is not impacted, as the new materials are processed together with conventional polymers without restrictions. We can now offer bio-based caps for all advanced packaging formats.

By 2014, we had created the world’s first fully renewable package for liquid food, the Tetra Rex® Bio-Based, made with bio-based cap, neck and film. By the end of 2016, we had delivered over 100 million of these renewable packages to meet customer demand. In the same year, we also launched the Tetra Brik® Aseptic 1000 Edge with Bio-based LightCap™ 30. It is the first aseptic package to have a film and cap made from sugar cane-based plastic. Combined with the paperboard, this lifts the share of materials from renewable sources in the package to above 80 percent, the threshold for four-star certification from Vinçotte.

‘OK Biobased’ certification

As environmental awareness among consumers increases, independent verification of the renewability of raw materials is increasingly important. The ‘OK Biobased’ certification shows consumers how renewable a product really is. The scheme, run by Vin​çotte, uses rigorous scientific processes and methodologies to rate the percentage of bio-based raw materials, with four stars showing over 80 percent is from bio-based materials.

Challenges and opportunities

Despite considerable progress, bio-based polymers are still only in a small fraction of our cartons and a niche product for the plastics industry. Our commitment remains to expand their use to cover more of our packages, across all sizes. The challenge becomes increasingly complex when considering the social cost of alternative raw material sources (e.g. local food availability and working conditions) attached to bio-based polymers.

We are working with a number of our stakeholder partners to explore these issues, while also continuing to assess alternatives like other plant-based materials, organic waste and algae. For example, we have formed an agreement with Braskem, the largest thermoplastic resin producer in the Americas and are now using low-density polyethylene derived from sugar cane for coatings in all our packages produced in Brazil. A Code of Conduct including social and environmental criteria guides Braskem’s sourcing and is part of our agreement.

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Specialty films manufacturer Infiana nine layer extruder  

By: PlasticsToday Staff
Extrusion: Film & Sheet

Specialty films manufacturer Infiana nine layer extruder   Developer and extruder of specialty films Infiana (Forchheim, Germany, and Malvern, PA) has installed a nine-layer extruder with integrated in-line stretching capabilities at its German plant and has expanded production facilities to accommodate the new equipment. The addition is part of a multi-million euro investment package the company has undertaken.

The nine-layer extruder will increase the company’s flexibility in manufacturing films of varying thicknesses and widths, said Herbert Bader, VP Innovation. “Much of our current research and development work also focuses on barrier and mechanical properties.

This combination plays a central functional role in many of our growth markets,” said Bader, adding that the company now has the ability to translate these developments into “market-ready, forward-facing and innovative products with unique characteristics.”

It took Infiana 17 months to set up the equipment from initial planning to the first production run. During that time, it prepared a new hall for the extruder and created the associated production infrastructure.Specialty films manufacturer Infiana nine layer extruder  

“In expanding our production facilities, we are reacting to increased capacity demand and will be capable of manufacturing more complex products with greater efficiency,“ said Stefan Herfurth, Chief Operating Officer.Specialty films manufacturer Infiana nine layer extruder  

The Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

As part of its investment program, the specialty films manufacturer has also enhanced its printing and coating technology capabilities and added an automatic slitter that uses robotics technology to achieve narrower slitting widths.

The Infiana Group employs approximately 800 people at its sites in Germany and the United States.Specialty films manufacturer Infiana nine layer extruder  

It serves the personal care, healthcare, building & construction, composites and pressure sensitive markets.

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UK ECHA rules pay fees Brexit access

UK would abide by ECHA rules, pay fees for post-Brexit access   UK ECHA rules pay fees Brexit access

Source:ICIS News

UK ECHA rules pay fees Brexit access LONDON (ICIS)–The UK would abide by the rules of the EU regulator the European Chemicals Agency (ECHA) post-Brexit and contribute to maintenance costs of the organisation if the regulatory environment for chemicals players can be maintained, the country’s government said on Thursday.

In its latest position paper proposing the terms of its post-divorce relationship with the EU, the government stated that it wishes for UK chemicals players to remain directly under the auspices of ECHA and the Reach regulatory system.UK ECHA rules pay fees Brexit access

Under its own guidance, ECHA has stated that the UK will count as a third country from the slated March 2019 withdrawal date unless a new agreement is brokered.

This potentially leaves UK companies scrambling to establish European offices or to find representatives on the continent to handle their Reach registrations, like any global organisation selling material into the EU.UK ECHA rules pay fees Brexit access

The UK chemicals sector is among the sectors with the least to gain from potential regulatory reform post-Brexit, due to the complexity of EU legislation and the prominence of the union as a market for producers, according to the country’s Confederation of British Industry (CBI).

