Petrochemicals Biodegradable Ethanol 12-08-2019

Petrochemicals Biodegradable Ethanol

Polyolefins Petrochemical Polymers Ny66 Prices

Petrochemicals Biodegradable Ethanol

-Crude Oil Prices Trend

Crude Oil Prices Trend

-LFW Winter/ Festive ‘19: Abraham & Thakore will launch a collection made with Lenzing Ecovero

Abraham & Thakore are all set to launch Lenzing™ EcoveroTM at Lakmé Fashion Week (LFW) Winter/Festive 2019. The launch is part of LFW’s Sustainable Fashion Day. The designer duo will showcase a line of Kurta’s that use the  Lenzing™ EcoveroTM  fabric which is a sustainable viscose fibre.

The collection, which will be unveiled in the final show on Day 2 of the 6-day event, will be a display of kurtas taking inspiration from traditional carving and printing methods.

LFW Winter/ Festive ‘19: Abraham & Thakore will launch a collection made with Lenzing Ecovero

-Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts

The shifting balance of power in the oil world is showing up in a new indicator: central bank reserves.

For the first time in eight years, the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s, highlighting the Kremlin’s leverage in talks between major oil producers about how much to reduce production.

While Saudi Arabia has been draining its reserves to cover social spending amid low oil prices, Russia has tightened its budget and is running a surplus amid fears of new sanctions. With Russia increasingly the deciding voice in discussions with the Organization of Petroleum Exporting Countries, the financial divergence is the latest sign of the changing fortunes between the big oil players. Petrochemicals Biodegradable Ethanol 

Petrochemicals Biodegradable Ethanol

-Plastic, plastic everywhere but not for African recyclers

A sea of crumpled bottles spills across the courtyard of Lucy Luo Minghui’s new $44 million plastic recycling factory in Nairobi, where plastic waste litters roadsides and clogs rivers. Yet, she can’t get enough to sustain her business.

Her Weeco facility, which opened in April, is one of a slew of regional initiatives to tackle the world’s spiralling plastic waste crisis. Almost all are caught up in a standoff between consumer companies and governments over how to collect it.

Minghui hoped to use the global glut in plastic waste to create low cost textile fibres from plastic bottles. Prices for used bottles nosedived after China barred the import of low-grade plastic waste in 2017.

But she cannot get anything close to the 2,000 tonnes of plastic she wants to recycle each month. “In a month we’ve collected just 650 tonnes,” Minghui told Reuters.

Plastic, plastic everywhere but not for African recyclers

-How Europe is working to solve the plastic waste problem – and Hong Kong can, too

Carmen Cano outlines a new EU strategy involving making recycling profitable, limiting use of non-recyclable plastics, stopping littering at sea and promoting R&D, to keep plastics out of our waters and bodies

Every year, Europeans generate 25 million tonnes of plastic waste, but less than 30 per cent is collected for recycling. Microplastics are now found in our lungs, air and dinner tables, and damage our health without us even noticing. We need to address this and that is the objective of the new European Union Plastics Strategy.

The strategy on plastics is part of the EU’s transition towards a more circular economy. It will transform the way products are designed, produced, used and recycled in the EU. Now plastics are produced, used and discarded without the economic benefits of a circular approach. This mistake harms the environment.Petrochemicals Biodegradable Ethanol 

Petrochemicals Biodegradable Ethanol

-Agr’s new in-the-blowmolder vision inspection system for PET bottles to be the focus for Pack Expo 2019, booth 6538

August 08, 2019 | Blow Moulding & Coating | Agr International | Butler, PA | United States

Pilot Vision+™, Agr’s latest and most powerful in-the-blowmolder vision system will be featured at the upcoming Pack Expo show in Las Vegas.  This system is uniquely positioned for the quality management of bottles with high percentages of rPET. Designed to work in conjunction with today’s high speed reheat stretch blowmolding equipment, the Pilot Vision+ system offers a modular approach to defect detection that works within the blowmolder.

Petrochemicals Biodegradable Ethanol

-View: Gloom over oil demand will only get worse

More output cuts, which seems unlikely, will do nothing to stimulate global oil demand.

As I warned last week, oil demand growth is drying up and it’s not over yet. Two of the major oil agencies have just cut their forecasts for incremental demand this year, but they haven’t gone far enough.

The revisions to full-year oil demand growth by the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA) were almost small enough to be shrugged off. The real worry is in the detail. Petrochemicals Biodegradable Ethanol 

Petrochemicals Biodegradable Ethanol

-Opec mulls further output cuts to support oil prices

Oil prices saw another weekly loss as US-China trade tensions continues to hurt markets

Further output cuts by Opec could be in the offing in the face of weekly slides in oil prices as a result of US-China trade tensions, analysts said.

Oil prices saw another overall fall in prices last week, with Brent closing at $58.53 and West Texas Intermediate on $54.50, down 5.4 per cent and 2 per cent respectively. The downward trend in prices saw reports emerging saying that Saudi Arabia was contacting other Opec producers to discuss how to stop the slide in prices, with Friday’s oil prices going up slightly on speculation of a possible new round in output cuts.

