Petrochemicals Biodegradable Crude Oil 08-08-2019
Petrochemicals Biodegradable Crude Oil
China – Polyethylene Terephthalate
PET and it’s chain continue to be assessed mixed.
Crude oil price is weak.
Polyamide 6 and its chain areweak.
Acrylonitrile is steady.
PET Bottle grade export 815/890 $/ton – PET Bottle grade domestic market 6,900/7,00y uan/ton – PET Filament grade SD domestic market 6,550/6,700 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 4,350/4,450 yuan/ton – PX Korea 765/775 $/ton
Polyester POY 150D/48F domestic market 7,600/7,700 yuan/ton – Polyester DTY 150D/48F domestic market8,950/9,050 yuan/ton – Polyester Staple PSF domestic market 7,050/7,200 yuan/ton
Chinese manufacturers of titanium dioxide (TiO2) have announced price increases for both domestic and export markets, which will be produced in August, ICIS reports citing market sources.
Due to the upward sentiment in the international market, the difference between export prices from China and the contract prices of other international manufacturers has become more noticeable.
Crude Oil Prices Trend
European nylon 6,6 contract prices for July have settled at decreases of €0.05/kg on the back of persistent low demand in the downstream automotive sector.
Contract prices have fallen for the third consecutive month.
Summer market activity remains quiet and some buyers skipped negotiations for July volumes due to high stock levels.
The price range for nylon 6,6 virgin polymer stands at €4.13-4.27/kg FD (free delivered) NWE (northwest Europe) for July.
Supply is stable to ample, depending on the player, but concerns remain for the fourth quarter due to the Butachimie planned turnaround for key nylon 6,6 feedstock adiponitrile (ADN) in Chalampe, France. Petrochemicals Biodegradable Crude Oil
The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT on launching anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
The investigation was initiated based on requests of domestic producers on April 26. In their petitions, Hung Nghiep Formosa Ltd Company and Youl Chon Vina Plastic JSC said BOPP film products imported from the three countries were dumped in the Vietnamese market, causing significant damage to Vietnam’s BOPP film production industry.
Montefibre Carbon’s 80k aims to be the new standard for large-tow carbon fiber for industrial purposes, and the company expects its impact on the industry to be similar to the 50k tow first launched more than 20 years ago.
Montefibre’s carbon fiber precursor is produced from an exclusive polyacrylonitrile formulation (PAN), which enables a carbon fiber of high resistance, high elastic modulus, and low density, and which translates to very rigid and lightweight high performance composites. Petrochemicals Biodegradable Crude Oil
HDPE prices, down adjusted this week, in Asia. Prices declined, on the back of bearish upstream crude and naphtha values, coupled with poor regional buying trends. Reports of sufficient product availability, further pressured prices lower in the region.
In Far East Asia, HDPE film prices were assessed lower, at the USD 960/mt levels, a fall of USD 20/mt from the last week. HDPE blow moulding prices, were assessed down at the USD 940/mt levels, a week on week decline of USD 10/mt. HDPE injection prices, were assessed at the USD 875/mt levels, a tumble of USD 40/mt on the week. HDPE yarn prices, were assessed lower, at the USD 945/mt levels, a sharp week on week fall of USD 25/mt.
It is the latest environmental craze. Around the world a raft of new canned water products have been launched in an attempt to offer a greener alternative to the environmentally vilified plastic water bottle. Petrochemicals Biodegradable Crude Oil
They have also found a ready audience. As awareness has spread of the devastating ecological impact of single-use plastics, environmentally conscious consumers and Blue Planet fans have increasingly turned to alternative materials such as aluminium, glass, and cartons when buying bottled water. But are alternative forms of packaging really any greener than the plastic bottles they aspire to replace?
PolyOne (Avon Lake, OH) has launched ColorMatrix Excelite IM chemical foaming additives (CFAs) formulated specifically for injection molding applications.
Described as a complement to its liquid Excelite CFA portfolio for extrusion, the new Excelite IM CFAs are engineered for a range of injection molded polymers, including olefins, PVC, polystyrene, PC/ABS and high-heat materials. Petrochemicals Biodegradable Crude Oil
Russia’s Deputy Prime Minister Dmitry Kozak is responsible for the development of technical textile sector in the Russian government.
The Russian technical textiles industry may receive an additional impetus for growth this year, thanks to the recently announced government plans to ease the existing restrictions on global producers taking part in public tenders for the purchase of innovative textile products for state needs.
These plans have been recently confirmed by Russia’s Deputy Prime Minister Dmitry Kozak, responsible for the development of the technical textiles sector.
According to Mr Kozak, he has already instructed the national government to create conditions for the better access of foreign producers of innovative textile products on public procurements in Russia. Petrochemicals Biodegradable Crude Oil
Spanish thermoformed packaging converter Coexpan has inaugurated a new plant in Kotovo, Moscow, as the company ramps up its barrier material extrusion technology in Russia. Petrochemicals Biodegradable Crude Oil
Coexpan Extekh’s plant was previously located in Kola and has a portfolio of coextruded rigid sheets including PP, barrier PP, PS, barrier PS, and PLA-based products for use in form, fill and seal (FFS) machines.
