Petrochemicals Bioplastic Cellulose Fibres 09-01-2020

Petrochemicals Bioplastic Cellulose Fibres

-Crude Oil Prices Trend

Crude Oil Prices Trend

-Pet prices in Latin America are stable

Prices for polyethylene terephthalate (PET) in most Latin American countries

remain unchanged in January, despite rising prices in Asia, ICIS reports .

The offer remains extensive, as the markets in the region are weak against the backdrop of the New Year holidays.

Volatility is mainly due to a wide range of prices in the regions, which depend on imports mainly from Mexico and Asia. Petrochemicals Bioplastic Cellulose Fibres

Since December, there has been a growing Asian price trend for raw materials, which slowly raises PET prices and led to an increase in prices by USD10-30 per ton last week. This trend may ultimately affect prices in Latin America.

Petrochemicals Bioplastic Cellulose Fibres

-Oil prices shed gains as alarm over Iran rocket strike fades – for now

Brent oil futures fell today from a four-month peak hit in frenzied early trading after a rocket attack by Iran on US forces in Iraq appeared to have no impact on oil infrastructure or crude flows.

Tweets by US President Donald Trump and Iran’s foreign minister also seemed to signal a period of calm – for now.Petrochemicals Bioplastic Cellulose Fibres

Analysts said oil markets remained focused on the targets in today’s attack being military, rather than oil industry facilities.

Petrochemicals Bioplastic Cellulose Fibres

-US December IPEX down nearly 3% on sharply lower ethylene, PE prices

Lower olefins and polymers prices pushed the US IPEX down in December by 2.66%, helping to lower the global index value by 0.45% to 204.66.

The US index was down 2.66% month on month at 194.48.

US ethylene and polyethylene (PE) prices for December were under pressure from increased available supply. Petrochemicals Bioplastic Cellulose Fibres

Spot ethylene prices fell steadily in November and December, compared with September and October, highs that had been driven by production issues.

Cracker start ups and rate increases lifted supply towards the year end.

Petrochemicals Bioplastic Cellulose Fibres

-Biomaterials company to invest €9m into bioplastics

Stora Enso is investing €9m to build an experimental plant for enabling the production of biobased plastics as barrier in transparent packaging.

This pilot plant will transform plant-based sugars into the renewable building block required to make PEF, a biobased plastic, mainly targeting the food and beverage industry. Petrochemicals Bioplastic Cellulose Fibres

“Biobased materials are of rapidly growing interest in the packaging world as companies look for sustainable packaging materials with high performance,” says Markus Mannström, Executive Vice President of Stora Enso‘s Biomaterials division.

Petrochemicals Bioplastic Cellulose Fibres

-What really happens to plastic drink bottles you toss in your recycling bin

They’re usually turned into carpets and pillows, but 100% recycled bottles do exist

The infinite triangular loop of arrows that we know as the recycling symbol adorns millions of plastic pop and water bottles we carefully sort in the blue bin. It comforts us with the idea that each one will be recycled over and over again forever.

But unfortunately, most of the time, it’s a lie.Petrochemicals Bioplastic Cellulose Fibres

Many bottles aren’t recycled at all, and those that do get recycled usually aren’t turned into other bottles or recycled again after that.

Petrochemicals Bioplastic Cellulose Fibres

-Kickstart: Things you expect at CES and a few things you don’t

Adac Automotive is a top injection molder in North America landing at No. 42 on Plastics News ranking of injection molders.Petrochemicals Bioplastic Cellulose Fibres

It’s also an example of how old school molding is meeting the electronics future as its new JV, Radac Automotive, marries its ability to make parts like exterior mirror housings to partner Ainstein Inc.’s radar technology to develop and sell radar-sensing products for the auto industry.

Petrochemicals Bioplastic Cellulose Fibres

-SOCAR Turkey is a strategic partner of Azerbaijan and Turkey

The rapid development of relations between Azerbaijan and Turkey has become the driving force of regional progress and stability. The bonds of friendship, originating from the depths of history, trust and all-round connections originate from common roots, common cultural and religious values.Petrochemicals Bioplastic Cellulose Fibres

The Azerbaijani-Turkish relations that have no analogues in the world, which the National Leader Heydar Aliyev defined as “one nation, two states”, have moved to a new level. These relations are an important factor in the development and strengthening of relations not only between the two fraternal countries, but also of the entire Turkic world.

SOCAR Turkey is a strategic partner of Azerbaijan and Turkey

-Taiwan firms see risks, benefits from trade war

Textile exporters of Taiwan have welcomed a US ruling on dumping of polyester textured yarn by Chinese and Indian companies, but those operating in Vietnam see risks instead of new business opportunities as a result of the US-China trade war.

As Taiwanese textile exporters welcomed a November 2019 US ruling that is expected to benefit them, the past year witnessed Taiwanese firms operating in Vietnam foreseeing risks instead of new business opportunities while State-run oil supplier CPC Corp opened an office in New Delhi as part of its plans to set up a plant in India and forge ties with the petrochemicals industry there.Petrochemicals Bioplastic Cellulose Fibres

Taiwan firms see risks, benefits from trade war

-Green aspects top Heimtextil’s agenda again

At Heimtextil 2020, the world’s largest trade fair for home and contract textiles, green aspects are at the top of the fair’s agenda for the tenth time. With its range of measures, currently Heimtextil is promoting the industry’s commitment to sustainability and giving green pioneers a platform at Frankfurt, Germany. The fair will go on till January 10.Petrochemicals Bioplastic Cellulose Fibres

The tenth edition of the Green Directory, the exhibitor directory for sustainable producers, is supposed to include more pioneers and newcomers than ever before with 259 companies.

Green aspects top Heimtextil's agenda again

-Ever greener beauty: Italy bans microplastics in cosmetics

Green beauty: Italy bans microplastics in cosmetics. From 1 January 2020, beauty products in Italy will be more ecological

Italy inaugurated 2020 with a major environmental revolution: the farewell to microplastics in cosmetics, which became law following the entry into force, on January 1, of the 2018 Budget Law which provides for the ban on marketing.

A green change that the Belpaese began already last year, when it won the first place in the world ranking of countries to have ordered the ban on the production and sale of cotton swabs with plastic supports, obliging the marketing of cotton sticks in biodegradable and compostable material.Petrochemicals Bioplastic Cellulose Fibres

There are now many products sold on the market that contain them. These are small plastic particles which, although small in size ranging from 330 micrometers to 5 millimeters, are highly harmful not only for the environment and for animals, which mistaking them for food ingest them, but also for humans who they feed on it.

Ever greener beauty: Italy bans microplastics in cosmetics

-High heat polyester compounds offer alternative to PA in auto structural applications

At the recent K Show in Düsseldorf, Germany, material supplier Sabic launched of Xenoy HTX resin, a polyester-based, high-heat technology that can enable the production of light, impact resistant and high performing structural automotive applications. Xenoy products are alloys of a thermoplastic polyester (PET or PBT) and polycarbonate.

Xenoy HTX resin is especially relevant for today’s automakers, who need new polymer solutions for the production of structural components capable of withstanding higher temperatures, including those of e-coating lines operating above 180°C. Relevant applications include body-in-white components, structural reinforcements and battery protection systems for electric vehicles (EVs).Petrochemicals Bioplastic Cellulose Fibres

High heat polyester compounds offer alternative to PA in auto structural applications

Petrochemicals Bioplastic Cellulose Fibres

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