Petrochemical PET Preforms PTA News 14-11-2019

Petrochemical PET Preforms PTA

Nylon6 chips overseas  market

Nylon6 chips overseas  market

Crude Oil Prices Trend

Crude Oil Prices Trend

-DyStar exhibits new developments at Performance Days

DyStar is a leading specialty chemical company. © DyStar DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, is inviting visitors to meet the company at this week’s Performance Days trade fair, which takes place in Munich from 13-14 November.Petrochemical PET Preforms PTA

“This is our second time at the event, and we are elated to have five of our new developments chosen by the Jury of Performance Forum to be displayed on the Wall Special. Learn and find out how DyStar’s products can help you shape a more sustainable manufacturing journey with us,” commented Bernhard Knoche, Global Head of Brand & Retailer Management.

Petrochemical PET Preforms PTA

-BP announces technology to enable circularity for unrecyclable PET bottles

BP has announced the launch of enhanced recycling technology that enables currently unrecyclable PET plastic to be transformed.Petrochemical PET Preforms PTA

The petroleum giant said BP Infinia enables currently unrecyclable polyethylene terephthalate (PET) plastic waste to be diverted from landfill or incineration and transformed back into new, virgin-quality feedstocks.

BP Infinia technology is designed to turn difficult-to-recycle PET plastic waste – such as black food trays and coloured bottles – into recycled feedstocks that are interchangeable with those made from traditional hydrocarbon sources.

Petrochemical PET Preforms PTA

-Project STOP receives renowned ADIPEC Award

Borealis, Borouge and NOVA Chemicals, strategic partners that support Project STOP, are proud to announce that the initiative has received the Social Contribution and Local Content Project of the Year Award at the ADIPEC Awards 2019.Petrochemical PET Preforms PTA

These awards recognise outstanding contributions to the future of the oil and gas industry. The award was received at a ceremony in Abu Dhabi on 11 November 2019.

Petrochemical PET Preforms PTA

-Sympatex recycled share reaches 80 per cent

Functional textile developer Sympatex has expanded its share of unmixed, recycled polyester laminates in its apparel line to 80 per cent as it looks to develop a range of products that can be upcycled, and as part of its strategy to offer completely non-toxic, recycled and recyclable functional textiles by the end of 2020.Petrochemical PET Preforms PTA

The news comes on the eve of the 2019 Performance Days event in Munich where the company will also reveal details of its on-going collaboration with the Wear2Wear consortium. A European initiative, which aims to bring used polyester fibres back into the textile loop, thus preserving their value.

Sympatex recycled share reaches 80 per cent

-RECIPAM project to improve recycling of multilayer food packaging

The RECIPAM project, funded by the Valencian Innovation Agency (AVI), is developing new recycling methods for multilayer food packaging to improve the quality of the resulting materials so they can be incorporated into high value-added applications.

The project partners hope the development of a cost-effective process and high-quality materials will lead to the creation of a recycling chain for this kind of packaging through the involvement and collaboration of the entire value chain.

RECIPAM project to improve recycling of multilayer food packaging

-Avantium joins Paper Bottle Project

The Paper Bottle Company (Paboco®) – a joint venture between paper packaging material developer BillerudKorsnäs and bottle manufacturing specialist ALPLA -has announced that Avantium joins the Paper Bottle Project.

Avantium will be one of the technology providers for the fully plant-based and recyclable Paper Bottle. A thin layer of Avantium’s PEF (polyethylene furanoate) will provide the Paper Bottle with the high barrier properties (the ability to withstand gas permeability through the bottle) needed for beverages such as beer and carbonated soft drinks.

-Berry Global joins SABIC in the production and use of circular polymers from chemical recycling

Berry Global Group has announced a collaboration with SABIC to drive the innovation and use of polyolefin resins made from chemical recycling.

The companies boast a long partnership and focus on their shared values of sustainability and promotion of a circular economy.Petrochemical PET Preforms PTA

Berry Global joins SABIC in the production and use of circular polymers from chemical recycling

-Recycled HDPE prices continue to escalate

Market graph iconThe price of recovered natural HDPE has climbed again, in some areas breaking recent records. The price of OCC dropped further, however.

The current national average price of post-consumer natural high-density polyethylene (HDPE) from curbside collection programs is 51.75 cents per pound, compared with 46.38 cents this time last month.Petrochemical PET Preforms PTA

In some areas, it is trading as high as 57.00 cents per pound, a decade high.

The last similar high was in September 2014, when it reached a national average of 52.69 cents per pound.

Recycled HDPE prices continue to escalate

-Spot PE prices slide as suppliers compete for orders

Prices for both polyethylene (PE) and polypropylene (PP)  weakened across the board last week, reports the PlasticsExchange (Chicago) in its Market Update.

PE grades dropped $0.005 to 0.015/lb, although some materials such as low-density (LD) PE for film and high-density (HD) PE for dairy remained a tad snug. Spot PP prices dropped a deuce on weaker feedstock costs.Petrochemical PET Preforms PTA

There were some phenomenal resin deals presented to us, writes the PlasticsExchange, which it scooped up, because they were “just too compelling to pass up.”

Spot PE prices slide as suppliers compete for orders

-New upgrade transforms ACW into WINGS

Oerlikon Barmag ACW WINGS. © Oerlikon Upgrades and retrofits have been made available for Oerlikon Barmag ACW-series winders, with which the benefits of the WINGS concept become tangibly close for operators of POY spinning systems equipped with ACW technology. Worldwide, thousands of winders could take advantage of this system upgrade, the manufacturer reports. Petrochemical PET Preforms PTA

“In addition to savings in terms of energy, waste and HR, the benefits of the WINGS concept above all include the consistently high yarn quality, making WINGS yarn a winner in further processing.

New upgrade transforms ACW into WINGS

Petrochemical PET Preforms PTA

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