Petrochemicals CrudeOil Textile ACN 13-08-2020

Petrochemicals CrudeOil Textile ACN

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Full circle: Q and A to find out more about 100% recyclable polymer

Tom van Aken, CEO of Avantium, spoke to MPN editor Laura Hughes about PEF – a polymer which is 100% plant-based and recyclable.

Please start by telling me about the discovery and development of PEF.

There are two distinct primary problems caused by plastics. One is the growing amounts of single use plastic waste building up in the environment. The other is climate change, which has been driven by two centuries of heavy dependence on fossil fuels and feedstocks.

PEF is able to address both these problems by offering a 100% plant-based and recyclable polymer with a wide range of applications. The production of PEF from plant-based feedstocks utilises a renewable source, and a process with a significantly smaller carbon footprint than fossil-feedstock alternatives.

Petrochemicals CrudeOil Textile ACN

-US Kronos Q2 income falls on lower sales

US-based pigment producer Kronos Worldwide reported on Wednesday a decline in Q2 net income because of lower sales, said the company.

KRO logged a profit of USD18.6 million or 16 cents per share in second-quarter 2020, down from USD29.5 million or 25 cents per share in the year-ago quarter. Earnings, however, beat the Zacks Consensus Estimate of 4 cents.

The bottom line in the reported quarter was impacted by lower sales volumes, lower average titanium dioxide (TiO2) selling prices, increased raw materials and other production costs. Petrochemicals CrudeOil Textile ACN

Net sales fell 20% year over year to USD386 million, hurt by lower sales volumes and lower average TiO2 selling prices. However, the figure beat the Zacks Consensus Estimate of USD369.9 million.

Petrochemicals CrudeOil Textile ACN

-Trex cites film recycling effort as part of sustainability focus

Building products maker, long a consumer of plastic film, has boosted its discarded film collection efforts.

Winchester, Virginia-based recycled-content building products maker Trex Co. Inc. has published its 2019 Environmental, Social and Governance (ESG) Report, in conjunction with launching a new Trex ESG Hub on the Company’s website.

In the ESG report, the company says the environmental footprint of its decking products “has improved across all impact categories since [a] 2016 life cycle analysis (LCA).” Adds Trex, “This is particularly noteworthy given the increased production associated with the introduction of the new Trex Enhance decking product, sourcing more materials to support higher volume, upgrading manufacturing operations, and improving output on legacy product lines.”  Petrochemicals CrudeOil Textile ACN

Petrochemicals CrudeOil Textile ACN

 

-MEGlobal announces ACP for September up by USD30/tonne from August ACP

MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be USD620/MT CFR Asian main ports for arrival September 2020, said the company.

The September 2020 ACP reflects the short term supply/demand situation in the Asian market. Petrochemicals CrudeOil Textile ACN

The price is on a CFR (cost and freight) Asia basis.

As it was written earlier, MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be USD590/MT CFR Asian main ports for arrival August 2020. The August 2020 ACP reflects the short term supply/demand situation in the Asian market.

MEG is mainly used in the production of polyester fibres, resins and films (around 80% of global consumption), followed by use in polyethylene terephthalate (PET) resin. It is also used as automotive antifreeze.

Petrochemicals CrudeOil Textile ACN

-Indian DGTR suggests imposition of ADD on PRC PET resin

India’s commerce and industry ministry recently suggested a provisional anti-dumping duty (ADD) of USD15.54- 200.66 per metric tonne (MT) on the import of polyethylene terephthalate (PET resin) from China, said Fibre2fashion.

Reliance Industries and IVL Dhunseri Petrochem Industries Pvt Ltd had filed a complaint claiming injury resulting from the alleged dumping. Petrochemicals CrudeOil Nylon6 ACN.

