PET Packaging – Eurozone Inflation Declines in February 2025 Eurostat reports a decrease in annual inflation within the Eurozone, dropping to 2.3% in February 2025 from 2.5% in January. The broader European Union also experienced a decline, with inflation falling to 2.7% 24-03-2025 - Archive
PET Packaging
| Polyestertime | |||
| ITEM | 17/03/2025 | 24/03/2025 | +/- |
| Bottle grade PET chips domestic market | 6,080 yuan/ton | 6,100 yuan/ton | +20 |
| Bottle grade PET chips export market | 785 $/ton | 787 $/ton | +2 |
| LDPE CFR Est China | 1,150 $/ton | 1,140 $/ton | -10 |
| PET Semidull Fiber chips
PET Bright |
5,990 yuan/ton
6,000 yuan/ton |
6,000 yuan/ton
6,010 yuan/ton |
+10
+10 |
| Pure Terephthalic Acid PTA domestic market
PET Packaging |
4,815 yuan/ton | 4,855 yuan/ton |
+40 |
| Pure Terephthalic Acid PTA FOB China | 610 $/ton | 620 $/ton | +10 |
| Monoethyleneglycol MEG South China | 4,600 yuan/ton | 4,580 yuan/ton |
-20 |
| Monoethyleneglycol MEG CFR China | 530 $/ton | 520 $/to | -10 |
| Paraxylene PX FOB Taiwan market | 826 $/ton | 829 $/ton |
+3 |
| Paraxylene PX FOB Korea market | 816 $/ton | 819 $/ton | +3 |
| Paraxylene PX FOB EU market | 831 $/ton | 831 $/ton | – |
| Polyester filament POY 150D/48F domestic market | 7,050 yuan/ton | 6,950 yuan/ton |
-100 |
| Recycled Polyester filament POY domestic market | 6,750 yuan/ton | 6,700 yuan/ton | -50 |
| Polyester filament DTY 150D/48 F domestic market | 8,325 yuan/ton | 8,250 yuan/ton | -75 |
| Polyester filament FDY 68D24F | 8,200 yuan/ton | 8,150 yuan | -50 |
| Polyester filament FDY 150D/96F domestic market
PET Packaging |
7,350 yuan/ton | 7,300 yuan/ton | -50 |
| Polyester staple fiber 1.4D 38mm domestic market | 6,800 yuan/ton | 6,800 yuan/ton | – |
| Caprolactam CPL domestic market | 10,075 yuan/ton | 9,750 yuan/ton |
-325 |
| Caprolactam CPL CFR China | 1,390 $/ton | 1,390 $/ton | – |
| Nylon 6 chips overseas market | North America: $2.93/kg
Europe: $2.36/kg Northeast Asia: $1.74/kg Southeast Asia: $1.81/kg Middle East: $1.88/kg |
North America: $2.93/kg Europe: $2.36/kg Northeast Asia: $1.74/kg Southeast Asia: $1.81/kg Middle East: $1.88/kg
|
– |
| Nylon 6 chips conventional spinning domestic market | 11,850 yuan/ton | 10,600 yuan/ton | -250 |
| Nylon 6 chips high speed spinning domestic market | 11,500 yua/ton | 11,200 yuan/ton | -300 |
| Nylon 6.6 chips domestic market | 17,000 yuan/ton | 16,900 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 13,700 yuan/ton | 13,500 yuan/ton | -200 |
| Nylon6 Filament DTY 70D/24F domestic market | 16,300 yuan/ton | 16,100 yuan/ton | -200 |
| Nylon6 Filament FDY 70D/24F | 15,000 yuan/ton | 14,900 yuan/ton | -100 |
| -Spandex 20D domestic marke | 27,700 yuan/ton | 27,700 yuan/ton | – |
| Spandex 30D domestic market | 27,200 yuan/ton | 27,200 yuan/ton | – |
| Spandex 40D domestic market | 24,200 yuan/ton | 24,200 yuan/ton | – |
| Adipic Acid China domestic market | 7,950 yuan/ton | 7,950 yuan/ton | – |
| Benzene domestic market East China | 6,650 yuan/ton | 6,700 yuan/ton | +50 |
| Benzene CFR China | 864 $/ton | 864 $/ton | – |
| Ethylene South East market | 920 $/ton | 920 $/ton | – |
| Ethylene NWE market CIF | 876 $/ton | 898 $/ton | +22 |
| Acrylonitrile ACN domestic market | 8,800 yuan/ton | 8,850 yuan/ton | +50 |
| Acrylonitrile ACN overseas market | 1,300 $/ton | 1,400 $/ton | +100 |
| Acrylic staple fiber ASF CFR China | 14,700 yuan/ton | 14,700 yuan/ton | – |
| VSF viscose staple fiber | 13,650 yuan/ton | 13,650 yuan/ton | – |
| PP Powder domestic market | 7,150 yuan/ton | 7,140 yuan/ton | -10 |
| Naphtha overseas market | 606 $/ton | 608 $/ton | +2 |
| Phenol domestic market
Jinan Dezheng Chemical Co., LtdYanshan Petrochemical Shandong Province |
7,575 yuan/ton | 7,527 yuan/ton | -48 |
recycled PET = 4,700 yuan/ton — 4,600 yuan/ton -100
PET Packaging
Enhancing PET Thermoform Circularity: A Roadmap for California and Beyond
The National Association for PET Container Resources (NAPCOR) has released a crucial white paper, “Increasing PET Thermoform Recycling,” designed to guide California policymakers in implementing the Plastic Pollution Prevention and Packaging Producer Responsibility Act (SB 54) and inform the development of extended producer responsibility (EPR) legislation nationwide. This document, crafted in collaboration with the Circular PET Thermo-Forum, a coalition of 25 North American thermoform manufacturers and recyclers, offers a comprehensive look at improving PET thermoform circularity. PET Packaging
Understanding PET Thermoforms
PET, identified by the #1 resin code, is a versatile, durable, and food-safe plastic. Its recyclability and environmental advantages over alternatives like aluminum and glass make it a preferred material. Thermoformed PET, created by heating and shaping PET sheets, is widely used for packaging various products, from produce and dairy to electronics and household items.
