Petrochemicals Biodegradable Film BOPP 22-08-2019

Petrochemicals Biodegradable Film BOPP

China – Polyethylene Terephthalate

PET and it’s chain are weak.

Crude oil price is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 810/875 $/ton PET Bottle grade domestic market 6,700/6,800 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,800 yuan/ton

PTA Taiwan 690/700 $/ton PTA domestic market 5,150/5,250 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,600 yuan/tonPX Korea 765/775 $/ton

Polyester POY 150D/48F  domestic market 7,700/7,800  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,200/7,300 yuan/ton

Petrochemicals Biodegradable Film BOPP

Crude Oil Prices Trend

Crude Oil Prices Trend

-Bottles made with 100 per cent rPET on the rise

Mineral water bottles can be made entirely of rPET, as demonstrated by Vöslauer. With a more than 40 per cent share of the market, Vöslauer is Austria’s number one mineral water.

Sustainability is an integral part of the family-owned enterprise’s corporate philosophy and strategy.

Vöslauer requires the packaging and bottles for its natural mineral water to be resource-efficient, sustainable, as light as possible and suitable for daily use.

It aspires to being the industry’s innovative and pioneering sustainability driver.

Petrochemicals Biodegradable Film BOPP

-Russia’s slow embrace of recycled plastics

Russia’s slow embrace of recycled plastics Russia is slowly embracing the idea of recycled plastics.

Russian companies have begun to embrace the environmental, social and governance (ESG) metrics because exchanges (where companies are presented), their investors and customers are demanding it. That’s because the public are demanding it and in the increasingly competitive asset management business fund managers can’t afford to ignore the voices of activists like Stockholm’s 16-year-old Greta Thunberg. Her voice, and the voices of like-minded retail investors are now reaching into the snowy wilds of Siberia and changing the way businesses around the world are being run. Investors no long just demand a decent return on their money, they are demanding sustainable investments too. Petrochemicals Biodegradable Film BOPP

Petrochemicals Biodegradable Film BOPP

-Europe benzene spot at fresh 2019-high, near 13% rise in August so far

European benzene spot prices have reached a fresh 2019-high as bids rose to $840/tonne on Wednesday around midday, in a market that is almost devoid of offers.

A notional offer level at $850/tonne brings the midpoint to $845/tonne, the highest price in 10 months, in line with levels in October 2018.

Forward-month pricing is bullish, but remains backwardated with a premium on volume for the first 10 days of September versus the first half of the month; and firmer values in H1 September compared with any September.

Petrochemicals Biodegradable Film BOPP

-China polyester output declines in Aug; to stay capped in Sept

China’s polyester output is expected to be lower in August from the previous month, with plant operating rates in September likely to remain capped by increased uncertainty over the US-China trade spat. Petrochemicals Biodegradable Film BOPP

August average operating rate of domestic polyester plants to date stands at 84.4%, down from July’s full-month average of 86.4%, according to ICIS data.

Polyester production in the country began to slow down in July amid lacklustre downstream sales and growing concerns over possible US tariffs on downstream products such as garments, apparels and shoes.

Petrochemicals Biodegradable Film BOPP

-SK Innovation developing EV battery recycling technology

SK Innovation Co., a major electric vehicle (EV) battery maker in South Korea, said Tuesday it plans complete the development of a battery recycling technology by the end of this year to beef up its competitiveness in the industry.

SK Innovation said it is working to find solutions to recover lithium hydroxide, a key cathode material, from used lithium-ion batteries, with related technology probably available for commercial use next year.

“It’ll be the world’s first to recover highly concentrated lithium hydroxide from the used batteries,” a company spokesman said.Petrochemicals Biodegradable Film BOPP

SK Innovation developing EV battery recycling technology

-Bio-Techne presents at Baird 2019 Conference

Bio-Techne’s chief Executive officer and president Chuck Kummeth will present at the Baird 2019 Global Healthcare Conference in New York.

Bio Techne is a developer and manufacturer of high quality purified proteins and reagent solutions. It also develops and manufactures diagnostic products including calibrators, blood gas and clinical chemistry controls as well as FAD regulated controls for OEM and clinical customers. All of Bio-Techne’s products are integral components of scientific investigation into biological processes and molecular diagnostics, and they also aid the drug discovery efforts and provide accurate clinical tests and diagnoses.

Petrochemicals Biodegradable Film BOPP

-Furandicarboxylic Acid (FDCA) Market Insights, Future Trends And Top Key-Players 2026| Kaiyue, Avantium Technologies, Satachem, Synbias

The latest market evaluation report on Furandicarboxylic Acid (FDCA) market explores how the Furandicarboxylic Acid (FDCA) market will continue to expand for the forecast period 2019 – 2026. The study further serves as a unique research for stakeholders, product owners, and field marketing executives looking for actionable data and unique resource on market size, share, and growth. Petrochemicals Biodegradable Film BOPP

The Furandicarboxylic Acid (FDCA) market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2026, with a CAGR of x.x% during 2019-2026.

Petrochemicals Biodegradable Film BOPP

-Avantium plans to open bio-MEG demo plant in November.

“Avantium will scale from lab to a size that mimics the conditions at a commercial-scale plant.”

Dutch renewable chemicals company Avantium Renewable Polymers has said that it is expecting to open its bio-based mono-ethylene glycol (MEG) demonstration plant in November in the Netherlands.

The company, formerly known as Synvina, made the announcement in its 2019 half-year results which was published on 20 August. Petrochemicals Biodegradable Film BOPP

Avantium plans to open bio-MEG demo plant in November.

Petrochemicals Biodegradable Film BOPET 21-08-2019

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