Petrochemicals Biodegradable Bioeconomy 09-08-2019
Petrochemicals Biodegradable Bioeconomy
China – Polyethylene Terephthalate
PET and it’s chain continue to be assessed mixed.
Crude oil price increases.
Polyamide 6 and its chain are weak.
Acrylonitrile is steady.
PET Bottle grade export 810/880 $/ton – PET Bottle grade domestic market 6,900/7,000 yuan/ton – PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton
PTA Taiwan 685/695 $/ton – PTA domestic market 5,100/5,200 yuan/ton – MEG 520/530 $/ton – MEG domestic market 4,400/4,550 yuan/ton – PX Korea 765/775 $/ton
Polyester POY 150D/48F domestic market 7,550/7,650 yuan/ton – Polyester DTY 150D/48F domestic market8,950/9,050 yuan/ton – Polyester Staple PSF domestic market 7,050/7,200 yuan/ton
New US sanctions will not affect Russia’s public finances in the near future, but in the long run they will put pressure on Russian investment and access to technology, RBC reports citing data from Moody’s rating agency.
Although the new sanctions will not affect the credit worthiness of the Russian government in the short term, their long-term consequences will be more serious, writes the rating agency Moody’s Investors Service in a report to investors. “The ambitions of Russian President Vladimir Putin to increase growth and quality of life will be more difficult to realize with new US sanctions,” says Moody’s.
-Crude Oil Prices Trend
North American prices for solid polystyrene, polypropylene and PET bottle resins each increased during July, mainly as a result of higher feedstock prices.
In the other direction, regional polyethylene resin buyers who didn’t see a price drop in June saw one in July instead.
Solid PS prices saw the largest increase, moving up by an average of 2 cents per pound. That move was tied to a 14 percent price hike for benzene, which is used to make styrene monomer. Benzene prices for July were up 33 cents to $2.67 per gallon.
Regional PS prices had been flat in May and June after moving up 4 cents in April. Domestic PS demand showed growth of around 1 percent in the first half of 2019, market watchers told Plastics News, with gains in consumer products and electrical/electronic applications.
What are sustainable initiatives currently practiced throughout your supply-chain?
We start by sourcing fabrics from suppliers that are using organic materials and non-toxic dyes to ensure no harmful chemicals are being used. The main fabrics we choose for the collection are naturally renewable fibers like wool, cotton, cupro, and other plant-based fibers that are processed in a closed-loop environment, and powered by renewable energy. When selecting synthetic fibers like polyester, we work with mills that are using 100% recycled materials and/or PET bottles to keep petroleum-based plastics out of landfills and oceans. Recycled polyester uses up to 75% less Carbon emissions than new polyester fiber. Petrochemicals Biodegradable Bioeconomy
Lon Offenbacher, president and CEO of Inteva Products LLC, is looking on the bright side as a Tier 1 supplier to a fluctuating, and increasingly high-tech heavy, automotive industry.
The top executive said successful navigation of the constant change comes down to knowing what people are buying, where they are buying it and what they need that they don’t have yet.
“Innovation becomes a really big deal,” Offenbacher said in an Aug. 6 interview at the Center for Automotive Research’s Management Briefing Seminars.
This 2019 photo shows an Installation view of “Nature—Cooper Hewitt Design Triennial” in New York. The exhibit of cutting edge innovations at the Cooper Hewitt, Smithsonian Design Museum, on view through January 20, 2020, includes this dress made by a Japanese design team, featuring transgenic glowing silk made from silkworms injected with a green fluorescent protein derived from jellyfish. (Matt Flynn/Cooper Hewitt, Smithsonian Design Museum via AP)
Whether it’s how they’re made or what they’re made of, textiles are evolving to meet consumer demand for sustainability.
“There’s a real push for sustainability now, and the home textiles industry is waking up to that consumer call,” says Shannon Maher, chair of Home Products Development at the Fashion Institute of Technology, in New York. Petrochemicals Biodegradable Bioeconomy
Researchers at Sungkyunkwan University (SKKU) in Korea have developed artificial skin tactile sensors that can feel the similar pressure and vibration felt by human skin.
The team, led by Senior Researcher Changsoon Choi at DGIST Department of Smart Textile Convergence Research and Dr. Sungwoo Chun at Sungkyunkwan University (SKKU), developed a new-concept artificial skin-based sensor that detects both pressure and vibration at the same time and effectively measures texture.
Why microfibers are the new microbeads. Microfibers are a disproportionately large problem for such tiny strands of fabric.
Microfiber towels may feel like they are made from cloth but are made from plastic.
Natural gas is used to create plastics that are spun into fibers. These fibers are weaved into a cloth that is great for doing things like picking up dust or dirt. Sometimes, these are made from recycled plastics, but other times are made from totally virgin materials.
Why might microfibers be an issue for the environment
Every time we wash a piece of clothing made from synthetic fibers, such as polyester, nylon or acrylic, a wave of microplastic – so small you can barely see them – is unleashed into the water supply. Petrochemicals Biodegradable Bioeconomy
The honest answer is, we don’t know, as it strongly depends on the share between the ETS and the non-ETS reduction targets. However, assuming that the share between ETS and non-ETS targets remains unchanged from the current 2030 set-up, the EU ETS reduction target would have to increase from currently 43% compared to 2005 levels to between 52% and 57% in order to match the latest announcements by Commission President-elect Ursula von der Leyen.
An important question remains on the likelihood and the timing of the target change decision as this will have significant implications for the cap trajectory and could lead to a sharp decline of allowances available in the second half of TP4.
Are Israel’s plastic bottles being recycled?
The Jerusalem Municipality is now working with the company GreenNet, the largest waste-sorting plant in the Middle East and one of the largest in the world.
Every day, 2,000 tons of waste are automatically sorted at GreenNet’s Atarot factory, where cutting-edge technology separates paper, metals, nonmetals, organic waste and five kinds of plastics without direct contact from sanitation workers.
Post-consumer bottle prices need to be cut more substantially, most recyclers complain
PET recyclers in Germany are under serious pressure at the moment. Further declines in primary PET prices and price indices for flakes are making business difficult. In July, primary PET prices fell to around €900 per tonne and thus lower than the price of flakes. Since the purchase prices for post-consumer bottles did not drop as sharply as the sales prices of flakes, recyclers took a loss in some cases. Petrochemicals Biodegradable Bioeconomy
Low carbon fuel company Gevo has successfully completed the first phase of a trial pilot of fleet vehicles using its low carbon, renewable drop-in isobutanol blended gasoline.
The trial, which took place in the City of Seattle in in the US, saw a reduction in greenhouse gas (GHG) emissions from its fleet of vehicles equal to 18 metric tons. The use of the low carbon fuel had no adverse effects on the vehicles. Petrochemicals Biodegradable Bioeconomy
A new ink that allows black plastics to be sorted by near-infrared (NIR) detectors has been launched by Austrian masterbatch company Gabriel-Chemie.
Masterbatch is the additive added to plastics to give it colour or to change its properties.
The masterbatch launched by Gabriel-Chemie allows for other colours to be sorted more effectively, not just black plastics.
This NIR reflective masterbatch is made using special pigment formulations which enable the corresponding sorting and recycling.