“Having initiated and conducted the investigation into dumping, injury and causal link in terms of the provisions laid down under the Anti-Dumping Rules, the authority is of the view that imposition of provisional duty is required to offset dumping and injury, pending completion of the investigation,” the Directorate General of Trade Remedies (DGTR) said in its preliminary findings.Petrochemicals CrudeOil Textile ACN

Petrochemicals CrudeOil Textile ACN

-Nature MultiPackTM Instead of Film: KHS and Martens Realize Sustainable Packaging for German Food Store Chain

Press release from the issuing company

  • Omission of secondary packaging reduces plastic waste
  • Much lower CO2 emissions and energy consumption
  • Ecofriendly KHS systems established further on the market

Dortmund – The calls for environmentally-friendly packaging are growing louder. With its current project the KHS Group is again addressing precisely this issue: together with traditional Martens Brewery in Belgium the turnkey supplier has made the portfolio for a German food store chain more sustainable. Karlskrone beer is now to be sold as a film-free KHS Nature MultiPack™ of six – in redesigned 0.5-liter PET bottles made entirely of recyclate. FreshSafe PET®, the patented KHS Plasmax coating process, also provides optimum product protection and a long shelf life. With this hat trick, together with its established partners KHS is implementing its strategy of reducing packaging waste and promoting a closed recycling loop on the market. Petrochemicals CrudeOil Textile ACN

Nature MultiPackTM Instead of Film: KHS and Martens Realize Sustainable Packaging for German Food Store Chain

-Low-cost, durable catalyst for hydrogen production

Researchers from India’s Centre for Nano and Soft Matter Sciences have developed a coordination polymer-based catalyst for hydrogen production that exhibits exceptionally high durability for 70 hours at a high current density of −300 mA/ cm2.

The future of hydrogen as a fuel lies in the design of efficient electrocatalysts for electrochemical splitting of water to produce hydrogen. The commercially used Platinum (Pt)/Carbon (C) catalysts are efficient but expensive and suffer from metal ion leaching or electrocatalyst corrosion when used for long duration.

Researchers from the Centre for Nano and Soft Matter Sciences (CeNS), under the Department of Science and Technology (DST), Government of India, have developed a novel palladium-based electrocatalyst for hydrogen production that exhibits high catalytic efficiency with a low overpotential and high durability. Petrochemicals CrudeOil Textile ACN

Low-cost, durable catalyst for hydrogen production

-Smart Textile Market to See Booming Growth with Top Compnies are Intelligent Clothing, Google, International Fashion Machines, Interactive Wear and Textronics

According to the new research report published by The Insight Partners, titled “Smart textile Market – Global Analysis and Forecasts to 2027”, the global Smart textile market is expected to reach US$ 13.63 Bn in 2027, by registering a CAGR of 26.1% during the forecast period 2019-2027.

Smart textiles and interactive fabrics are used for personal health management by integrating, validating, and use of smart clothing with the integration of sensors/ actuators, processing, energy sources, and communication used for personal applications such as emergency, protection/safety, and healthcare. The sensing function is basically performed with the help of sensors integrated in the textile used for sensing the environment or stimuli, human body senses, and accordingly respond. There are various sensors integrated with the textile to sense the environment and have various advantage over the conventional sensors. Petrochemicals CrudeOil Textile ACN

Smart Textile Market to See Booming Growth with Top Compnies are Intelligent Clothing, Google, International Fashion Machines, Interactive Wear and Textronics

-New Commercial Bioplastic Breaks Down in Just 4 Years

Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox.

We all know the world has a plastic problem – one that’s only been compounded by the pandemic, where fears of germs spreading via reusable items have resulted in more single-use products and packaging. Petrochemicals CrudeOil Textile ACN

And while there has been a huge push towards recycling over the past few decades, the energy intensity and lack of overall effectiveness means plastic recycling has its drawbacks. What would be better is not using it at all.

But one company out of Japan may have a hybrid solution: NEC Corporation recently announced the commercial availability of a bioplastic that mimics plastic’s convenient qualities but breaks down in as little as four years in soil or water.

New Commercial Bioplastic Breaks Down in Just 4 Years

-Coats developing threads and engineered yarns powered by HeiQ Viroblock technology

Coats, the world’s leading industrial thread company, is partnering with HeiQ, a Swiss technology company, to incorporate HeiQ Viroblock technology into its engineered yarns.

The agreement also gives Coats exclusive global access to the technology for use in sewing threads. HeiQ Viroblock is among the first textile technologies in the world to be proven effective in laboratory testing against SARS-CoV-2, the virus from the coronavirus family that causes COVID-19. It has been shown to be 99.99% effective in 30 minutes in tests conducted with the Peter Doherty Institute for Infection and Immunity in Melbourne, Australia. Petrochemicals CrudeOil Textile ACN

Coats developing threads and engineered yarns powered by HeiQ Viroblock technology

Petrochemicals CrudeOil Textile ACN

Petrochemicals CrudeOil Nylon66 ACN 12-08-2020