The Urgency of PET Thermoform Recycling
The white paper’s release coincides with California’s renewed focus on SB 54, as Governor Newsom directs CalRecycle to revise regulations to ensure effective implementation. This emphasis underscores the pressing need to address plastic pollution through robust recycling systems.
Laura Stewart, NAPCOR’s executive director, highlights the industry’s commitment to thermoform recycling, emphasizing the necessity of infrastructure, guidelines, and investments. PET Packaging
The collective effort of policymakers, brand owners, producers, and recyclers is vital to achieving a sustainable and circular economy for PET thermoforms.
Industry Evolution and Recycling Potential
The PET recycling industry has undergone significant innovation, demonstrating its capacity to handle diverse material streams without impacting PET bottle recycling. PET thermoform collection has tripled in the past 12 years, indicating substantial growth. However, the white paper identifies significant potential to further increase recycling rates through commingled collection with PET bottles or separate thermoform-only bales.
The document stresses that achieving impactful circularity for PET thermoforms is essential for sustainable packaging and environmental protection.
It showcases existing industry innovations and collaborative efforts aimed at advancing recycling practices. PET Packaging
Policy Recommendations for SB 54
“Increasing PET Thermoform Recycling” concludes with three key policy recommendations for SB 54:
- Favorable Fee Eco-modulation: Implementing fee structures that incentivize the use of recyclable materials and discourage the use of non-recyclable ones.
- Equitable Responsible End Market Identification: Ensuring that recycled materials have access to viable end markets, fostering demand and supporting recycling infrastructure.
- Non-mechanical Recycling Pathways: Exploring and supporting non-mechanical recycling technologies, such as chemical recycling, to complement traditional mechanical recycling methods. PET Packaging
Dan Kuehn, Plastic Ingenuity’s President & CEO and Chair of the Circular PET Thermo-Forum, emphasizes that overcoming recycling hurdles requires targeted innovation, policy alignment, and industry commitment. He envisions a robust circular economy where PET thermoforms are continuously reintegrated into the value chain.
The Path Forward
The white paper provides a clear roadmap for enhancing PET thermoform recycling, emphasizing the importance of collaboration, innovation, and strategic policy. By adopting the recommended policy approaches and fostering industry commitment, California and other states can significantly improve PET thermoform circularity, reducing plastic pollution and advancing a sustainable future.
The document serves as a valuable resource for policymakers, industry stakeholders, and environmental advocates seeking to create a more circular and sustainable plastics economy. It highlights the potential of PET thermoforms as a sustainable packaging solution and underscores the importance of collective action in achieving meaningful recycling outcomes. PET Packaging
In essence, the NAPCOR white paper champions a future where PET thermoforms are not just used, but reused, contributing to a truly circular economy and a cleaner, healthier planet.
Visit : www.napcor.com/recycling/thermoform-recycling
RadiciGroup Expands Brazilian Footprint with New, Sustainable Production Facility
RadiciGroup High Performance Polymers has inaugurated a state-of-the-art production site in Brazil, marking a significant investment to bolster its presence in the region after more than 25 years of operation. The new facility, strategically located near the previous site, represents a major leap forward in efficiency, safety, and environmental sustainability, catering to key sectors like automotive, electrical and electronics, and consumer and industrial goods. PET Packaging
The move was driven by the need for increased space to meet growing production demands. The new plant, spanning 17,000 square meters on a 20,000-square-meter plot, offers a 15% increase in production capacity compared to the previous 8,000-square-meter facility. Its strategic location, with direct motorway access, ensures efficient logistics for serving customers across Latin America.
“Health, safety, and respect for the environment are the cornerstones of our new production site,” stated Jane Campos, RadiciGroup High Performance Polymers’ Brazil Country Manager.
“We are proud to have completed this project in just over a year and are now ready to serve South America with top-tier quality and technology.” PET Packaging
RadiciGroup has invested heavily in advanced technologies to enhance production efficiency and environmental sustainability. The new plant operates on 100% renewable energy and features a cutting-edge process water management system, enabling the reuse of over 95% of water. The facility also prioritizes pellet loss reduction, aligning with the Operation Clean Sweep (OCS) program for responsible polymer material management.
Equipped with advanced environmental protection systems, the plant minimizes dust and fume emissions, significantly reducing volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). A new dry suction system reduces waste production, while Zero Landfill certification ensures responsible waste disposal through approved companies.
This investment strengthens RadiciGroup’s global presence, establishing it as a key partner in various industrial sectors. The new facility reinforces the company’s leadership in the Latin American market, ensuring high quality, reliability, and timely service, while maintaining a strong commitment to innovation and sustainability. PET Packaging
“From March 24-28, we will participate in the Plasticos Brasil trade fair (Stand E 130),” Campos announced. “This event will allow us to connect with our customers and showcase our latest products, including Renycle® engineering polymers based on recycled materials and Bionside® polymers made from renewable sources. It’s an opportunity to strengthen partnerships and initiate new collaborations for continued growth.”
The new production site underscores RadiciGroup’s dedication to sustainable growth, technological advancement, and customer satisfaction in the Latin American market. By prioritizing environmental responsibility and investing in cutting-edge technology, the company is poised to solidify its position as a leading supplier of high-performance polymers. PET Packaging
