Petrochemical PETG Resin Polyester 15-10-2019

Petrochemical PETG Resin Polyester

China – Polyethylene Terephthalate

PET and its chain slide downward.

Crude oil price is weak.

Polyamide 6 and its chain lose ground.

Acrylonitrile continues to decrease.

PET Bottle grade export 800/850 $/ton PET Bottle grade domestic market 6,700/6,800 yuan/ton PET Filament grade SD domestic market 6,450/6,550 yuan/ton – PET Filament grade BR domestic market 6,550/6,650 yuan/ton

PTA Taiwan 640/650 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  555/565 $/ton – MEG domestic market 4,750/4,850 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,350/7,500  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Petrochemical PETG Resin Polyester

Crude Oil Prices Trend

Crude Oil Prices Trend

-Asia naphtha margins at 2019 highs on supply woes

Asia’s naphtha margins have climbed to their highest this year driven by concerns over supply combined with a steady bout of buying, boosting spot premiums.

A container ship at a Tokyo port in Japan. (Photo by Franck Robichon/EPA-EFE/Shutterstock)

Naphtha’s crack spread, a measure of the product’s refining margin, closed on 11 October at $105.83/tonne, the first time this year it has surpassed the $100/tonne mark – a level not seen since October 2018.

The crack spread had languished in negative territory four months ago in mid-June.

Petrochemical PETG Resin Polyester

-INNOVATIONS IN CHEMICAL TECH

Currently, only 50% of plastics are physically recycled. The rest, termed ‘End-of-Life Plastic’, is shipped to lowland, incinerated or finally ends up in our oceans.

To do that, we would want a policy that embraces new usage technology and that we need funding for our native usage infrastructure.

Generally, plastic recycling requires 2 forms – physical usage and chemical usage.

Physical usage takes a resource and re-purposes it, keeping the material essentially identical. as an example, a plastic bottle is sliced into plastic flake or liquefied into plastic pellets, each building blocks for brand spanking new plastic products. This is happening in Australia for PET and HDPE – and with investment, more can also be done.

Petrochemical PETG Resin Polyester

-An enzyme based technology for 100% biodegradable polymers/MLP

New sustainable packaging solution from Uflex

UFlex has developed a sustainable solution that was briefly presented at the recent PackPlus Conclave in New Delhi that was co-organized by Reed and IppStar. The company’s continuous research to make plastics totally biodegradable and neutralise their harmful effects has led to an enzyme based technology which, quickly breaks down the molecular PE chains and biodegrades polymers back into harmless components like water, biomass and carbon.

The Flexzyme technology

The Flexzyme technology uses a complex of specific plant-based peptides and enzymes, infused into the polyolefins or polyesters, in the process of making the multilayer plastics. Flexzyme biodegrades plastic through bacterial, microbial action, moisture and heat. Polymer chains are broken down by the enzyme and bacterial processes under certain environmental conditions. The polymer/MLP will significantly biologically-degrade within a few months dependant on the prevailing conditions at end of life. They undergo a change in their chemical composition when exposed to natural conditions.

An enzyme based technology for 100% biodegradable polymers/MLP

-UNIQLO to Produce Shirts Made of Plastic

Popular clothing store Uniqlo announced their plans to make a clothing line that is made from recycled plastic bottles. This clothing line will include shirts and jackets. The announcement came from Fast Retailing Co., the operator of the casual apparel chain of Uniqlo. They also stated that the clothes that are made from used plastic bottles would be produced in cooperation with Toray Industries Inc. so that they can deliver the new sustainability commitment.

Toray Industries Inc. is a textile and fiber company that supplies materials for aircraft.

Petrochemical PETG Resin Polyester

-Lenzing aims to become carbon-neutral by 2050

Lenzing Group wants to drastically reduce its CO2 footprint and become entirely carbon neutral by 2050.

The chemical group’s aim is to reach a first achievement for 2030 when it plans to reduce its CO2 emissions per ton of product by almost 50%–both inside its operational boundaries and in its supply chain–compared to a 2017 baseline.

Within 2030 it will invest €100 million to reduce its carbon emissions by 1.3 million tons.

Lenzing aims to become carbon-neutral by 2050

-Recycled bottle-to-bottle light barrier white opaque PET technically proven for the first time

Sukano and Sidel have proved that Sukano-designed white opaque masterbatch formulations can be used in PET monolayer bottles, and till be processed at the same machine throughput using Sidel’s EvoBLOW, with no impact on colour, properties, functionality, or production rates.

Sidel used recycled materials in its high-speed PET blowing machine to produce 25 per cent, 50 per cent, and 100 per cent light barrier white opaque bottles.

Petrochemical PETG Resin Polyester

-TITAS 2019 focuses on sustainability, smart textiles

The 23rd Taipei Innovative Textile Application Show (TITAS 2019) was held from October 7-9 at Taipei Nangang Exhibition Center, hall 1. This year, the focus of the show, was on topics like sustainability, smart and functional textiles.

There were 350 exhibitors with more than 700 booths from all over the world, who gathered in the trade show.

TITAS is the only professional textile trade show in Taiwan, as well as the most important innovative textile exhibition in Asia.

TITAS 2019 focuses on sustainability, smart textiles

-Liquid colors allow super-fast color changes in compounding of recycled resin

Liquid colors for plastic coloring need not be molten before processing and can therefore be injected further downstream in the process, bringing great advantages with respect to color change time and material consumption according to colorants supplier Rowasol.

KraussMaffei Extrusion GmbH will showcase this capability with an inline colorant system from OPM Mechatronic GmbH, together with liquid colors from Rowasol at K 2019.

Petrochemical PETG Resin Polyester

-Faurecia to acquire remaining 50% of SAS joint-venture to expand systems integration offer to cover all interior modules

Faurecia today announced that it has signed a Memorandum of Understanding to acquire the remaining 50% of its SAS joint venture from Continental. This joint venture was established in 1996 and has become a key player in complex interior module assembly and logistics. The company employs 4,490 people in 19 facilities in Europe, North America and South America.  Sales are expected to show strong growth in 2019 and should reach around €700 million (IFRS15).

This project would expand Faurecia’s systems integration offer to cover all interior modules as well as Faurecia’s new product lines such as displays, electronics, sensors and thermal management. The addition of SAS core competences in systems integration and complexity management would also strengthen Faurecia’s Just in Time plant network.

Faurecia to acquire remaining 50% of SAS joint-venture to expand systems integration offer to cover all interior modules

Petrochemical PETG Resin Polyester

Petrochemical PET Resin Polyester 14-10-2019

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