Petrochemical AutomotiveIndustries ShaleOil 08-01-2021
Petrochemical AutomotiveIndustries ShaleOil
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Equate’s food-grade PET with 30% chemically recycled content
Equipolymers (EQP), a subsidiary of Equate Group has launched Viridis 30, a food-grade polyethylene terephthalate (PET) manufactured with 30% chemically recycled PET as feedstock.
Viridis 30’s roots go back to 2009, when EQP launched Viridis 10 (with 10% recycled PET) with the support of The Coca Cola Company. Viridis complies with the relevant European Commission’s regulations for food contact plastics, meaning it can be used in beverage bottle production as well as in thermoforming applications. In 2016, EQP and Coca-Cola announced Viridis 25, a PET grade containing 25% recycled PET.
Asa’s manufacturing activities mostly improved in December, affirming the region’s economic recovery despite a recent pick-up in coronavirus infection rates.
China’s official purchasing managers’ index (PMI) for the manufacturing sector remained above the above expansionary threshold despite slipping to 51.9 in December from the year’s highest reading of 52.1 in November. Petrochemical AutomotiveIndustries ShaleOil
A PMI reading above 50.0 indicates expansion in the manufacturing economy.
“The pace of domestic recovery has been quite solid in recent months, thanks to China’s status as the first in and first out of the pandemic and policy stimulus packages in major developed economies, which significantly boosted domestic production from supply and demand sides, respectively,” Japan’s Nomura Global Markets Research said.
Royal DSM, a high-tech multinational specialized in Food, Health and Sustainable Life, and Clariter, an international cleantech company, today announce their strategic partnership aimed at finding a recycling solution chemical for products based on DSM’s Dyneema®, an ultra high molecular weight polyethylene (UHMWPE) fiber.
As a first step in this partnership, a range of sample products – including ropes, nets and ballistic materials made with Dyneema® – were successfully converted at the pilot plant in Poland, demonstrating the recyclability potential of Dyneema® and highlighting the active commitment of DSM Protective Materials to shaping a more sustainable world.
In line with its ambitious sustainability goals, and following the successful launch of bio-based (mass balance) Dyneema®, DSM Protective Materials is actively pursuing reuse and recycling solutions for Dyneema®-based end-of-life products. In an effort to promote technical recycling solutions, DSM Protective Materials and Clariter teamed up to test the feasibility of using Dyneema® as a raw material in Clariter’s chemical recycling process. Sample products made with Dyneema® were used in Clariter’s tests at its pilot plant in Poland. Petrochemical AutomotiveIndustries ShaleOil
Economic growth in east Asia and the Pacific is projected at 7.4% in 2021, reversing an estimated contraction of 0.9% in 2020, led by a strong rebound in China, the World Bank said late on Tuesday. Petrochemical AutomotiveIndustries ShaleOil
Despite a recovery in domestic and global demand, regional activity is expected to remain somewhat relatively subdued, reflecting lasting damage caused by the coronavirus pandemic, it said in its latest Global Economic Prospects report.
Global economic output is expected to expand by 4% in 2021 before moderating to 3.8% in 2022, after shrinking by 4.3% in 2020, based on World Bank’s projections.
The European Commission has introduced provisional anti-dumping duties on Turkish hot-rolled coil (HRC) imports, which will be collected starting tomorrow. A definitive decision is expected by 10 July.
The commission has maintained the duty rates as proposed — Habas will be subject to a 4.8pc duty, Erdemir to 5.4pc and Colakoglu to 7.6pc, and will apply to the cif value of the products. Agir Haddecelik and Borcelik both face 5.9pc duties, and all other exporting companies 7.6pc. Petrochemical AutomotiveIndustries ShaleOil
Imports have been subject to registration since 12 November, which will now be stopped in light of the preliminary duty. A decision on whether the commission will collect a retroactive duty for the period between 12 November and the imposition of the provisional duty will be made at the definitive stage of the probe.
Senior Editor for Recycling, Matt Tudball, looks at how the European recycled polyethylene terephthalate (R-PET) is starting off the New Year strong.
– Bullish outlook for January flake prices Petrochemical AutomotiveIndustries ShaleOil
– Demand looking strong in Q1
– Limited impact of higher virgin PET prices
As from February 2021, FrieslandCampina will be making PET bottles from 100% recycled PET (rPET). Because a PET bottle can only be recycled if the consumer has removed the label, FrieslandCampina’s Research & Development department has additionally developed a brand new “zipper” that makes it easier to separate from the bottle.
This makes FrieslandCampina the first company in the dairy sector to make its bottles virtually circular for its brands in the Netherlands, Belgium, the United Kingdom and Hungary. Petrochemical AutomotiveIndustries ShaleOil
Patrick van Baal, Global Director Packaging Development at FrieslandCampina: “With the 100% recycled PET bottle, FrieslandCampina is taking a new step in making its packaging circular. Our ambition is to become fully circular. That is why we are increasing the recycled content of our PET bottles from 20% to 100%. This step is crucial because in order to achieve our sustainability goals, all packaging must first become recyclable and/or reusable.”
This partnership between Veolia and Carbon Clean is an important step in the right direction Petrochemical AutomotiveIndustries ShaleOil
Carbon Clean, a leader in low-cost carbon dioxide capture and separation technology, announced today that it has joined forces with Veolia, the global leader for optimised resource management, to exclusively develop multiple green projects in India.
The newly established company Veolia Carbon Clean will first develop two carbon capture utilisation and storage (CCUS) and compressed biogas (CBG) projects in India, utilising Carbon Clean’s patented CDRMax and MethPure technologies.
CCUS and biofuels (including CBG) are both important components of India’s future green energy mix, as outlined in the Government’s 2018 Sustainable Alternative Towards Affordable Transportation (SATAT) scheme.
Svobodny (Amur Region), 28 December 2020. SIBUR Holding, Russia’s leading petrochemicals company and one of the most rapidly growing petrochemicals businesses globally, and China Petroleum & Chemical Corporation (Sinopec), China’s leading energy and chemical company, have closed the deal to set up a joint venture (JV) at the Amur Gas Chemical Complex after obtaining all the necessary approvals from the regulators of both countries. SIBUR and Sinopec will hold interest in the JV in the amount of 60% and 40%, respectively. Petrochemical AutomotiveIndustries ShaleOil
In June 2019, the parties agreed on the main terms and conditions of the potential JV. Following the investment decision, all corporate and regulatory approvals were obtained as required to close the deal. Following the deal, the parties will gain joint control over the JV.(1)
Set to become the world’s largest basic polymer production facility, Amur GCC will have a capacity of 2.7 mtpa, including 2.3 mtpa of polyethylene and 400 ktpa of polypropylene, and will be producing a wide range of grades.
Tire pyrolysis company Pyrolyx A.G. has started insolvency proceedings, the company revealed in a statement canceling an extraordinary general meeting scheduled for Jan. 15.
On Dec. 4, 2020, the company filed with the Munich District Court under file number 1507 IN 2125/20 for the opening of insolvency proceedings, the recycled carbon black (rCB) manufacturer said. Petrochemical AutomotiveIndustries ShaleOil
“The court-appointed insolvency trustee does not see himself in a position to give its consent to payments in connection with the AGM,” it said. “It is therefore impossible… to hold the extraordinary general meeting.”
As of Jan. 4, the company had not provided any update to investors about the progress of the insolvency process via its website.
Last November, the tire pyrolysis company placed its Terre Haute, Ind., unit in the U.S. into bankruptcy, adding that it was reviewing “the viability of its entities” following a failure to raise capital for a major restructuring plan.
Petrochemical AutomotiveIndustries ShaleOil