Petrochemical Automotive Recycling textile 09-12-2020

Petrochemical Automotive Recycling textile

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Eurozone Q3 GDP up 12.5% as demand rebounds after lockdowns

Eurozone GDP rose 12.5% quarter on quarter in July-September as demand rebounded by the highest level on record after the lockdowns across much of Europe in the April-June quarter, statistics body Eurostat said on Tuesday.

The increase is the sharpest since Eurostat began recording GDP movements in 1995.

Demand across the 19-country currency union surged in the third quarter, and productivity increased after the near-total shutdown of swathes of European business in the early stages of the coronavirus pandemic.

The wider, 27-country EU economy expanded by 11.5% over the same period.

The eurozone and EU economies had contracted by 11.7% and 11.3%, respectively, in the second quarter of the year.

Eurozone Q3 GDP up 12.5% as demand rebounds after lockdowns

-US ethylene spot prices hit 14-month high in December

Spot ethylene prices in the US in December, reached a 14-month high on the back of strong demand in the domestic and foreign markets in the monomer and its derivatives, reports of ICIS .

Ethylene spot prices were at 23.25-27.50 cents / lb (USD513-606 / t), DEL US Gulf of Mexico, up from 23.00 cents / lb in the previous week.

Demand for ethylene and its derivatives is expected to remain strong despite the pandemic, largely due to strong consumption of packaging materials.

US domestic demand for polyethylene may remain strong for much of 2021 amid changes in consumer behavior. According to Howard Ungerleider, president and chief financial officer of Dow, demand for packaging has grown steadily since the start of the pandemic, while demand from durable goods sectors such as automotive and construction has been growing since the third quarter.

Ethylene monomer exports to Asia also continue to grow, especially to China.

US ethylene spot prices hit 14-month high in December

-Durable new bioplastic can hold boiling liquids

Making plastic materials out of biomass instead of crude oil and natural gas offers a number of environmental benefits, but these so-called bioplastics tend to underperform in a few key areas. Scientists at the University of Akron may have found a solution to one such shortcoming, engineering a new form of PLA plastic that can be used to contain boiling liquids. Petrochemical Automotive Recycling textile 

Superior strength and flexibility are a couple of things conventional plastics offer over plastics made from biomass, as is stability when subjected to high temperatures. Recently, we looked at a breakthrough from a team of scientists in Japan, who used natural materials as the building blocks for a plastic with the highest heat resistance on record, and this latest study again pushes the envelope in terms of what these bioplastics can do.

The University of Akron team focused on a common form of bioplastic called polylactic acid (PLA), which is cheap to produce and a popular choice for things like food packaging and plastic bottles and utensils. Where it runs into trouble, however, is when it encounters high temperatures.

Petrochemical Automotive Recycling textile

-Boris Johnson: Brexit deal looks ‘very, very difficult’

British prime minister said the talks are ‘tricky’ but his government is willing to ‘try anything’ to achieve a deal.

The British premier said he is prepared to keep negotiating a trade deal with the EU right up until the wire, and remains “optimistic” about his forthcoming face-to-face meeting with European Commission President Ursula von der Leyen.

Speaking during a visit to a London hospital Tuesday, Boris Johnson stressed that talks are “tricky” and achieving a deal is “looking very, very difficult at the moment.”

Following a call with von der Leyen Monday, the leaders agreed that negotiations were stuck but that they would meet in person “in the coming days.”

“We will see where we get in the course of the next two days, but I think the U.K. government’s position is that we are willing to engage at any level, political or otherwise, we are willing to try anything,” Johnson said Tuesday. “But there are just limits beyond which no sensible, independent government or country could go and people have got to understand that.”

Boris Johnson: Brexit deal looks ‘very, very difficult’

-STRATEGIC SUPPLY AGREEMENT TO SCALE UP COMMERCIAL PRODUCTION OF CHEMICALS FROM PLASTIC WASTE

Nexus Fuels LLC (Nexus) and Shell today announce a supply agreement, for 60,000 tonnes over four years, of pyrolysis liquid made from plastic waste, which is then converted into chemical products. Petrochemical Automotive Recycling textile 

Nexus, a leader in plastic waste molecular recycling, will supply fully circular, ISCC Plus-certified product from its plant in Atlanta.

This enhanced collaboration follows a year of continuous, high-quality supply to Shell’s chemical plant in Norco, Louisiana, USA, where it has been used in the liquid cracker to make chemicals that are the raw materials for everyday items.

The new agreement builds on that success and on a common desire to find solutions to plastic waste pollution and progressing a low-carbon future. It is a next step towards Shell’s ambitionto use one million tonnes of plastic waste a year in its global chemical plants by 2025.

Petrochemical Automotive Recycling textile

-Polyplastic opts for KraussMaffei twin-screw extruders

Within the frame of a new investment project, Russia-based Polyplastic Ltd and KraussMaffei have concluded a contract for the delivery of two ZE 80 x 42D BluePower twin-screw extruders to extend the company’s production capacity.

Both parties conducted the entire contract negotiations remotely and signed the contract at the end of October. This contract further strengthens the longstanding, constructive and solution-oriented co-operation between Polyplastic and KraussMaffei.

Andrej Menschov, Managing Partner of Polyplastic, said: “In the growing Russian market for engineering plastics, Polyplastic LTD focuses primarily on equipment reliability and technical innovation. Petrochemical Automotive Recycling textile 

Faced with a continuously increasing demand, we have to ensure energy-efficient and resource-conserving production while meeting the ever more exacting quality standards requested by our customers. The use of the innovative ZE BluePower twin-screw extruder technology will enable us to maintain the supreme quality of our products in the highly competitive market environment.”

