Petrochemicals Enzymes CrudeOil RPET 19-06-2020

Petrochemicals Enzymes CrudeOil RPET

-Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Messe Frankfurt France forgoes September 2020 textile shows, blaming ‘lack of information’ from authorities

Messe Frankfurt France has announced it is to forgo the September 2020 edition of its co-locating textile cluster of tradeshows: Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris.

The organiser says it took the decision due to “lack of information on health requirements from the authorities for the major international events planned for September, as well as possible travel restrictions for international visitors”. The resultant situation, it said, called for caution.

“A survey conducted amongst loyal textile and clothing buyers indicates that most of them are not yet ready to travel.

Serious consideration of all these issues and the lack of guarantees that this major event can be organised under good conditions has forced us to take this decision.

A difficult decision, but one that is responsible to our visitors, exhibitors and partners,” said Frédéric Bougeard, President of Messe Frankfurt France.

Petrochemicals Enzymes CrudeOil RPET

-Concern over “misguided interpretation” of EU Single Use Plastics Directive

Circular Economy, Collection and Transport, Environment and Energy, Legislation and Regulation, Policy and Strategy, Resource Management, Sustainability, Treatment and Recovery  Petrochemicals Enzymes CrudeOil RPET

European Environmental NGOs have expressed concern about ongoing discussions on the implementation of the separate collection of single-use plastic bottles as regulated by the EU Single Use Plastics Directive (SUPD).

The Directive requires member states to ensure that 90% of plastic bottles are collected as a “separate waste stream” by 2029 at the latest.

In Austria and the Czech Republic, however, there are now discussions suggesting that this separate collection target could be met by including bottles from post-sorted residual waste, according to the NGOs.

Deutsche Umwelthilfe (Environmental Action Germany, DUH) and the Rethink Plastic alliance (RPa), both members of the global Break Free from Plastic (BFFP) movement, warn that “misguided interpretation” of the SUPD could “dramatically undermine” its main objectives – which is to reduce pollution from single-use plastic and support the transition towards a circular economy.

Petrochemicals Enzymes CrudeOil RPET

-Malaysia’s Pengerang to defer polymer start-up

Malaysia’s Pengerang Refining and Petrochemicals (PRefChem) is expected by market participants to defer to this year’s fourth quarter the start-up of its polymers units previously targeted in August. Petrochemicals Enzymes CrudeOil RPET

The joint venture between Malaysia’s state-owned Petronas and Saudi Arabia’s Saudi Aramco can produce up to 350,000 t/yr of linear low-density polyethylene, 400,000 t/yr of high-density polyethylene and 900,000 t/yr polypropylene.

The return of PRefChem polymers production was expected to increase the availability of duty-free polymers supplies in Asia.

Petrochemicals Enzymes CrudeOil RPET

-European PE demand cools as negative data weighs on global economy, debt levels crimp dealmaking

European demand for polyethylene has begun to cool down from levels seen earlier in the second quarter despite still healthy demand for food and pharmaceutical packaging, according to sources, as converters no longer require emergency resin stock replenishment, whilst concerns over high debt levels are stifling deals.

Sources said an increase in the cost of credit insurance was limiting demand, as the risk from high debt levels increased in some countries. Sources in Europe said this was a particular issue for industrial plastics manufacturers globally who are exposed to sectors hit by weak demand since the start of the coronavirus pandemic, such as the automotive and construction segments.

Petrochemicals Enzymes CrudeOil RPET

-Life cycle assessment (LCA) for ChemCyclingTM

At the end of life of a plastic product, it is necessary to select the method of recovery with the best performance by means of a scientific life cycle assessment. For plastics where there are large volumes of single-stream waste arising without significant impurities, such as PET from water bottles, mechanical recycling has a smaller carbon footprint than chemical recycling. Petrochemicals Enzymes CrudeOil RPET

However, especially with mixed and contaminated plastics it may be impossible or very inefficient to recycle them mechanically. This means that they are most likely incinerated, and the resulting energy is used to generate steam or electricity. In this case, chemical recycling is the better option. Chemical recycling complements mechanical recycling and can be a more sustainable solution than incineration or landfill of plastic waste. It thus contributes to a circular economy and the responsible use of resources.

