Petrochemical PET Resin Preforms News 18-11-2019

Petrochemical PET Resin Preforms

Petrochemical Polymers Nylon Plastic Prices

Petrochemical PET Resin Preforms

Crude Oil Prices Trend

Crude Oil Prices Trend

-Next year to be ‘decisive’ for Colombia oil, industry says

Next year will be decisive for Colombia’s oil and gas industry, as efforts to increase exploration and production move ahead in the midst of problems with community relations and security, industry experts said. Petrochemical PET Resin Preforms

The Andean country’s government is currently holding its second oil auction of 2019, the cornerstone of its push to attract new oil investment.

Petrochemical PET Resin Preforms

-Developing polyester recycling technology

Poseidon Plastics Signs Agreement with DuPont Teijin Films to assist and develop Poseidon’s polyester recycling technology  Petrochemical PET Resin Preforms

Poseidon Plastics Ltd., a waste polyester recycling company and co-developers of a unique monomer recycling technology that converts polyester waste to recycled raw material (BHET) to produce virgin PET, is pleased to announce it has signed an MOU agreement with DuPont Teijin Films to assist and develop Poseidon’s Polyester Recycling Technology with a view to constructing an initial 10,000 tonnes per year facility.

Petrochemical PET Resin Preforms

-Plastic products are one of Malaysia’s most vibrant industries

The plastic products industry is one of the most vibrant industries in Malaysia’s manufacturing sector, Deputy International Trade and Industry Minister Dr Ong Kian Ming said Friday.Petrochemical PET Resin Preforms

Citing the Department of Statistics Malaysia, he said the trade value of manufactured plastics grew by 3.4 per cent year-on-year (y-o-y) to RM19.76 billion in the first nine months of 2019.

From January to September 2019, exports of manufactured plastics also rose 3.6 per cent y-o-y to RM11.11 billion, he said.

Plastic products are one of Malaysia's most vibrant industries

-Danish firm launching ‘Livelong solution’ in Bangladesh

New enzyme helps textile producers produce durable garments

Novozymes, a Danish company, is launching the ‘Livelong solution’ for the first time in Bangladesh, a market that is known for being one of the leading garment manufactures in the world. Petrochemical PET Resin Preforms

The textile industry is one of the most polluting in the world and is under pressure to address critical environmental issues.

Novozymes’ new enzyme technology that gives the livelong effect is expected to help fill the gap and make the textile industry more sustainable, said a media release of the Danish Embassy in Dhaka on Sunday.

Danish firm launching ‘Livelong solution’ in Bangladesh

-Aquafil S.p.A. Just Beat EPS By 6.5%: Here’s What Analysts Think Will Happen Next

It’s been a sad week for Aquafil S.p.A. who’ve watched their investment drop 14% to €5.98 in the week since the company reported its half-year result.

Aquafil reported €287m in revenue, roughly in line with analyst forecasts, although earnings per share (EPS) of €0.59 beat expectations, being 6.5% higher than what analysts expected.

Earnings are an important time for investors, as they can track a company’s performance, look at what top analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company.Petrochemical PET Resin Preforms

We thought readers would find it interesting to see analysts’ latest post-earnings forecasts for next year.

Aquafil S.p.A. Just Beat EPS By 6.5%: Here’s What Analysts Think Will Happen Next

-Bulk defective vanadium oxide catalysts remove NOx at lower temperatures

Scientists from Tokyo Metropolitan University have developed a low-temperature catalyst for removing NOx gas from industrial exhaust using ammonia. Composed of bulk “defective” vanadium oxide instead of vanadium oxides supported on titanium oxide as in commercial catalysts, the catalyst works at lower temperatures (< 150 ˚C) with much higher efficiency.Petrochemical PET Resin Preforms

In a paper in ACS Catalysis, the team reports a clear improvement in performance, and identifies the reaction mechanisms responsible for the difference.

Petrochemical PET Resin Preforms

-NDSU researchers test new bioplastics for bottles, car parts

In a noisy industrial lab at North Dakota State University, graduate students make dog bones with an injection molding machine — but there are no dogs in sight. The students are researchers, and they use the bone-shaped plastic pieces to test the strength of new bioplastics — plastics made out of plant material, like wheat germ, corn, soybeans and plant-based polymers.Petrochemical PET Resin Preforms

This research effort — formally, the Center for Bioplastics and Biocomposites — is based at NDSU but happening in conjunction with three other universities: Iowa State, the University of Georgia and the University of Washington.