Petrochemical Automotive Recycling textile

-Paprec plans mixed-plastic waste sorting facility and R-PP extrusion line

French waste management and recycling major Paprec is planning to build a new mixed-plastic waste sorting facility in Chalon-Sur-Saone, said the company.

Construction will start in the next few months for completion at the end of 2021. The facility will sort mixed-coloured waste by material and colour and is expected to have a capacity of approximately 30,000 tonnes/year.Petrochemical Automotive Recycling textile 

Paprec is also adding a new 10,000 tonne/year recycled polypropylene (R-PP) extrusion line at its facility in the Lyon region, which will come onstream in September.

As MRC informed earlier, 380,000-metric tons/year steam cracker at Porvoo, Finland, operated by Borealis, has reached 100% capacity utilisation after the company lifted force majeure. The company declared force majeure, following a technical failure on 11 November. The cracker was shut down to allow necessary repair works, according to Borealis. The company began restart operations on 23 November, 2020, and resumed normal operations in early December.

Petrochemical Automotive Recycling textile

-Faurecia accelerates the circular economy in the automotive industry

The Renault Group and Faurecia announced a partnership to grow and develop the latter’s existing aftersales repair services for vehicle electronics. The two companies’ partnership will allow Faurecia Clarion Electronics’ service to cover a wide range of electronic vehicle components, including monitors, infotainment, engine and body control units, and instrument panels. As the Renault Group and Faurecia begin working together, we dive into FCE’s European aftersales repair offer. Petrochemical Automotive Recycling textile 

While the development of circular economies has been accelerated by the covid-19 crisis and green economic recovery plans, this is nothing new for Faurecia Clarion Electronics (FCE). Since the early 2000s, FCE has provided vehicle owners across Europe an after-sales repair service for electronics through OEM dealerships and auto repair shops. At our site in Custines in eastern France, over 50 technicians handle repairs for vehicle electronics from across Europe. The after-sales repair service fulfils two needs: first, reducing waste, and second, offering a cheaper solution to consumers than replacing their vehicles’ electronics with new parts. Faurecia is as of yet the only Tier 1 supplier which offers after-sales services and repairs for over 20 companies’ products.

Petrochemical Automotive Recycling textile

-15 December 2020: SACMI webinar on lightweight solutions in the cap-preform-production – live streams for all time zones, 7 languages

Live from the SACMI parent company, this webinar will showcase the latest ready-to-market developments for the industry, from technology to new cap design solutions. Key advantages include integrated design of cap-preform systems to optimise performance and cost. Petrochemical Automotive Recycling textile 

Following an initial event in June 2020 on complete solutions for tethered capsules, SACMI is now preparing a new live worldwide event: on 15 December, the SACMI specialists will be illustrating all the latest on the lightweighting front, that is, weight reduction in cap and preform production.

Global production exceeds 400 million tons, 98% comes from fossil sources and a third ends up in landfills or, worse, in the environment: these figures refer to plastic, a material essential to our way of life that needs to be re-thought from the perspective of the 3 Rs: reduce, reuse, recycle.

-15 December 2020: SACMI webinar on lightweight solutions in the cap-preform-production - live streams for all time zones, 7 languages

-Hyosung Chairman Cho Hyun-joon Sets out on Global Spandex Plant Extension

Will extend the annual production capacity of the plant in Brazil by 10,000 tons through the investment of KRW 40 billion following Turkey

The annual production capacity of the spandex plant in Brazil to be increased to 22,000 tons   Petrochemical Automotive Recycling textile 

Chairman Cho embarks on expanding the company’s leadership in spandex market

Chairman Cho, “In times of change, we must turn crisis into opportunity by investing in the future.”

Hyosung Chairman Cho Hyun-joon. Hyosung solidifies its world’s No. 1 position in the spandex market by extending the production capacity of the spandex plant in Brazil following the one in Turkey. Hyosung TNC will extend the production scale of its spandex plant located in Santa Catarina in the southern part of Brazil by 10,000 tons by December next year through an investment of KRW 40 billion. Once the extension is completed, the production capacity of the plant in Santa Catarina will increase to 22,000 tons in total, which is around double the current production capacity. With the plant extension, Hyosung expects to not only meet the increasing demand in the American region but also preemptively respond to the post-COVID-19 era by expanding leadership from its competitors

-Hyosung Chairman Cho Hyun-joon Sets out on Global Spandex Plant Extension

-Independent analysis reveals reusable packaging up to 85% more climate-friendly than single-use

On 7th December, Zero Waste Europe and Reloop, in partnership with the University of Utrecht, released a report showing that reusable packaging – such as bottles, crates, jars, and others – produce far fewer carbon emissions than their single-use counterparts.

The “Reusable vs Single-Use Packaging: A Review of Environmental Impact” study compares 32 Life Cycle Assessments (LCAs) of 11 different types of packaging, analysing their environmental impact at different stages of the product’s life. This includes parameters such as production, transport, number of reuse opportunities, and end-of-life treatment.  Petrochemical Automotive Recycling textile 

Among its key findings, the report shows that:

Reusable glass bottles produce 85% fewer carbon emissions than a single-use glass bottle, 75% fewer carbon emissions than plastic (PET), and 57% fewer carbon emissions than aluminium cans.

Independent analysis reveals reusable packaging up to 85% more climate-friendly than single-use

Petrochemical Automotive Recycling textile

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