PET Packaging – DataBeyond Innovates with Advanced PET Bottle Sorting Technology, Partnering with New Ruibang Fiber Technology for Large-Scale Recycling Project 12-08-2024

PET Packaging

PET Packaging

Polyestertime
ITEM 05/07/2024 12/08/2024 +/-
Bottle grade PET chips domestic market 7,040 yuan/ton 7,090 yuan/ton +50
Bottle grade PET chips export market 910     $/ton 895  $/ton -15
LDPE Est China 1,152 $/ton 1,145 $/ton -7
PET Semidull Fiber chips

PET Bright

7,010 yuan/ton

6,930 yuan/ton

6,850 yuan/ton

6,930 yuan/ton

-160
Pure Terephthalic Acid PTA domestic market

PET Packaging

5,700 yuan/ton 5,530 yuan/ton
-170
Pure Terephthalic Acid PTA FOB China 735 $/ton 715 $/ton -20
Monoethyleneglycol MEG domestic market 4,660 yuan/ton 4,640 yuan/ton
-20
Monoethyleneglycol MEG export market 543 $/ton 542 $/ton -1
Paraxylene PX FOB  Taiwan market 991 $/ton 979 $/ton
-12
Paraxylene PX FOB  Korea market 969 $/ton 957 $/ton -12
Paraxylene PX FOB EU market 1,131 $/7on 1,116 $/ton -15
Polyester filament POY 150D/48F domestic market 7,770  yuan/ton 7,505 yuan/ton
-265
Recycled Polyester filament POY  domestic market 7,300 yuan/ton 7,300 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,380 yuan/ton 9,000 yuan/ton -380
Polyester filament FDY 68D24F 9,100 yuan/ton 8,920 yuan/ton -180
Polyester filament FDY 150D/96F domestic market

PET Packaging

8,350 yuan/ton 8,150 yuan/ton -200
Polyester staple fiber 1.4D 38mm domestic market 7,750 yuan/ton 7,585 yuan/ton -165
Caprolactam CPL domestic market 12,600 yuan/ton 12,565 yuan/ton
-35
Caprolactam CPL FL Far East

PET Packaging
1,660 $/ton 1,660 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 13,500 yuan/ton 13,500 yuan/ton
Nylon 6 chips  high speed spinning domestic  market 14,200 yuan/ton 14,230 yuan/ton +30
Nylon 6.6 chips domestic  market

PET Packaging

19,400 yuan/ton 18,700 yuan/ton +700
Nylon6 Filament POY 86D/24F domestic  market 16,275 yuan/ton 16,300 yuan/ton +25
Nylon6 Filament DTY 70D/24F domestic  market 18,640 yuan/ton 18,640 yuan/ton
Nylon6 Filament FDY  70D/24F  17,450 yuan/ton 17,450 yuan/ton
Spandex 20D  domestic  marke 29,800 yuan/ton 29,300 yuan/ton -500
Spandex 30D  domestic  market 29,300 yuan/ton 28,800 yuan/ton -500
Spandex 40D  domestic  market  26,300 yuan/ton 25,800 yuan/ton -500
Adipic Acid domestic market

PET Packaging

9,450 yuan/ton 9,325 yuan/ton -125
Benzene domestic market9, 8,265 yuan/ton  8,490 yuan/ton +225
Benzene overseas  market 882 $/ton 882 $/ton
Ethylene South East market 925 $/ton 930 $/ton +5
Ethylene NWE market CIF 820 $/ton 856 $/ton +36
Acrylonitrile ACN  domestic market 9,400 yuan/ton 8,175 yuan/ton -1,225
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF CFR China

PET Packaging

14,600 yuan/ton 1,4,600 yuan/ton
Viscose Bright VFY 120D 12,900 yuan/ton 12,900 yuan/ton
PP Powder domestic market 7,450 yuan/ton 7,450 yuan/ton
Naphtha overseas market  644 $/ton 657 $/ton +13
Phenol domestic market 8,475 yuan/ton 8,375 yuan/ton -100

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

PET Packaging

Mura Technology Secures Grant for Sustainable Development of Hydro-PRT

UK-based chemical recycler Mura Technology, in collaboration with the Warwick Manufacturing Group (WMG) at the University of Warwick, has secured a grant from Innovate UK for a Knowledge Transfer Partnership (KTP). This partnership aims to advance Mura’s Hydro Plastics Recycling Technology (Hydro-PRT) by developing sustainability models for its future projects. PET Packaging

The KTP grant, awarded by the UK government’s innovation agency, will support a two-year project where WMG will create operational sustainability models for Mura’s chemical recycling technology. These models will include Life Cycle Assessments (LCAs) to ensure that Hydro-PRT meets environmental standards across all Mura project sites. The sustainability platform developed through this project will serve as an educational and informative tool for stakeholders such as global regulators, policymakers, and the plastics value chain, highlighting the low carbon potential of Hydro-PRT.

A peer-reviewed LCA published by WMG last year revealed that Mura’s hydrothermal treatment of plastic waste reduces the carbon impact by approximately 80% compared to incineration, on a tonne-for-tonne basis. This significant reduction underscores the environmental benefits of Hydro-PRT. PET Packaging

Mura anticipates that the operational sustainability models will enhance the commercialization of its technology through licensing agreements. The first commercial Hydro-PRT plant is expected to be operational in Teesside, UK, by the end of 2024, with additional plants under construction in South Korea and Japan in partnership with local entities.

