Petrochemicals MEG rPET – Has Stellantis already lost the challenge with China in car batteries? 11-09-2023
Petrochemicals MEG rPET
- Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
- Feedstocks : PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
- Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF Acrylic Staple Fiber Petrochemicals MEG rPET
| Polyestertime | |||
| ITEM | 04/09/2023 | 11/09/2023 | +/- |
| Bottle grade PET chips domestic market | 7125 yuan/ton | 7,075 yuan/ton | -50 |
| Bottle grade PET chips export market | 895 $/ton | 895 $/ton | – |
| Filament grade Semidull chips domestic market | 7,000 yuan/ton | 7,060 yuan/ton | +60 |
| Filament grade Bright chips domestic market | 7,020 yuan/ton | 7,090 yuan/ton | +70 |
| Pure Terephthalic Acid PTA domestic market | 6,150 yuan/ton | 6,155 yuan/ton | +5 |
| Pure Terephthalic Acid PTA export market | 800 $/ton | 770 $/ton | -30 |
| Monoethyleneglycol MEG domestic market | 4,100 yuan/ton | 4,165 yuan/ton | +65 |
| Monoethyleneglycol MEG export market | 475 $/ton | 482 $/ton | +7 |
| Paraxylene PX FOB Taiwan market
Petrochemicals MEG rPET |
1,096 $/ton | 1,093 $/ton |
-3 |
| Paraxylene PX FOB Korea market | 1,073 $/ton | 1,070 $/ton | -3 |
| Paraxylene PX FOB EU market | 1,180 $/ton | 1,190 $/ton | +10 |
| Polyester filament POY 150D/48F domestic market | 7,725 yuan/ton | 7,900 yuan/ton |
+175 |
| Recycled Polyester filament POY domestic market | 7,540 yuan/ton | 7,650 yuan/ton | +110 |
| Polyester filament DTY 150D/48 F domestic market | 9,275 yuan/ton | 9,350 yuan/ton | +75 |
| Polyester filament FDY 68D24F
Petrochemicals MEG rPET |
8,950 yuan/ton | 9,050 yuan/ton | +100 |
| Polyester filament FDY 150D/96F domestic market | 8,350 yuan/ton | 8,475 yuan/ton | +125 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,600 yuan/ton | 7,650 yuan/ton | +50 |
| Caprolactam CPL domestic market | 12,900 yuan/ton | 13,350 yuan/ton |
+450 |
| Caprolactam CPL overseas market | 1,550 $/ton | 1,570 $/ton | +20 |
| Nylon 6 chips overseas market | 1,790 $/ton | 1,790 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 13,650 yuan/ton | 14,100 yuan/ton | +450 |
| Nylon 6 chips high speed spinning domestic market
Petrochemicals MEG rPET |
14,300 yuan/ton | 14,650 yuan/ton | +350 |
| Nylon 6.6 chips domestic market | 17,900 yuan/ton | 18,100 yuan/ton | -100 |
| Nylon6 Filament POY 86D/24F domestic market | 16,400 yuan/ton | 16,750 yuan/ton | +350 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,550 yuan/ton | 18,900 yuan/ton- | +350 |
| Nylon6 Filament FDY 70D/24F | 17,400 yuan/ton | 17,700 yuan/ton | +300 |
| Spandex 20D domestic market
Petrochemicals MEG rPET |
36,500 yuan/ton | 36,500 yuan/ton | – |
| Spandex 30D domestic market | 35,000 yuan/ton | 35,000 yuan/ton | – |
| Spandex 40D domestic market | 32,000 yuan/ton | 32,200 yuan/ton | +200 |
| Adipic Acid domestic market | 9,550 yuan/ton | 9,850 yuan/ton | +300 |
| Benzene domestic market
Petrochemicals MEG rPET |
7,950 yuan/ton | 8,500 yuan/ton | +550 |
| Benzene overseas market | 903 $/ton | 987 $/ton | +84 |
| Ethylene South East market | 860 $/ton | 865 $/ton | +5 |
| Ethylene NWE market | 735 $/ton | 774 $/ton | +39 |
| Acrylonitrile ACN domestic market
Petrochemicals PSF PET-Bottle |
9,400 yuan/ton | 9,500 yuan/ton | +100 |
| Acrylonitrile ACN overseas market | 1,200 $/ton | 1,200 $/ton | – |
| Acrylic staple fiber ASF domestic market | 13,600 yuan/ton | 14,100 yuan/ton | +500 |
| Viscose Staple Fiber VSF domestic market | 13,150 yuan/ton | 13,250 yuan/ton | +100 |
| PP Powder domestic market
Petrochemicals MEG rPET |
7,530 yuan/ton | 7,550 yuan/ton | +20 |
| Naphtha overseas market | 666 $/ton | 685 $/ton | +19 |
| Phenol domestic market | 8,485 yuan/ton | 9,270 yuan/ton | +785 |
r-PET high end eco-friendly chips =7,800 yuan/ton — 7,800 yuan/ton –
- Petrochemicals PSF PET-Bottle – Will the European EVcar market only speak Chinese? 04-09-2023
- New enzyme technology for environmentally friendly plastic recycling
Petrochemicals MEG rPET
Auto, ccinaugurates its first Battery Technology Center in Italy
Stellantis, one of the world’s leading automotive manufacturers, has inaugurated its first Battery Technology Center in Turin, in the Mirafiori industrial complex. With an investment of 40 million euros for its development, the center increases Stellantis’ ability to design, develop and test the battery packs, modules, high voltage cells and software that will power future Stellantis brand vehicles , we read in a note. Over 100 technicians will work in the Battery Technology Center in Mirafiori, most of whom are specialized workers from Stellantis. Petrochemicals MEG rPET
