Petrochemical PEF Bioplastics Automotive 11-12-2019 - Arhive

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Petrochemical PEF Bioplastics Automotive

China – Polyethylene Terephthalate

PET and its chain are assessed mixed,with the MEG in health.

Crude oil price is weak.

Polyamide 6 and its chain are in health.

Acrylonitrile is steady.

Naphtha increases to $/ton 576

PET Bottle grade export 770/820 $/ton PET Bottle grade domestic market 6,350/6,500 yuan/ton PET Filament grade SD domestic market 6,050/6,150 yuan/ton – PET Filament grade BR domestic market 6,050/6,200 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,700/4,800 yuan/tonMEG  590/605 $/ton – MEG domestic market 5,050/5,200 yuan/tonPX Korea 780/790 $/ton.

Polyester POY 150D/48F  domestic market 6,800/6,900  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PEF Bioplastics Automotive

-Crude Oil Prices Trend

Crude Oil Prices Trend

-The Nylon 46 market is one of the best sectors in which to invest in 2019

( Italian Language Only)

The in-depth market study of the sector and the in-depth qualitative analysis of the “global market Nylon 46 surprising growth 2019 and 2027 forecasts” will include the entire ecosystem of the sector and is very important to improve business productivity, covering five main regions, namely say North America, Europe, Asia Pacific, Latin America and the Middle East and Africa, and the main countries that fall into these regions.

Leading manufacturers in the Nylon 46 market: Koninklijke DSM N.V., Honeywell International Inc., Sabic Innovative Plastics LLC, E. I. du Pont de Nemours and Company, Asahi Kasei Corporation, Evonik Industries AG, and Li Peng Enterprice Company Ltd.

Petrochemical PEF Bioplastics Automotive

-Lenzing Announces First Virgin Lyocell From Post-Consumer Cotton

After the September announcement of an upgraded Refibra technology that increased upcycled cotton-scrap pulp composition, Lenzing, Austria–headquartered Lenzing revealed another advancement with the product.

Building upon the existing process that relies on the upcycling of pre-consumer cotton scraps, which are a byproduct of cotton production, the company announced that it had increased up to 30 percent the composition of upcycled cotton-scrap pulp used in the product. Petrochemical PEF Bioplastics Automotive

On Dec. 3, it announced the completion of its second phase, which allows for up to 10 percent of post-consumer cotton waste to be used in manufacturing.

Petrochemical PEF Bioplastics Automotive

-Italy backtracks on plastic tax

The Italian government has backpedalled on a controversial tax on plastic in its 2020 budget following protests from producers in a region which will hold a key local election in January.Petrochemical PEF Bioplastics Automotive

In an amendment made to the 2020 budget bill on Thursday, the government halved its planned tariff on plastics and excluded products that contain recycled and biodegradable plastic.

The tax has now been set at 50 cents per kilogram of plastic product instead of €1.

The law will also now exclude all medical devices and containers, not just syringes, as was written in the first draft.

Petrochemical PEF Bioplastics Automotive

-INEOS Styrolution, Agilyx advance PS chemical recycling US plant

Germany’s INEOS Styrolution and US-based Agilyx are advancing the development of a polystyrene (PS) chemical recycling facility in Channahon, Illinois, capable of processing up to 100 tonnes/day of post-consumer PS, the companies said on Monday.

The facility will chemically treat post-consumer plastic waste contaminated with food and other organics and convert it back into new, food-grade plastic products or packaging.

Petrochemical PEF Bioplastics Automotive

-Graphene takes off in composites for planes and cars

The Graphene Flagship brought together top European researchers and companies to discuss the most disruptive ways graphene could enhance composites used in the aerospace, automotive and energy industries.Petrochemical PEF Bioplastics Automotive

The multidisciplinary team involved researchers from academic institutions, business enterprises such as Graphene Flagship Partners Nanesa and Avanzare, and large transportation end-user industries, such as Graphene Flagship Partners Airbus and Fiat.

