Petrochemical Polyolefins Carbon Fibre 25-10-2019

Petrochemical Polyolefins Carbon Fibre

China – Polyethylene Terephthalate

PET and its chain are steady,but in health.

Crude oil price continues to be good health.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady.

PET Bottle grade export 800/845 $/ton PET Bottle grade domestic market 6,550/6,650 yuan/ton PET Filament grade SD domestic market 6,050/6,200 yuan/ton – PET Filament grade BR domestic market 6,150/6,300 yuan/ton

PTA Taiwan 615/625 $/ton PTA domestic market 4,900/5,000 yuan/tonMEG  545/555 $/ton – MEG domestic market 4,600/4,700 yuan/tonPX Korea 770/780 $/ton.

Polyester POY 150D/48F  domestic market 7,100/7,200  yuan/tonPolyester DTY 150D/48F  domestic market 8,700/8,800  yuan/tonPolyester Staple PSF domestic market 7,000/7,100 yuan/ton

Petrochemical Polyolefins Carbon Fibre

Crude Oil Prices Trend

Crude Oil Prices Trend

-4 ways 5G is set to transform supply chains

Two-thirds of organizations plan to deploy 5G by 2020, with operational efficiency seen as the key benefit.​

As the 5G mobile broadband standard begins to roll out in cities across the world, supply chain and logistics managers who don’t have a strategy already may be behind the curve.

Experts expect the impact of 5G to be felt across the logistics industry, from vehicle-to-vehicle communication to tracking items as small as microchips. In the warehouse, pickers may be guided by augmented reality applications that lead them to the correct bin.

Petrochemical Polyolefins Carbon Fibre

-EuPC, PlasticsEurope and PRE against the Italian plastic tax

During a meeting held in Düsseldorf at the K trade show, the three Presidents of the European plastics industry associations, Renato Zelcher (European Plastics Converters), Javier Constante (PlasticsEurope) and Ton Emans (Plastic Recyclers Europe), agreed to oppose the Italian Government’s tax proposal of 1000 € per ton of plastic packaging.

The proposed ‘Plastics Packaging Tax’ is likely to have a negative impact on the local market, in terms of job losses and consumers being negatively affected by such a regressive tax.

Petrochemical Polyolefins Carbon Fibre

-BP invests $25m in innovative pilot plant for ‘unrecyclable’ plastics

Called BP Infinia, the technology enables PET plastic waste which is either considered low value or is not detected in traditional recycling facilities due to its colour to be recycled.

BP claims this focus could be particularly useful in diverting plastic bottles and trays from landfill and incineration.

Of the 27 million tonnes of PET used annually in beverage and rigid food packaging, 23 million tonnes is used in bottles, and less than 60% of those bottles, by weight, are recycled.

Petrochemical Polyolefins Carbon Fibre

-Asia demand continues to bolster BOPP market

The global Biaxially Oriented Polypropylene (BOPP) film market has seen demand grow by just under 5 per cent per annum over the last five years, reports Wood Mackenzie in a recent report. The main driver of growth has been the demand for flexible packaging, particularly in China and South East Asia.

The BOPP film industry, worth in the region of $15 billion, delivered more than 8.4 million tonnes in 2018. The global market is currently well supplied, dominated by China and the growing influence of Indian-owned producers who continue to expand their operations globally.

Asia demand continues to bolster BOPP market

-K 2019 –  Italian associations oppose ‘regressive’ plastics packaging tax

During a meeting held at K 2019, the three Presidents of the European plastics industry associations, Renato Zelcher (European Plastics Converters), Javier Constante (PlasticsEurope) and Ton Emans (Plastic Recyclers Europe), agreed to oppose the Italian Government’s tax proposal of €1,000 ($1,110) per tonne of plastics packaging.

The proposed ‘Plastics Packaging Tax’ is likely to have a negative impact on the local market, say the associations, in terms of job losses and consumers being negatively affected by such a regressive tax.

Petrochemical Polyolefins Carbon Fibre

-Coca-Cola: We need to reframe the way we talk about the plastic problem

The soft drink giant’s CEO James Quincey is encouraging a two-pronged approach to sustainable packaging that includes both zero waste and reducing companies’ carbon emissions.

Coca-Cola’s CEO James Quincey is launching a call to arms to “reframe the plastic problem” away from just focusing on cutting use of plastic to thinking more about how to create a circular economy.

Coca-Cola: We need to reframe the way we talk about the plastic problem

-Asia ABS market quiet amid US-China trade tensions

Activity in Asia’s acrylonitrile-butadiene-styrene (ABS) market remained slow with players in a cautious mode as the US-China trade war continued to weigh on sentiment.

Qingdao port in Shandong province, China (Photo by Sipa Asia/Shutterstock)

ABS trade in China has remained muted after its week-long National Day holidays in early October, with users and traders mostly keeping lean resin stocks.

Spot activity tapered off on slack demand, while the thin trade has resulted in relatively stable prices.

K 2019: Europe PE 'warehouses full everywhere' as oversupply haunts market

-K 2019: Europe PE ‘warehouses full everywhere’ as oversupply haunts market

Lengthy European polyethylene (PE) supply is dominating sentiment as imports are offered on a widespread basis.

“Warehouses are full everywhere, and there’s more to come,” said a trader.

Buyers were treading the halls looking for good 2020 deals, but one European producer at least was offering rollover conditions for 2020 contracted business.

“Imports from the US are not regular enough yet to affect contracted business,” said one.

K 2019: Europe PE 'warehouses full everywhere' as oversupply haunts market

-Talga teams with Swedish brand for graphene packs

Talga Resources has executed a graphene joint development agreement with a Swedish-based sustainable packaging company

Both companies will develop an improved technology that incorporates Talga’s graphene product into sustainable, ‘no-plastic’ packaging

Packaging is a high-volume application where graphene can make a material impact to performance and recycling

Talga Resources’ shares are up a healthy 10.2 per cent and trading at 54 cents apiece

Talga Resources has signed a deal with BillerudKorsnäs, a Swedish-based packaging company.

This agreement follows successful test work completed regarding Talga’s graphene product, Talphene. Talphene was used in BillerudKorsnäs’ fibre and board packaging products.

Talga teams with Swedish brand for graphene packs

-Stoll at Techtextil India

Reutlingen – Flat knitting machine builder Stoll will be exhibit at next month’s Techtextil India exhibition, the region’s leading international trade fair for technical textiles and nonwovens.

The exhibition is highly regarded as a key marketplace to develop new ideas, strengthen existing consumer relations and gain new business relationships.

India, in particular is demonstrating an increasing demand for footwear and medical technology applications, Stoll’s solutions for which include its TT sport and TT med technologies respectively.

Petrochemical Polyolefins Carbon Fibre

Petrochemical Polyolefins Circular Economy 24-10-2019

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