The company plans to add thermoforming technology to the 10,000 sq m site in the coming months to further diversify its range. Petrochemicals Biodegradable Crude Oil
Packaging specialist Klöckner Pentaplast has announced it is taking part in a unique four-year collaboration project to recover plastics from general domestic waste collections.
The first of its kind, this unique project is being trialled in Pravia, Spain, and is designed to recover plastics from domestic general waste collections – upon its success it could be rolled out nationwide.
CEUS – ‘Circular Economy for Urban Plastic Waste’ – has been established with a number of stakeholders working to avoid plastics from domestic collections ending up in landfill that could otherwise be recycled.
Going circular seems to be all the rage, and that is certainly a good thing for both mankind’s and the planet’s future. But for a manufacturer, making the shift to circular processes or materials is not without its risks.
Perhaps few companies know that better than Eastman, the specialty chemical company, ranked No. 32 globally for sales in that sector. Back in the 1990s, Eastman made a major investment to develop a commercial line of PET materials that used 50 percent chemically recycled content. That effort was ahead of its time, and the line was discontinued because the demand never materialized.
Now, sensing the shifting winds, Eastman is back with not one, but two new circular production processes.
We all are witnessing round the clock changes in all the aspects of our life. The industrial world is also well come the new technologies.
In the last decade, numerous advanced technologies are invented which are actually helping several industries and making their business fast and profitable. Plastic molding process is one of such technology and in this particular blog we are going to discuss interesting facts about the plastic molding technologies which have numerous applications in the modern industrial world.
When the sun rises over the horizon in the southern Indian village of Kuthenkuly, Jesuraja and his fellow fishermen prepare to set off for a new day at sea.
But they are not looking for fish – they are searching for abandoned fishing nets floating in the Indian Ocean.
Also known as “ghost nets”, this often nylon plastic netting has caused serious environmental damage. It entangles marine life and degrades into microplastics that are eaten by fish, entering the food chain. It also snags boat propellers and damages engines.
Klöckner Pentaplast (kp) has announced it is taking part in a four-year collaboration project to recover plastics from general domestic waste collections.
The first of its kind, this unique project is being trialled in Pravia, Spain and is designed to recover plastics from domestic general waste collections – upon its success it could be rolled out nationwide.
The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue.
It increased by 1.2% in the first half of 2019 and amounted to EUR 1.09 billion. The share of specialty fibres in revenue, at 48.4%, significantly exceeded the prior-year value of 44.1%. EBITDA (earnings before interest, tax, depreciation and amortization) dropped by 7% to EUR 181.2 million. This decline primarily resulted from higher production volumes and currency effects, which led to an increase in pulp costs, from an increase in personnel expenses and the market environment for standard viscose. Petrochemicals Biodegradable Crude Oil
Top Clariant pigment expert sums up color compatibility with the plastics circular economy with a focus on packaging.
As is the case with other materials and additives suppliers on which I report on in a K 2019 preview article in our upcoming September issue, Clariant is sharing its views on some of the issues facing the plastics industry as it embraces the ‘Circular Economy.’
Sri Lanka will soon ban colored plastic water bottles and plastic wrappers on drinking water bottles in order to protect the environment
Sri Lanka will soon ban colored plastic water bottles and plastic wrappers on drinking water bottles in order to protect the environment, State Minister of Mahaweli Development and Environment, Ajith Mannapperuma said in a statement here Tuesday.
Unifi, Inc., one of the world’s leading innovators in recycled and synthetic yarns, continues its support as an official recycling partner of the 80th annual Wyndham Championship.
The Wyndham Championship and Unifi are promoting the important role recycling and sustainability play in protecting the environment.Petrochemicals Biodegradable Crude Oil
Plastic bottles from last year’s championship were transported to Unifi’s bottle processing center in Reidsville, and transformed into REPREVE recycled fibers at its Yadkinville plant.
Every day, dairies dispose of milk that for one reason or another is deemed unfit for human consumption. A Los Angeles-based startup by the name of Mi Terro is taking some of that milk and using it to create T-shirts, that reportedly have some big advantages over regular cotton Tees.
The process starts by obtaining waste milk that gets fermented and then skimmed, removing its fat content. It is subsequently dewatered, resulting in a powdered milk that gets purified to remove all substances other than a naturally-occurring protein known as casein.Petrochemicals Biodegradable Crude Oil
As Magna International prepares its business for tomorrow, it’s been forced to reckon with challenges that threaten the bottom line today.
This year, it scrambled to move wire harness production from China to Thailand after the Trump administration slapped 25 percent tariffs on Chinese goods.
And company officials say they’ve been forced to consider moving production of other components.Petrochemicals Biodegradable Crude Oil