An LCA study conducted by Sphera for BASF, which was reviewed by three independent experts, comes to the clear conclusion that chemical recycling (pyrolysis) of mixed plastic waste emits 50% less CO2 than incineration of mixed plastic waste.

Petrochemicals Enzymes CrudeOil RPET

Bottles are better in bag form (from Hasan Tepe CEO at Tepar Filament Yarns Corp )  Petrochemicals Enzymes CrudeOil RPET

-Neste and Jokey collaborate to develop the market for rigid packaging from renewable and recycled materials

Neste and Jokey, a leading international manufacturer of rigid plastic packaging, have started collaborating with a target to develop the market for rigid packaging from sustainable renewable and recycled materials for food and non-food applications.

By promoting the use of more sustainable materials in packaging, such as those produced with Neste’s hiqh-quality drop-in hydrocarbons produced from renewable and recycled raw materials, the partners wish to help other companies using such rigid plastic packaging to meet their materials-related sustainability targets.

The joint aim of Neste and Jokey is to work towards a future with an increasing share of renewable and recycled materials and a plastics economy built upon solid circular value chains. Petrochemicals Enzymes CrudeOil RPET

Jokey produces rigid plastic packaging, such as buckets, boxes and trays, which are up to 100% recyclable. Jokey packaging for food and non-food goods stands for the highest level of quality, hygiene, ease of use and innovation. Neste’s product for plastics production consists of renewable and recycled components derived from biomass, such as various waste and residue oils and fats, as well as chemically recycled plastic waste. It is very well suited for high-quality rigid packaging applications.

Neste and Jokey collaborate to develop the market for rigid packaging from renewable and recycled materials

-Coronavirus, oil price crash – impact on chemicals

The economic collapse caused by the coronavirus pandemic and the government investment programmes to galvanise recovery offer a “once in a lifetime” opportunity for policymakers to push global greenhouse gas emissions into decline, the executive director of the International Energy Agency (IEA) said on Thursday.

South Africa’s Sasol hasraised its debt ceiling with lenders, plans toabandon oil activities in West Africa and cutjobs as the troubled company refocuses onspecialty chemicals, gas and renewables.  Petrochemicals Enzymes CrudeOil RPET

Polyestertime : Chemicals and covid-19

-DOMO to close BOPA production plant in Leuna

DOMO Chemicals has announced plans to stop and close its third line of Biaxally Oriented PA films (BOPA) from DOMO in Leuna (Germany), effective from August 2020.

Affected employees have been informed and other operations at the Leuna plant will not be impacted by the move. The difficult decision was reached as a result of global overcapacity for nylon films. Petrochemicals Enzymes CrudeOil RPET

Attilio Annoni, Managing Director at DFS states: “In these extraordinary circumstances of high business volatility, we have opted to continue to focus on quality and flexibility through cautious and smart asset management, rather than reacting with short-term volume strategies.”

DOMO to close BOPA production plant in Leuna

-Oerlikon Barmag commissions polycondensation system

The Oerlikon Barmag Huitong Engineering joint venture, part of the Oerlikon Manmade Fibers segment, has recently commissioned a polycondensation system which feeds a polyester industrial yarn system. The future operator will be industrial yarn manufacturer Jiangsu Solead New Material Group. This successfully concludes the first phase of this major project. Petrochemicals Enzymes CrudeOil RPET

Jiangsu Solead New Material Group has placed its trust in the Oerlikon Manmade Fibers ‘From Melt to Yarn’ total solution philosophy.

Oerlikon Barmag Huitong Engineering installed the polycondensation system, which has a capacity of 600 tons a day, at Jiangsu Solead New Material Group Co Ltd in the Chinese Jiangsu Province.

Oerlikon Barmag commissions polycondensation system

Petrochemicals Enzymes CrudeOil RPET

Petrochemicals Enzymes CrudeOil Fabric 18-06-2020

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