The industry has pressed the case increasingly forcefully to ministers, leading to UK Prime Minister Theresa May mentioning ECHA in a speech as an example where close post-Brexit alignment would be necessary.UK ECHA rules pay fees Brexit access

The UK is seeking similar continued arrangements with the European pharmaceutical and aviation agencies.UK ECHA rules pay fees Brexit access

“In some manufactured goods sectors where more complex products have the potential to pose a higher risk to consumers, patients or environmental safety, a greater level of regulatory control is applied,” the UK government said in the white paper.

“In line with the UK’s objective of ensuring that products only go through one approval mechanism to access both markets, the UK is seeking participation in [chemical, medical and aviation] EU agencies, as an active participant, albeit without voting rights, which would involve making an appropriate financial contribution.”

Little restructuring has taken place at ECHA in anticipation of a UK breakaway, according to agency director Bjorn Hansen, aside from war game scenarios of a hard Brexit, where the UK would likely shift to World Trade Organization (WTO) trade rules with the EU.

“[This would mean] being ready to cut the secure line to the UK authorities so they can’t access the databases, can’t be involved in any of our decision-making procedures, are no longer invited to our  meetings and can no longer contribute scientifically,” he told ICIS in June.

ECHA head of unit for dossiers and submissions Mercedes Vinas  added this week that little detail has been provided by the UK on how associate membership would work.

The UK government has long banked on a solution being found allowing it to maintain a frictionless border with the EU post-Brexit, with little new infrastructure installed at ports in anticipation of more stringent checks on goods entering the country, as the Brexit deadline creeps closer.UK ECHA rules pay fees Brexit access

In its latest white paper, the government stressed that it is also in the EU’s interest to maintain frictionless trade in goods through maintaining regulatory alignment on “only those rules necessary” to facilitate that.UK ECHA rules pay fees Brexit access

The move would position the UK as a rule-taker from the EU on trade in goods, and would encompass rules on border checks, requirements on placing products in the market, along with future compliance on environmental and energy consumptions standards agreed in Brussels.

“The UK believes that manufacturers should only need to undergo one series of tests in either market, in order to place products in both markets,” the UK government said.

Less alignment has been proposed on services, in a bid to safeguard London’s position as the financial hub of Europe, with the UK proposing a new economic and regulatory system on financial services, and mutual recognition of professional qualifications.

While market analysts remain sceptical of the feasibility of the UK’s proposals on services, even the more conciliatory trade in goods proposals present problems, according to European Commission officials.

Regulatory alignment on trade could be complicated by any new trade deals that the UK may strike globally, according to Jochen Muller, acting assistant director for the Commission’s representation in Spain.

“The UK wants to make good FTAs with other countries. In five or 10 years, if the UK signs an FTA with the US and accepts that country’s agricultural products, which would include transgenics [genetically modified organisms, GMOs] which are not used in the EU, what will happen?,” he said, speaking at a Brexit conference in Madrid, Spain, this week.

Pictured: ECHA’s headquarters in Helsinki
Source: ECHA

By Tom Brown

Clifford Chance Indorama Ventures acquisition Kordárna

  • Alex Cook, Veronika Kinclová, Jakub Veselý, Dominik Vojta
  • Clifford Chance, Prague
Clifford Chance Indorama Ventures acquisition KordárnaClifford Chance has advised Indorama Ventures Public Company Limited (IVL), one of the world’s leading producers in the intermediate petrochemicals industry and a leading global manufacturer of wool yarns, on the proposed acquisition of Kordárna Plus, a.s., a Czech-based industrial textile producer and a leading European producer of tire cord fabrics.

The sellers are a group of shareholders led by Jet Investment, a private equity investment company based in Brno, Czech Republic.

The acquisition includes production sites in the Czech Republic and one in Slovakia and the company and its subsidiary KORDPLAST s.r.o. employ over 750 employees.

The transaction is expected to be completed in the second half of 2018, subject to regulatory approvals.

Commenting on the transaction, Alex Cook, Clifford Chance’s office managing partner in Prague, said: “We are delighted to be advising Indorama Ventures on this transaction, which complements their growth strategy in the automotive sector.

We look forward to assisting IVL on the path to closing the transaction as soon as possible”.

More information can be found in Indorama’s press release, which is available here.

The Clifford Chance team advising on the transaction was led by the Prague office’s managing partner and head of the corporate practice Alex Cook with associate Veronika Kinclová acting as executive lawyer.

The team further comprised of associates Jakub Veselý and Dominik Vojta and junior associates Zuzana Morávková, Matěj Kučera and Andrej Havko.

