Petrochemicals PET-Bottle-grade – Will Indorama be the most prominent player in the PET recycling industry? 21-08-2023 - Arhive

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Petrochemicals PET-Bottle-grade

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – My66 – 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 PET-Bottle-grade

Polyestertime
ITEM 14/08/2023 21/08/2023 +/-
Bottle grade PET chips domestic market 7,050 yuan/ton 7,075 yuan/ton +25
Bottle grade PET chips export market 895 $/ton 895 $/ton
Filament grade Semidull chips domestic market 6,820 yuan/ton 6,860 yuan/ton +40
Filament grade Bright chips domestic market 6,860 yuan/ton 6,890 yuan/ton +30
Pure Terephthalic Acid PTA domestic market 5,845 yuan/ton 6,015 yuan/ton +170
Pure Terephthalic Acid PTA export market 790 $/ton 760 $/ton -30
Monoethyleneglycol MEG domestic market 3,940 yuan/ton 4,000 yuan/ton +60
Monoethyleneglycol MEG export market 462 $/ton 464 $/ton +2
Paraxylene PX FOB  Taiwan market

Petrochemicals PET-Bottle-grade

1,077 $/ton 1,043 $/ton
-34
Paraxylene PX FOB  Korea market 1,054 $/ton 1,020 $/ton -34
Paraxylene PX FOB EU market 1,180 $/ton 1,180 $/ton
Polyester filament POY 150D/48F domestic market 7,680 yuan/ton 7,600 yuan/ton
-80
Recycled Polyester filament POY  domestic market 7,350 yuan/ton 7,250 yuan/ton -100
Polyester filament DTY 150D/48 F domestic market 9,200 yuan/ton 9,150 yuan/ton -50
Polyester filament FDY 68D24F

Petrochemicals PET-Bottle-grade

8,800 yuan/ton 8,800 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,300 yuan/ton 8,220 yuan/ton -80
Polyester staple fiber 1.4D 38mm domestic market 7,450 yuan/ton 7,530 yuan/ton +80
Caprolactam CPL domestic market 12,850 yuan/ton 12,700 yuan/ton
-150
Caprolactam CPL overseas  market 1,550 $/ton 1,500 $/ton
Nylon 6 chips overseas  market 1,750 $/ton 1,750 $/ton
Nylon 6 chips conventional spinning domestic  market 13,500 yuan/ton 13,250 yuan/ton -250
Nylon 6 chips  high speed spinning domestic  market

Petrochemicals PET-Bottle-grade

14,450 yuan/ton 14,250 yuan/ton -200
Nylon 6.6 chips domestic  market 18,000 yuan/ton 18,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,600 yuan/ton 16,400 yuan/ton -200
Nylon6 Filament DTY 70D/24F domestic  market 18,800 yuan/ton 18,600 yuan/ton- -200
Nylon6 Filament FDY  70D/24F  17,600 yuan/ton 17,500 yuan/ton -100
Spandex 20D  domestic  market

Petrochemicals PET-Bottle-grade

36,500 yuan/ton 36,500 yuan/ton
Spandex 30D  domestic  market 35,000 yuan/ton 35,000 yuan/ton
Spandex 40D  domestic  market  31,500 yuan/ton 31,800 yuan/ton +300
Adipic Acid domestic market 9,800 yuan/ton 9,450 yuan/ton -350
Benzene domestic market

Petrochemicals PET-Bottle-grade

7,650 yuan/ton 7,850 yuan/ton +200
Benzene overseas  market 903 $/ton 904 $/ton +1
Ethylene South East market 810 $/ton 860 $/ton +50
Ethylene NWE market 624 $/ton 691 $/ton +67
Acrylonitrile ACN  domestic market

Petrochemicals PET-Bottle-grade

8,300 yuan/ton 8,200 yuan/ton -100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 13,600 yuan/ton 13,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,800 yuan/ton 12,850 yuan/ton +50
PP Powder domestic market

