PET Bottle – Reimagining tyre waste management in the circular economy 19-08-2024

PET Bottle

Polyestertime
ITEM 12/07/2024 19/08/2024 +/-
Bottle grade PET chips domestic market 7,090 yuan/ton 6,850 yuan/ton -240
Bottle grade PET chips export market 895    $/ton 882  $/ton -13
LDPE Est China 1,145 $/ton 1,140 $/ton -5
PET Semidull Fiber chips

PET Bright

6,850 yuan/ton

6,930 yuan/ton

6,730 yuan/ton

6,800 yuan/ton

-80

-130

Pure Terephthalic Acid PTA domestic market

PET Bottle

5,530 yuan/ton 5,470 yuan/ton
-60
Pure Terephthalic Acid PTA FOB China 715 $/ton 700 $/ton -15
Monoethyleneglycol MEG domestic market 4,640 yuan/ton 4,600 yuan/ton
-40
Monoethyleneglycol MEG export market 542 $/ton 542 $/ton
Paraxylene PX FOB  Taiwan market 979 $/ton 959 $/ton
-20
Paraxylene PX FOB  Korea market 957 $/ton 937 $/ton -20
Paraxylene PX FOB EU market 1,116 $/7on 1,080 $/ton -36
Polyester filament POY 150D/48F domestic market 7,505  yuan/ton 7,450 yuan/ton
-55
Recycled Polyester filament POY  domestic market 7,300 yuan/ton 7,420 yuan/ton +120
Polyester filament DTY 150D/48 F domestic market 9,000 yuan/ton 9,050 yuan/ton +50
Polyester filament FDY 68D24F 8,920 yuan/ton 8,920 yuan/ton
Polyester filament FDY 150D/96F domestic market

PET Bottle

8,150 yuan/ton 8,150 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market 7,585 yuan/ton 7,435 yuan/ton -150
Caprolactam CPL domestic market 12,565 yuan/ton 12,800 yuan/ton
+235
Caprolactam CPL Northeast Asia

PET Bottle
1,540 $/ton 1,540 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 13,500 yuan/ton 13,600 yuan/ton +100
Nylon 6 chips  high speed spinning domestic  market 14,230 yuan/ton 14,420 yuan/ton +190
Nylon 6.6 chips domestic  market

PET Bottle

18,700 yuan/ton 18,500 yuan/ton -200
Nylon6 Filament POY 86D/24F domestic  market 16,300 yuan/ton 16,250 yuan/ton -50
Nylon6 Filament DTY 70D/24F domestic  market 18,640 yuan/ton 18,600 yuan/ton -40
Nylon6 Filament FDY  70D/24F  17,450 yuan/ton 17,500 yuan/ton +50
Spandex 20D  domestic  marke 29,300 yuan/ton 29,000 yuan/ton -300
Spandex 30D  domestic  market 28,800 yuan/ton 28,500 yuan/ton -300
Spandex 40D  domestic  market  25,800 yuan/ton 25,500 yuan/ton -300
Adipic Acid domestic market

PET Bottle

9,325 yuan/ton 8,950 yuan/ton -375
Benzene domestic market 8,490 yuan/ton  8,490 yuan/ton
Benzene China CFR 1,056 $/ton 1,049 $/ton -8
Ethylene South East market 930 $/ton 930 $/ton
Ethylene NWE market CIF 856 $/ton 846 $/ton -10
Acrylonitrile ACN  domestic market 8,175 yuan/ton 8,000 yuan/ton -175
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF CFR China

PET Bottle

14,600 yuan/ton 14,600 yuan/ton
VSF viscose staple fiber 13,500 yuan/ton 13,500 yuan/ton
PP Powder domestic market 7,450 yuan/ton 7,400 yuan/ton -10
Naphtha overseas market  657 $/ton 656 $/ton -1
Phenol domestic market 8,375 yuan/ton 8,462 yuan/ton +87

r-PET FLAKES =                   6,850 yuan/ton  —           6,820  yuan/ton   –       -30

PET Bottle

Reimagining tyre waste management in the circular economy

A critical component of the circular economy in tyre waste management is Extended Producer Responsibility (EPR).