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-IVL, Dhunseri form joint venture to acquire Egypt PET plant – Indorama Ventures Public Co Ltd (IVL) and India’s Dhunseri Petrochem have teamed up to acquire and restart a 540,000 tonne/year polyethylene terephthalate (PET) facility in Egypt – IVL Dhunseri joint venture Egypt PET plant

EU Parliament microplastic bans tackle plastic pollution

RESOURCE EFFICIENCY

EU Parliament microplastic bans tackle plastic pollutionThe European Parliament’s environment committee today voted to strengthen the European Commission’s overall plans to cut plastic pollution, under the so-called Plastics Strategy.

On behalf of the Rethink Plastic alliance, Meadhbh Bolger, resource justice campaigner at Friends of the Earth Europe, said:

“The environment committee has recognised that the Commission’s plans to tackle plastic pollution must be strengthened to protect our oceans. Today’s vote gives a strong signal that more can and must be done to cut off the flood of plastics at source, and national governments across Europe must rise to the challenge.”

The European Environmental Bureau is one of the leading members of the Rethink Plastic Alliance, a coalition of NGOs working to reduce plastic pollution in the EU through ambitious laws.EU Parliament microplastic bans tackle plastic pollution

The environment committee called for a number of measures that go beyond the Commission’s original proposals, including:

  • A ban on microplastics in cosmetics, personal care, detergents and cleaning products by 2020, and minimum requirements to tackle other sources of microplastics
  • A complete ban on oxo-degradable plastics – a source of microplastic pollution – by 2020 [1]
  • A recognition that biodegradable and compostable plastics do not prevent plastic waste in our oceans and should not be an excuse to keep using single-use plastics
  • Any financial contribution from taxing plastics should go towards preventing plastic waste generation
  • The reduction of hazardous substances in plastics, to ensure that what is recycled is free from dangerous chemicals [2]

Bolger continued: “There’s a lot of greenwashing going on to try and present bio-based and biodegradable plastics as a silver bullet – but this is a sideshow, distracting from the real solutions: reduction and reuse. Bio-based and biodegradable plastics pollute our beaches and seas just like conventional plastics, and should be treated as such. It is hugely positive that the Parliament acknowledges this.”

However, the environment committee failed to back measures to tackle pollution from industrially-produced plastic pellets, which are melted down to make everyday plastic items.  It also failed to support stronger economic incentives to reduce plastic production and consumption. [3] EU Parliament microplastic bans tackle plastic pollution

The full European Parliament will vote in September on the environment committee’s response to the Commission’s proposal.

ENDS

NOTES:

[1] Oxo-degradables plastics are supposedly biodegradable plastics, which in reality break down into small fragments and contribute to harmful microplastic pollution in the oceans and other ecosystems.

[2] The Environment Committee also reminded the Commission of the EU commitment laid down in the 7th Environmental Action Programme (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32013D1386) for the development of non-toxic material cycles. This is fundamental to ensure that the circular economy is a success for the environment.

[3] Effective economic incentives would include Extended Producer Responsibility fees for all plastic and plastic containing items, not only for packaging as is in current law.

Trump China trade war shocked Beijing respond

Trump ups China trade war ante, “shocked” Beijing to respond   Trump China trade war shocked Beijing respond

Source:ICIS News

SINGAPORE (ICIS)–US President Donald Trump’s administration unveiled a new list of tariffs on Chinese goods worth $200bn late on Tuesday, unleashing a new threat in an escalating trade war that has the whole world worried, rattling markets on Wednesday.

China vowed to fight back.Trump China trade war shocked Beijing respond

“China is shocked and will be forced to take countermeasures as usual to defend its own interests,” the country’s Ministry of Commerce said in a statement.Trump China trade war shocked Beijing respond

“We call on the international community to work together to safeguard free trade rules and multilateral trading systems and jointly oppose trade bullying,” it added.

As the two largest economies of the world traded punitive tariffs, Asian equities tumbled, led by the China’s stocks, with its currency – the yuan (CNY) – again depreciating against the US dollar.Trump China trade war shocked Beijing respond

China’s SSE (Shanghai Stock Exchange) composite index fell 49.85 points or 1.76% to close at 2,777.77.Trump China trade war shocked Beijing respond

The Chinese yuan was trading against the US dollar at CNY6.66 in the afternoon.

At 8:00 GMT, Brent crude was down $1.57/bbl at $77.29/bbl, while US crude fell 56 cents/bbl to $73.55/bbl.

Late on Tuesday, the US administration announced a two-month public review of the list of Chinese products identified on which a new 10% duty will be imposed, with hearings to be held on 20-23 August.Trump China trade war shocked Beijing respond

“For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition,” US trade representative Robert Lighthizer said in a statement.