The group is also working on a Battery Technology Center for North America in Windsor, Ontario, Canada. With 8,000 square meters and 32 climatic cells, the Battery Technology Center is the largest in Italy and one of the most important in Europe. The heart of the center consists of 32 climatic chambers – 24 walk-in chambers for testing battery packs and 8 chambers for carrying out cell tests. Inside the 24 walk-in chambers it is possible to control the environmental conditions by regulating humidity and temperature in a range between -40 and 60 degrees Celsius with a maximum variation of 20 degrees per minute. The center is capable of testing up to 47 battery packs in parallel.
Designed for future expansion, the center’s power system can handle up to 1.2 kilovolts (kV) and 2.2 megawatts (MW) per test cell. In the eight chambers reserved for the cells it is possible to test up to 96 elements in parallel. Petrochemicals MEG rPET
This part of the Technology Center will be dedicated in particular to the study of new chemical compositions and behavioral characteristics of cells for future development.
As part of its Dare Forward 2030 strategic plan, Stellantis announced its goal of achieving 100% BEV sales mix in Europe and 50% BEV passenger cars and light commercial vehicles in the United States by 2030. To achieve these business goals, the company is securing approximately 400 GWh of battery capacity, to be supported with six battery manufacturing facilities in North America and Europe. Stellantis is working to become a carbon-neutral company across the board by 2038, with single-digit offsets for remaining emissions. Petrochemicals MEG rPET
“We find ourselves faced with a unique opportunity to redefine mobility by offering intelligent and sustainable solutions – declared Ned Curic, Chief Engineering and Technology Officer of Stellantis – The new Battery Technology Center in Mirafiori brings together the tools in one place and the talented people needed to develop, test, validate and produce high-quality products that meet the needs of our customers with shorter lead times for premium electric vehicles around the world.”
The new Stellantis Battery Technology Center “is a further step, which follows the many concrete steps that the Region and Municipality have taken with Stellantis. After the many words of the past, the approach and method have changed, we wanted to build an almost contractual agreement with Stellantis”. Petrochemicals MEG rPET
Alberto Cirio, president of the Piedmont Region, said this on the sidelines of the inauguration of the centre, built in the Mirafiori industrial complex, in Turin, to test and develop the battery packs for electric vehicles that will power future products in the Stellantis range. “We have put on the table the elements that we could put in place and Stellantis has defined very specific objectives, which are being achieved. Everyone is keeping their commitments”, said Cirio, explaining that “the Battery Technology Center also has a significance of perspective, because it means that the head remains in Piedmont and Turin”. Petrochemicals MEG rPET
The President of the Region explained that in the agreement that is being defined at a national level with Stellantis, and in which Cirio represents the regions as coordinator for the car at the table, “a contractual relationship is being defined to which also the Minister of Business and Urso is paying a lot of attention to Made in Italy. On the one hand it guarantees contributions and incentives for car replacements, but on the other hand it requires concrete commitments from Stellantis.” Cirio said he was “satisfied because, after the many words of the past, today factories are actually being inaugurated, people are being hired and lines are being opened”. Petrochemicals MEG rPET
At the new Stellantis Battery Technology Center in Turin Mirafiori “over one hundred people will work when fully operational, for now we are aiming for the reskilling of the current staff”, or the transfer from other divisions of the group (these are highly specialized workers, who have received at least 200 hours of training). Ned Curic, chief engineering & technology officer of Stellantis, said this at the inauguration of the BTC. Looking ahead, however, it cannot be ruled out that there will be new hires, also because “many Stellantis employees will retire and we will have to replace them”, said Curic.
Overall, he said, “we are hiring and will continue to do so due to the demographics of the current workforce.” Petrochemicals MEG rPET
According to Curic, in the coming years we will see “a transformation of the workforce” and “we need to implement the talent of the new generations”, which is why Stellantis works with the Polytechnic of Turin “to ensure we have skills to develop”.
