Petrochemical PET Polyolefin LDPE News 03-12-2019

Petrochemical PET Polyolefin LDPE

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Heimtextil creates sustainability strategy for Trend Space

More sustainability for the Trend Space: Heimtextil, which takes place from 7-10 January 2020, together with its international Trend Council, has developed a material manifesto and thus chosen a new sustainable approach for the conception of the Trend Space.

Through intelligent material choice, the Heimtextil team and their Trend Council have created an immersive forum with a minimal footprint.

This means finding alternatives to new materials wherever possible, thus avoiding excess waste when the exhibition closes.

Heimtextil creates sustainability strategy for Trend Space

-Bioplastics Consortium Granted €25M EU Funding

The PEFerence consortium, coordinated by Avantium Renewable Polymers, has received reconfirmation of a €25M Horizon 2020 grant from the Bio-based Industries Joint Undertaking to develop plant-based, recyclable plastics.Petrochemical PET Polyolefin LDPE

The grant was originally awarded in 2017 when the PEFerence consortium was under coordination of Synvina, a joint venture between Avantium and BASF.

Petrochemical PET Polyolefin LDPE

-EU Commission clears the acquisition of Solvay’s EEA nylon business by Domo Chemicals

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Solvay’s nylon business assets (the “Divestment Business”) by Domo Chemicals GmbH (“Domo”). Petrochemical PET Polyolefin LDPE

The Divestment Business is being divested in the context of the Commission’s conditional clearance in January 2019 of the acquisition of Solvay’s EP and P&I business by BASF (M.8674).

The Divestment Business is primarily involved in the nylon 6.6 value chain and focuses on the manufacturing of nylon intermediates and final products.Petrochemical PET Polyolefin LDPE

Domo is a vertically integrated firm, which offers a portfolio of nylon intermediates and final products focusing on the nylon 6 value chain, fertilizers and petrochemical products.

The nylon 6 value chain and the nylon 6.6 value chain are different in respect of the feedstock, intermediates and final products involved. Therefore, the products of the Divestment Business and Domo are largely complementary

Petrochemical PET Polyolefin LDPE

-Indonesia’s textiles industry: An Update

Indonesian textiles and clothing exports is growing at a rate marginally faster than that of the country’s GDP, but the overall downward trend continues. A Market Intelligence (MI) report from Fibre2Fashion.

The export value of Indonesian textiles and clothing products increased to $13.28 billion in CY (calendar year) 2018 from $12.54 billion in CY 2017 with a growth rate of 5.90 per cent, according to textile association Asosiasi Pertekstilan Indonesia (API). The growth rate of the Indonesian textiles and clothing industry was higher than the country’s GDP growth rate of 5.17 per cent in 2018.Petrochemical PET Polyolefin LDPE

Petrochemical PET Polyolefin LDPE

-Enzyme discovery could keep tonnes of polyester from landfill

Professor Robert Speight and Dr. Laura Navone found that a commercial enzyme dissolves wool fibres from polyester and wool mix fabrics, without damaging the polyester strands.

“Recycled polyester is a valuable tradable commodity,” Professor Speight, from QUT’s Institute for Future Environments and the Science and Engineering Faculty.

“The polyester extracted from fabric can be made into polyester chips and turned into anything from yarn for new textiles to playground equipment.Petrochemical PET Polyolefin LDPE

Enzyme discovery could keep tonnes of polyester from landfill

-Vietnam HDPE prices under pressure from US supplies

High-density polyethylene (PE) prices in Vietnam are under increased pressure from new supplies from the US.

US-origin HDPE cargoes were offered at $780-800/t cfr southeast Asia this week, significantly lower than those from other origins.Petrochemical PET Polyolefin LDPE

Middle East and Asian producers typically sell PE to Vietnam, which does not have existing production.

Petrochemical PET Polyolefin LDPE

-Arburg at Interplastica 2020: High-performance for the packaging industry

Packaging version of the hybrid Allrounder 570 H produces thin-walled IML containers

High-performance machines for high-speed packaging items

Packaging and medical industries in demand in Russia

From 28 to 31 January 2020, Arburg will be in attendance at Interplastica in Moscow, Russia at stand 1B25 in hall 2. Petrochemical PET Polyolefin LDPE

A Packaging version of the hybrid Allrounder 570 H will be demonstrating live how thin-walled IML containers are produced for the packaging industry. What’s more, visitors will be able to speak to Arburg’s experts and find out all about the company’s comprehensive product portfolio, which includes automation, turnkey systems and digitalisation.

Arburg at Interplastica 2020: High-performance for the packaging industry

-Future of PET preforms could lie in rPET

PET preforms continue to see sustained adoption, prominently owing to continued demand from bottled water industry and single-serve beverages sector.

A new study by Future Market Insights projects the global PET preforms market to expand at 5% CAGR during 2019 – 2029. F&B, pharma, and personal care & cosmetics industries would remain key consumers of PET preforms market over the foreseeable future.

The report analyzes how the market will shape up, in the backdrop of recently imposed ban on single-use plastics and environmental concerns surrounding the usage of plastic bottles by packaging industry. Petrochemical PET Polyolefin LDPE

Future of PET preforms could lie in rPET

-Fashionizer Spa launches new sustainable fabric

Spa uniform provider, Fashionizer Spa, has developed a new sustainable fabric style – Eco-Smooth.

The fabric is developed with eco-friendly technologies and will be used to create a new uniform style – the Aurora Tunic. Additional styles will be added to the in-stock range and sold online.

The fabric combines the properties of organic cotton with Newlife PET – Fashionizer Spa’s fabric which is crafted from recycled plastic bottles.Petrochemical PET Polyolefin LDPE

Eco-Smooth is composed of 60 per cent organic cotton, 37 per cent Newlife PET and three per cent Lycra.

Fashionizer Spa launches new sustainable fabric

-Asia PA sinks to 2019-low on tepid demand; outlook stays grim

Asia’s phthalic anhydride (PA) import prices remain in the doldrums as wider discounts failed to uplift buying.

With consumer confidence still undermined by the incessant US-China tensions, prospects of any near-term recovery for PA demand seem dim, market participants said.

In southeast Asia, import PA prices started declining in September, and by end-November, average prices have lost more than 10% to hit $805/tonne CFR (cost and freight) SE (southeast) Asia.

Asia PA sinks to 2019-low on tepid demand; outlook stays grim

Petrochemical PET Polyolefin LDPE

Petrochemical PET Polyolefin fibers News 02-12-2019

 

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