“China has not changed its behavior — behavior that puts the future of the US economy at risk. Rather than address our legitimate concerns, China has begun to retaliate against US products. There is no justification for such action,” he said.

US tariffs on $34bn worth of Chinese goods took effect on 6 July, prompting China to respond with the same scale and intensity, effectively triggering a trade war between the world’s two biggest economies.Trump China trade war shocked Beijing respond

China’s retaliatory tariffs cover 545 US products, which will include agricultural products such as corn and soybeans.Trump China trade war shocked Beijing respond

The second set of US tariffs, involving $16bn of Chinese goods, is expected to take effect later this month.

Products under consideration for the second set include polyethylene (PE), polyvinyl chloride (PVC), polycarbonate, and polyamide alongside propane, LPG and hydrocarbon gases, naphtha, crude benzene, toluene and xylenes, and crude oil.

China’s retaliation to the initial set of US tariffs has prompted it to modify the initial action, according to the latest notification by the Office of the US Trade Representative (USTR).

“The proposed modification is to maintain the original $34bn action and the proposed $16bn action, and to take further action in the form of an additional 10% ad valorem duty on products of China with an annual trade value of approximately $200bn,” it said.

The new all-encompassing list released by USTR includes finished and raw products with diverse specifications.

Chemicals with certain classifications include benzene, toluene, all sorts of xylenes, phenols, naphtha, ethane, butane, styrene, ethylbenzene, cumene, ethyl chloride, methyl chloride, vinyl chloride, methanol, propane, butane, ethylene glycol, and methyl tertiary butyl ether (MTBE).

The list also contains certain classifications of acetone, acetic acid, ethyl acetate, vinyl acetate, fatty acids, acrylic acid, adipic acid, melamine, methyl di-p phenylene isocyanate (MDI), acrylonitrile-butadiene rubber (NBR), polypropylene (PP) yarn and caustic soda.

Similarly, the 10% tariff is also proposed on liquefied natural gas, liquefied propane, liquefied butanes, and liquefied ethylene, propylene, butylene and butadiene.

Emerging Asian currencies scrambled for cover on renewed trade war fears this morning, DBS Research said in a note.

“The tariff news was also ill-timed for investors hoping for a trade war respite to capitalize on the expected stream of strong US corporate earnings. Instead, futures are now looking for the major US stock indices to open 0.8-0.9% lower later tonight.

“Overall, Trump reminded markets that US-China trade tensions are likely to escalate ahead of the US mid-term elections in November. Our view remains for the USD [US dollar] to be underpinned for the rest of the year,” it added.

By Tahir Ikram

Additional reporting by Fanny Zhang, Pearl Bantillo and Joey Chua

(Recasts with China reaction. This is a developing story with more to follow.)

Picture: US President Donald Trump (Source: REX/Shutterstock)

By Tahir Ikram

USA become global leading producer crude oil  

‘US to become global leading producer of crude oil’   USA become global leading producer crude oil

IANS    Washington

USA become global leading producer crude oilThe US Energy Information Administration (EIA) has said the United States will become the world’s leading producer of crude oil if the output remains the current momentum.

Based on the June Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 10.8 million barrels per day in 2018, up from 9.4 million barrels per day in 2017, and to average 11.8 million barrels per day in 2019, Xinhua reported.USA become global leading producer crude oil  

If realised, both of these forecast levels would surpass the previous record of 9.6 million barrels per day set in 1970.

EIA, in its report on Tuesday, estimated that US crude oil production averaged 10.9 million barrels per day in June, up 0.1 million barrels per day from the May level. US crude output has remained above the 10 million barrels per day mark since February.

The Organization of the Petroleum Exporting Countries (OPEC) crude oil production averaged 31.9 million barrels per day in June.

Although the OPEC and non-OPEC participants agreed on November last year to extend the production cuts through the end of 2018 in order to reduce global oil inventories, tightening market conditions led the group to relax the production cuts starting this month.USA become global leading producer crude oil  

EIA expected that OPEC crude oil output will decrease by less than 0.1 million barrels per day on average in 2019, which reflects crude oil production increases from some producers that mostly make up for expected declines of more than 1.0 million barrels per day in Iran and Venezuela combined.USA become global leading producer crude oil  

Meanwhile, EIA forecasts that total US crude oil and petroleum product net imports will fall from an annual average of 3.7 million barrels per day in 2017 to an average of 2.4 million barrels per day in 2018 and to an average of 1.6 million barrels per day in 2019, which would be the lowest level of net imports since 1958.USA become global leading producer crude oil  

–IANS

pgh/

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

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