Petrochemical Bioadipic acid News 05-11-2019

Petrochemical Bioadipic acid

China – Polyethylene Terephthalate

PET and its chain are are assessed mixed.

Crude oil price is in upward trend.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile is steady.

PET Bottle grade export 790/830 $/ton PET Bottle grade domestic market 6,400/6,550 yuan/ton PET Filament grade SD domestic market 6,050/6,150 yuan/ton – PET Filament grade BR domestic market 6,150/6,250 yuan/ton

PTA Taiwan 610/620 $/ton PTA domestic market 4,850/4,950 yuan/tonMEG  535/550 $/ton – MEG domestic market 4,550/4,650 yuan/tonPX Korea 775/785 $/ton.

Polyester POY 150D/48F  domestic market 6,800/6,900  yuan/tonPolyester DTY 150D/48F  domestic market 8,650/8,750  yuan/tonPolyester Staple PSF domestic market 6,900/7,000 yuan/ton

Petrochemical Bioadipic acid News

Crude Oil Prices Trend

Crude Oil Prices Trend

-Eurozone October manufacturing remains mired in contraction

The eurozone’s industrial sector showed few signs of a rebound in October, with output remaining in contraction and few signs of increased momentum from September, according to data from IHS Markit on Monday.

Eurozone manufacturing purchasing managers’ index (PMI) levels ticked up to 45.9 during the month compared to 45.7 in September, remaining at a seven-year low and driving job losses up to the highest level since 2013.

Petrochemical Bioadipic acid

-Yarn producers still depend on Swiss tech: Swissmem

For both high-volume segments and niches, Swiss textile machinery members have the innovative strength and the market focus to drive business success for spinners and synthetic fibre producers worldwide. Petrochemical Bioadipic acid 

Even today, when global yarn production has largely migrated eastwards, Switzerland continues to provide the innovative technology those mills need.

Switzerland has historic roots in the yarn spinning business, stretching back more than 200 years. Its thriving mills were among the earliest to embrace industrialisation, at the start of the 19th Century – initially importing equipment from Britain, but soon switching to the first Swiss-made spinning frames which were the foundation for the modern successful machine-building sector, according to Swissmem.

Petrochemical Bioadipic acid

-International investors eye Indian technical textile market through Techtextil India 2019

New Delhi, Nov 4 (KNN) To attract the booming Indian market, international contingents have booked exhibition space at ‘Techtextil India 2019’ in full force where over 160 exhibitors will showcase exclusive international pavilions, an exclusive area for the composite industry and knowledge focussed forum – Techtextil India Symposium.

The 7th edition of Techtextil India 2019 will witness strong participation from major international countries and regions, indicating the booming dynamics of the Indian technical textiles industry. Petrochemical Bioadipic acid 

Petrochemical Bioadipic acid

-You might soon see smart fabric products from Microsoft

The smart fabric market set to witness a huge growth in the next few years. Rapid advancement in the field of research and development, increasing adoption of smart fabric are going to contribute the most to its future growth, according to various studies.

Major tech companies that have joined the smart fabric bandwagon are Google, Apple, and Samsung. Petrochemical Bioadipic acid 

They are currently in the process of laying the groundwork for their smart fabric products. And now it appears that Microsoft too, wants to join the bandwagon.

-You might soon see smart fabric products from Microsoft

-Can laboratories move away from single-use plastic?

Finding alternatives to single-use plastic won’t be easy for scientists, but here are some of the ways that they are starting to change their habits  Petrochemical Bioadipic acid 

In September, PhD student Samantha Seah challenged herself to collect all the plastic and nitrile waste she used in her lab in one day. Pipette tips, tubes, gloves, they quickly added up. At the end of her working day, Seah, who studies droplet microfluidics at the European Molecular Biology Laboratory, weighed the waste. It totaled 230 g. In a year, she estimates, that would add up to about 60 kg, or the weight of a small person.

Petrochemical Bioadipic acid

-Texas hit hard by shale slowdown

Texas hit hard by shale slowdown Texas’ economy is perhaps the most vulnerable to oil price swings given its leading role in the country’s oil industry. Recently, as prices have remained low, talk has begun about the outlook for the state’s economy.

According to a recent Reuters report, for example, smaller independent oil and gas producers in the Lone Star State are struggling to get loans from banks as the latter become increasingly wary of the ability of the borrowers to return the money when the time comes.

Texas hit hard by shale slowdown

-Recycled fabric percentage to rise to 60-70% in a few yrs

The percentage of fabric made from recycled materials to increase to 60-70 per cent in the next few years, highlighting the industry’s shift towards making sustainability a stable of textile production, according to experts who addressed the Taiwan smart & functional textiles press conference at the Functional Fabric Fair in Portland, Oregon, recently.

Hosted by the Taiwan External Trade Development Council (TAITRA), the event featured presentations from three of Taiwan’s leading manufacturers of sustainable functional fabrics: Singtex Industrial Company Ltd, Men-Chuen Fibre Industry Co Ltd and Hyperbola, according to a release from the organisers.

-Recycled fabric percentage to rise to 60-70% in a few yrs

-Bioplastics and biodegradable plastics

From cars to food wrap and from planes to pens, you can make anything and everything from plastics—unquestionably the world’s most versatile materials.

But there’s a snag. Plastics are synthetic (artificially created) chemicals that don’t belong in our world and don’t mix well with nature.

Discarded plastics are a big cause of pollution, cluttering rivers, seas, and beaches, killing fish, choking birds, and making our environment a much less attractive place.

Public pressure to clean up has produced plastics that seem to be more environmentally friendly. But are they all they’re cracked up to be?

-Bioplastics and biodegradable plastics

-Bio-on, domino effect ( Italian Language Only)
Fears for the jobs of the Sebiplast jont-venture. Astorri leaves the domiciliary, appointed the judicial administrator.
It is not only the employees of the Bologna-based Bio-on company who fear for their jobs, after the stock market crash and the investigations of the company’s top management accused of false corporate communications and market manipulation. Even the 60 workers of another company in the sector, Sebiplast – joint venture between Bio-on and SECI (Maccaferri group) – are afraid of losing their jobs if the PHA-based bioplastics plant obtained from glycerol is not built. a by-product of biodiesel production, a project announced last year (read article).
The alarm was launched by chemical trade unions at the end of a meeting with representatives of Sebiplast held on October 30th at the Unione Industriale of Parma.

-Bio-on, domino effect

Petrochemical Bioadipic acid

Petrochemical Bioplastics ACN News 04-11-2019

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