Petrochemical PET Resin Preforms

-Collectively Exhaustive Study On Bio-Based Adipic Acid Market 2020

New York City, NY: November 16, 2019 – Published via (Wired Release) – The industry analysis report identifying hidden opportunities of Bio-Based Adipic Acid Market, which will help to expand operations in the existing markets.

The prime goal of the market study is to give a detailed assessment of the Bio-Based Adipic Acid business based on type, sector as well as geography.

It also offers geological study into several regions with market growth, production, consumption, and revenue.

An in-depth study examining the potential of the market and also offers data and estimates on the market structure, dynamics, and trends.

The research report looks into growth strategies employed by key players, and how these strategies are poised to change the competitive dynamics in the bio-based adipic acid market over the forecast period.Petrochemical PET Resin Preforms

Petrochemical PET Resin Preforms

-Asia’s naphtha up to one week high

Asia’s naphtha crack edged up to hover around one week high of $74.03 a tonne as demand returned following a temporary lull from South Korea, Asia’s top importing country. Petrochemical PET Resin Preforms

GS Caltex bought heavy full-range naphtha for second-half December delivery at premiums in the low $20s a tonne level to Japan quotes on a cost-and-freight (C&F) basis.

This was lower compared to $29 a tonne premium it had paid on Oct. 22, Reuters data showed.

-Asia’s naphtha up to one week high

-Renault develops fabric made from 100% recycled materials for its new EV

As part of the “Àfiler” project, launched in 2015, the New Renault Zoé is now dressed up with a patented textile made exclusively from recycled materials and made in France in a short loop.Petrochemical PET Resin Preforms

This innovation would reduce the associated CO2 emissions by more than 60%, compared to the process used for the fabric of the previous Zoe.

The project was launched in collaboration with Filatures du Parc, a spinning mill in the Tarn region of France, and Adient Fabrics, an automotive seat supplier in Ariège, France.

Petrochemical PET Resin Preforms

-DSM says hello to good bio for Stanyl, Arnitel resins

Royal DSM rolled out bio-based grades of its Stanyl and Arnitel resins at K 2019.

At an Oct. 17 press event at K 2019 in Düsseldorf, officials with DSM — based in Geleen, Netherlands — said that the firm also has set a goal of offering bio-based or recycled-based grades of all of its materials by 2030.Petrochemical PET Resin Preforms

“There’s growing momentum around the circular economy,” Engineering Plastics President Shruti Singhal said at the event.

Engineering Plastics President Shruti Singhal of Royal DSM

-MagnaColors releases new dye migration blocker

The new MagnaPrint Migration Blocker Black from MagnaColours – a dye migration blocker, specifically designed for use with problematic fabrics, is now available.

It stops colours bleeding on polyester and blended fabrics.

The blocker eliminates the lifting of garments during printing (sweating) and reduces pin-holing and puckering of problematic fabrics. Petrochemical PET Resin Preforms

With a smooth finish and excellent matting properties, MagnaPrint Migration Blocker provides a perfect surface for overprinting – ideal to use with more fibrous fabrics.

-MagnaColors releases new dye migration blocker

-72% of PTA capacity growth to be located in Asia

GlobalData has reported that Asia is set to contribute around 72% of the global purified terephthalic acid (PTA) capacity growth from planned and announced projects between 2019 and 2023.Petrochemical PET Resin Preforms

The company’s report, ‘Global Purified Terephthalic Acid (PTA) Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants’, reveals that Asia is expected to have a new-build and expansion PTA capacity of 16.8 million tpy from 11 planned and announced projects. Of these, six are planned projects and the remaining are announced projects.

72% of PTA capacity growth to be located in Asia

-Autefa’s nonwoven solutions at Techtextil India 2019

During Techtextil India, which will take place from 20-22 November in Mumbai, visitors will experience future-proof solutions for improving quality and productivity while visiting Autefa Solutions.

The company will present its portfolio as a preferred full- line supplier for carded- crosslapped needlepunch lines, aerodynamic web forming technology, spunlace, and thermobonding lines for producing nonwovens to cater to wide range of applications, such as filtration, geotextiles, automotive, carpets, technical felts, waddings, insultations, wipes, hygiene etc.

In the premium nonwovens segment Autefa Solutions has a comprehensive product range in both forming and bonding systems.

Autefa’s nonwoven solutions at Techtextil India 2019

Petrochemical PET Resin Preforms

Petrochemical PET Preforms PTA News 16-11-2019

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