Graphene takes off in composites for planes and cars

-Solvay and SGL Carbon collaborate to develop highly-competitive advanced carbon fiber composites

Solvay and SGL Carbon have entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials, which address the need to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft, will be based on SGL Carbon’s large-tow IM carbon fiber and Solvay’s primary structure resin systems.Petrochemical PEF Bioplastics Automotive

The agreement encompasses both thermoset and thermoplastic composite technologies. It builds on Solvay’s leadership in supplying advanced materials to the aerospace industry and SGL Carbon’s expertise in high-volume carbon fiber manufacturing.

Solvay and SGL Carbon collaborate to develop highly-competitive advanced carbon fiber composites

-EURATEX preliminary proposals for a new Circular Economy Action Plan for Textiles

Welcoming Mr. Calleja Crespo, Director General of the European Commission DG Environment at the Board of Directors meeting, EURATEX is pleased to anticipate preliminary proposals for a new Circular Economy Action Plan for the Textile value chains to ensure sustainable resource use and tackle urgent environment, social and economic challenges.Petrochemical PEF Bioplastics Automotive

The EURATEX strategy, Prospering in the Circular Economy 2019, elaborates on 12 key points, 6 conditions and 38 specific proposals under 9 actions.

The strategy is the result of an extensive, bottom-up consultation with EURATEX members, national and sector associations and more than 100 European companies and other stakeholders.

Petrochemical PEF Bioplastics Automotive

-HONEYWELL UOP TECHNOLOGY TO PURIFY HYDROGEN FOR ZHEJIANG SATELLITE PETROCHEMICAL

Zhejiang Satellite Petrochemical Co., Ltd. is using a Polybed pressure swing adsorption (PSA) unit supplied by Honeywell UOP (Des Plaines, Ill.; www.uop.com) to provide high-purity hydrogen to its integrated refining and petrochemicals complex in China. The PSA unit purifies hydrogen generated by its UOP C3 Oleflex propane dehydrogenation (PDH) unit.Petrochemical PEF Bioplastics Automotive

Zhejiang Satellite, which recently announced a second C3 Oleflex unit to meet the growing propylene demand in China, has used the PSA technology to upgrade the purity of hydrogen to meet refining needs. In addition to technology licensing, Honeywell UOP, a technology leader in the oil and gas industry, provided services, equipment, catalysts and adsorbents for the Satellite plant.

Petrochemical PEF Bioplastics Automotive

-Oil prices up with positive US, China trade talks

Trade talks are ‘heading in a good direction,’ White House adviser Jared Kushner says

ANKARA

Crude oil prices were up early Tuesday supported by a top U.S. official’s comments on positive trade talks between the U.S. and China on Monday.

The trade talks between the world’s two largest economies are “heading in a good direction,” the White House adviser Jared Kushner said.

However, he confirmed that he did not know what decision the U.S. President Donald Trump, who is also his father-in-law, would make.

Oil prices up with positive US, China trade talks

-ADNOC AND RELIANCE SIGN FRAMEWORK AGREEMENT FOR POTENTIAL ETHYLENE DICHLORIDE PLANT

The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed a Framework Agreement with Reliance Industries Ltd.(RIL; Mumbai, India; www.ril.com) to explore development of an Ethylene Dichloride (EDC) facility in Ruwais, Abu Dhabi.

Under the terms of the agreement, ADNOC and RIL will evaluate the potential creation of a facility that manufactures EDC adjacent to ADNOC’s integrated refining and petrochemical site in Ruwais, Abu Dhabi and strengthen the companies’ existing relationship supporting future collaboration in petrochemicals. Petrochemical PEF Bioplastics Automotive

ADNOC AND RELIANCE SIGN FRAMEWORK AGREEMENT FOR POTENTIAL ETHYLENE DICHLORIDE PLANT

Petrochemical PEF Bioplastics Automotive

Petrochemical PEF Circular Economy News 10-12-2019