In a world increasingly driven by sustainability, the journey doesn’t end at the finish line—it extends far beyond. Tyres, essential components of our modern transportation systems, pose a significant environmental challenge once their tread is worn out. Discarded tyres occupy valuable landfill space, leach harmful chemicals into the soil, and serve as breeding grounds for mosquitoes. The traditional method of burning tyres releases toxic fumes and contributes to air pollution. However, within the framework of a circular economy, tyre waste management can be revolutionised in a myriad of different ways that would be beneficial to the environment and the economy. PET Bottle

A circular economy seeks to eliminate waste and pollution by keeping products and materials in use for as long as possible. In the context of tyres, this approach involves innovative methods to reuse, recycle, or remanufacture them into new products after they reach the end of their useful life. This not only reduces environmental impact but also creates new economic opportunities by transforming waste into valuable resources.

The Global Challenge and Regulatory Landscape

According to a 2021 report by the Central Pollution Control Board (CPCB), India generates around 1.3 million tonnes of used tyres annually, while over 1 billion tonnes of used tyres end up in the waste fills globally. PET Bottle

This figure is expected to rise significantly due to the growing global vehicle population, making used tyre management a pressing international concern. The Indian government has taken steps to regulate this issue through the Environment (Protection) Amendment Rules, 2016, which mandate the establishment of a collection and channelisation system for used tyres. These rules also set standards for processors and retreaders, ensuring that used tyres are managed in an environmentally sound manner.

Circular Economy Solutions

The circular economy offers a promising solution to the challenge of used tyre disposal. By reusing, recycling, or remanufacturing tyres, the industry can reduce its environmental impact and conserve valuable resources. PET Bottle

Major tyre manufacturers globally are investing in research and development to improve tyre reusability, recyclability, and the use of sustainable materials. Retreading and regrooving can significantly extend the usable life of tyres, reducing the overall demand for new tyres and associated waste generation. Retreading involves replacing the worn tread on a used tyre, making it almost as good as new. This process saves raw materials and energy compared to producing new tyres. PET Bottle

A significant way to lessen the environmental impact of used tires is through recycling. The materials recovered from recycling can be used in many areas, such as creating rubber pavers, athletic tracks, floor mats, and in construction projects, as well as in the production of new tires. Two primary recycling methods facilitate both material and energy recovery, and they are:

Devulcanization:
The devulcanisation process is a recycling method that reverses the cross-linking reactions of vulcanised rubber, occurring during the tire manufacturing stage, allowing the rubber to be reprocessed and reused. PET Bottle

Used rubber products are cleaned and transformed into a fine powder known as crumb rubber through shredding and grinding. This crumb rubber can be incorporated into new tires at certain percentages or further devulcanised using various thermo-mechanical or chemical processes to obtain reclaim rubber. This reclaim rubber can replace virgin rubber in the production of new tires and other rubber-based products.

Devulcanisation offers several advantages, such as minimising waste and promoting the sustainable use of natural resources. Additionally, it makes the production of reprocessed tires more cost-effective by utilizing reclaimed rubber, which is significantly less expensive than virgin rubber.  PET Bottle

Pyrolysis:
Another increasingly popular method is the pyrolysis of rubber products, which involves heating rubber in a closed reactor to break it down and recover valuable by-products for material and energy recovery. This eco-friendly process uses shredded waste rubber as feedstock, yielding carbon char, steel, pyrolysis oil, and syngas. Carbon char can be used as an alternative to cement kiln fuel, as a reinforcing filler, or upcycled into recovered carbon black for tires. Pyrolysis oil can replace diesel and fuel oil, support chemical production, and be utilized by refineries to enhance recycled material input. Syngas is employed for energy production and chemical synthesis, while recovered steel is either repurposed in steel production or sold as scrap. PET Bottle

More…

PET Bottle

PET Bottle