Dr. Geoff Brighty, Mura’s head of sustainability and R&D, emphasized the importance of the ongoing collaboration with WMG. He stated, “Hydro-PRT has sector-leading sustainability credentials, but every prospective site will be unique, influenced by the local energy grid, plant configurations, as well as its material supply chain. PET Packaging

The KTP project models will inform options appraisals and decision-making, ensuring sustainability is at the heart of our global growth programme.”

Unlike pyrolysis, Hydro-PRT uses water under high pressure and temperature to convert post-consumer, multi-layered, flexible, and rigid plastics into hydrocarbon feedstocks. This process can handle various plastic waste forms, including films, pots, tubs, and trays.

WMG’s LCA also identified that electricity consumption is the primary contributor to global warming in the hydrothermal treatment process. PET Packaging

Electricity grids rich in renewable energy sources have the potential to further reduce the Global Warming Potential (GWP) of the technology. Additionally, plant configurations that recycle process gas can enhance environmental performance.

The sustainability models developed through this project will enable stakeholders to identify opportunities for further improving the environmental performance of the Hydro-PRT process. This initiative not only strengthens Mura’s commercial prospects but also positions Hydro-PRT as a leading technology in sustainable plastic recycling. PET Packaging

PET Packaging

DataBeyond Innovates with Advanced PET Bottle Sorting Technology, Partnering with New Ruibang Fiber Technology for Large-Scale Recycling Project

China-based technology company, DataBeyond, known for its expertise in artificial intelligence (AI) and optoelectronic sorting equipment, is making significant strides in the recycling industry. The company has announced a strategic collaboration with New Ruibang Fiber Technology, a prominent producer of recycled hollow polyester staple fiber (PSF). This partnership is focused on developing a highly advanced recycling operation in Suqian, China, where eight state-of-the-art PET bottle sorting lines are being constructed. These lines are designed to process an impressive 300,000 tonnes of PET bottles annually, transforming them into high-quality recycled hollow PSF. PET Packaging

The project’s ambitious scale is evident, with the aim to recycle around 20 billion PET bottles every year. This massive recycling effort is projected to contribute significantly to environmental sustainability by reducing carbon emissions by approximately 450,000 tons annually. The initiative is part of a broader effort to address the growing concerns around plastic waste and carbon footprint, aligning with global sustainability goals.

The first of the eight sorting lines was successfully commissioned in March of this year, marking the beginning of this large-scale operation. PET Packaging

The next two lines are slated to become operational by August, with the entire project being supported by a substantial investment of CNY 5 billion, equivalent to around €639 million. Once fully operational, these sorting lines will play a crucial role in the production of recycled hollow PSF, a material widely utilized in a variety of industries including home goods, toys, and apparel.

DataBeyond is deploying its cutting-edge optical sorting technology in this project, ensuring that the recycling process is both efficient and precise. The initial phase of the project saw the installation of six AI+SPEC AI hyperspectral sorters. These sophisticated machines are capable of identifying up to 256 different wavelength bands, enabling the accurate removal of various unwanted materials such as PC, PVC, PP, PE, PO, PETG, and complex composites. This precision is crucial in maintaining the high purity of the final recycled product. PET Packaging

The sorting process developed by DataBeyond is meticulously designed, encompassing 11 stages of sorting and processing. The workflow includes a wide array of equipment spread across nearly one kilometer, featuring unpackers, conveyors, vibrating screens, de-labeling machines, bottle sorting mechanisms, and pre-washing units. PET Packaging

Each of these stages is optimized to ensure that the PET bottles are processed as efficiently as possible, minimizing waste and maximizing the quality of the recycled output.

To further enhance the operational efficiency and reliability of the sorting lines, DataBeyond has integrated its proprietary DataBeyond Cloud Brain technology.

This system allows for continuous monitoring of the equipment, facilitating remote upgrades, predictive maintenance, and real-time management around the clock. This advanced level of control ensures that the equipment operates at peak performance, reducing downtime and maintaining the high standards required for such a large-scale recycling operation.  PET Packaging

Founded in 2018, DataBeyond has rapidly established itself as a key player in the global recycling technology market. The company is committed to providing sophisticated yet cost-effective AI-based sorting solutions that cater to the needs of the recycling industry worldwide. Its product portfolio includes a range of high-performance optical sorters that incorporate cutting-edge technologies such as the MSWDataBase and deep neural network algorithms. These technologies are complemented by various optical sorting methods, including near-infrared (NIR), infrared (IR), hyperspectral imaging, fluorescence detection, and X-ray scanning. PET Packaging

DataBeyond’s influence extends far beyond its home market in China. The company’s advanced sorting solutions have been successfully exported to numerous countries, including Brazil, India, Saudi Arabia, Dubai, Japan, Malaysia, Nigeria, various European nations, and the United States. This global presence underscores the company’s ability to meet the diverse needs of recycling operations around the world, further solidifying its reputation as an industry leader. PET Packaging

In conclusion, DataBeyond’s partnership with New Ruibang Fiber Technology represents a significant advancement in the recycling industry, both in terms of scale and technological innovation. With its cutting-edge sorting equipment and commitment to sustainability, DataBeyond is poised to make a lasting impact on the global recycling landscape, contributing to the reduction of plastic waste and carbon emissions on a massive scale. This project not only highlights the capabilities of DataBeyond’s technology but also sets a new benchmark for the recycling industry as a whole. PET Packaging

PET Packaging

PET Packaging