Opec mulls further output cuts to support oil prices Oil prices saw another weekly loss as US-China trade tensions continues to

-TESTEX comes up with ‘UV Standard 801’ for textiles

Testex, a member of International Testing Association for Applied UV Protection, has come up with world’s strictest testing & certification system for clothing and shading textiles known as ‘UV Standard 801’. The standard is identified with a label on the textile and is well suited for fabrics, any type of clothing, shoes, etc, that protects from UV radiation.

The textile industry, in collaboration with the fashion sector, has offered clothing with UV protection for many years. The textiles achieve UV protection factors which are much more effective than the strongest sun creams. Only clothing with the label ‘UV Standard 801’ has been tested in wet, stretched and used conditions during the testing process.

Petrochemicals Biodegradable Ethanol

-Soft Plastic Recycling Scheme ready for more regulation

The Government’s announcement to move towards co-designed and regulated product stewardship for single-use plastic packaging acknowledges the work of the existing voluntary Soft Plastics Recycling scheme.

The Packaging Forum set up soft plastics collections in 2015 and the soft plastic recycling scheme received accreditation as a voluntary product stewardship scheme under the Waste Minimisation Act in March 2018.Petrochemicals Biodegradable Ethanol 

-Soft Plastic Recycling Scheme ready for more regulation

-PepsiCo and Coca-Cola withdraw from Plastics Industry Association

Beverage giants PepsiCo and Coca-Cola have withdrawn their support for the Plastics Industry Association (PIA). The news follows intense pressure from environmental groups such as Greenpeace and a damning report by online news site, The Intercept.

According to Greenpeace’s Perry Wheeler, PIA has “advocated against plastics bans nationwide. Earlier this year, Greenpeace highlighted the role that the plastics industry and front groups like the American Legislative Exchange Council (ALEC) have played in pushing preemption bills meant to ‘ban plastics bans’ and undermine statewide progress on plastics pollution.”

PepsiCo and Coca-Cola withdraw from Plastics Industry Association Beverage giants PepsiCo and Coca-Cola have withdrawn their support for the P

-Malaysia launches new car project to jumpstart high-tech growth

KUALA LUMPUR (Reuters) – Malaysia launched a new mass market car project on Friday, as it looks to boost development and adoption of high technology in a renewed industrial push by Prime Minister Mahathir Mohamad.

Southeast Asia’s third-largest economy is spurring industry to embrace technology so as to increase productivity and counter growing external risks from an escalating trade war between the United States and China. Petrochemicals Biodegradable Ethanol 

-Ineos breaks ground on new Texas styrenics plant

The new acrylonitrile styrene acrylate plant is expected to be operational by 2021.

Germany-based styrenics supplier Ineos Styrolution has broken ground on its new 100tk ASA (acrylonitrile styrene acrylate) plant in Bayport, Texas.

In a statement, Ineos described the new site as part of a “bigger expansion plan for the Americas”, which includes increased ABS capacity at the Altamira site in Mexico, while transition the ASA production to the new site in Bayport.

-Ineos breaks ground on new Texas styrenics plant

-Polyethylene Terephthalate Market : Players to Win High Profit Margins with 100% Recyclable PET Packaging

The global polyethylene terephthalate (PET) market has been predicted by Transparency Market Research (TMR) to bear a significantly fragmented characteristic due to the presence of several industry players. According to a market research publication penned by TMR, five companies, viz. DAK Americas, Octal, Jiangsu Sanfangxiang, M&G Chemicals, and Indorama Ventures, had secured an aggregate approximate share of only 39.0% in the recent 2015. In the next few years, the market could testify an intense level of competition due the enormous count of PET resin suppliers and low switching expenses.

Polyethylene Terephthalate Market : Players to Win High Profit Margins with 100% Recyclable PET Packaging

-New Packaging Technologies That Promote Sustainability and Food Safety

From carrying food in from the field, to shipping processed products, to assembling a supermarket display, packaging matters. So, as a follow-up to our exploration of emerging trends in food packaging, we’re taking a look at several innovative technologies that could change the future of packaging. Petrochemicals Biodegradable Ethanol 

The search for sustainability

More than half of consumers say that environmental sustainability is at least somewhat important to their purchasing decisions, and 41% of those shoppers look for recyclable packaging. To benefit the environment and ultimately please consumers with sustainability practices, food brands, startups, and researchers are discovering new ways to package products with recyclable, reusable, or biodegradable materials.

-New Packaging Technologies That Promote Sustainability and Food Safety

-Only 12% of plastic waste is recycled

AAP FactCheck Investigation: Is only 12 per cent of plastic waste recycled in Australia?

Prime Minister Scott Morrison was seeking agreement from state governments on plastic recycling at the first post-election Council of Australian Governments (COAG) meeting on Friday, August 9. Mr Morrison labelled Australia’s record on recycling “appalling” and said the current situation was “breaking the faith” with Australians who were doing the right thing.

AAP FactCheck examined Mr Morrison’s claim that only 12 per cent of Australia’s waste plastic was recycled.

The national recycling industry has been under pressure since 2018, when China, the biggest importer of recyclable waste from Australia, placed stringent restrictions on waste imports, effectively closing the door to a large proportion of Australian recycling exports.

Only 12% of plastic waste is recycled AAP FactCheck Investigation: Is only 12 per cen

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