Petrochemicals PET-Bottle-grade

7,175 yuan/ton 7,450 yuan/ton +275
Naphtha overseas market  665 $/ton 645 $/ton -20
Phenol domestic market 8,212 yuan/ton 8,045 yuan/ton +167

 

r-PET high end eco-friendly chips =7,700 yuan/ton 7,700 yuan/ton   

Petrochemicals PET-Bottle-grade

AMB Spa, an Italian packaging company, is taking significant strides towards sustainability by partnering with Indorama, a prominent player in the PET recycling industry

This collaboration aims to revolutionize the production of food-grade packaging film by utilizing post-consumer recycled PET trays, thus contributing to the reduction of plastic waste and environmental impact.

The foundation of this innovative endeavor lies in the utilization of PET flakes sourced from Indorama’s PET tray recycling operations. Nestled in Verdun, France, Indorama’s facility specializes in transforming post-consumer PET trays into high-quality flakes, which are integral to the production of food-safe packaging materials. In 2022, this pioneering process underwent meticulous scrutiny by the European Food Safety Authority. Leveraging cutting-edge NGR technology and a sophisticated melt-state polycondensation approach, the recycling process demonstrated its capability to uphold stringent safety standards. The assessment highlighted its remarkable ability to mitigate the migration of potential unknown contaminants, thus cementing the recycled PET’s viability for applications involving food contact. This validation effectively erased any safety concerns associated with incorporating recycled PET into food-grade materials.

The collaboration between AMB and Indorama holds a dual benefit for both the environment and the packaging industry. By amalgamating AMB’s packaging expertise with Indorama’s PET recycling prowess, the partnership seeks to divert a staggering 150 million post-consumer trays away from detrimental outcomes such as landfill disposal or incineration. This concerted effort represents a substantial stride towards mitigating the environmental burden posed by plastic waste. With this trajectory, the partnership envisions reaching this ambitious target by the culmination of 2025, thereby aligning their endeavors with the global call for heightened sustainability practices.

In the context of broader environmental imperatives, the European Union has set forth comprehensive goals to revolutionize the packaging landscape. By 2030, the aim is to render all packaging materials recyclable, further escalating this ambition to enabling large-scale recycling by 2035. Indorama is at the vanguard of this movement, embodying a commitment to eco-conscious practices. With aspirations as lofty as they are impactful, Indorama is steadfastly working towards an annual input of 750,000 tons of post-consumer PET bales by 2025. This commendable pursuit of scale is underpinned by the expansion of PET recycling operations, a testament to Indorama’s dedication, which extends even to international dimensions with the augmentation of its operations in Brazil, as announced on August 9th.

The fusion of AMB’s packaging innovation and Indorama’s PET recycling breakthroughs exemplifies the power of collaboration in propelling sustainability. By integrating recycled PET into food-grade packaging film, the partnership fosters a circular economy model that significantly curtails the need for virgin plastic production. This resonates not only with evolving consumer preferences for eco-friendly products but also with the imperative to preserve and restore the planet’s health.

In conclusion, the alliance between AMB Spa and Indorama stands as a beacon of progress within the packaging industry. By harnessing recycled PET from post-consumer trays, they are reshaping the landscape of food-grade packaging films. Their commitment not only aligns with the European Union’s sustainability goals but also sets a remarkable precedent for industry collaboration that prioritizes innovation, environmental stewardship, and a circular economy. In an era marked by environmental challenges, this partnership represents a significant leap towards a more sustainable future.

AMB Spa, an Italian packaging company, is taking significant strides towards sustainability by partnering with Indorama, a prominent player in the PET recycling industry

Chemists Forge Advanced Synthetic Catalysts Resembling Super Enzymes for Biomass Conversion

Gazing out of his office window on a rain-soaked afternoon, Yan Zhao, a distinguished chemistry professor at Iowa State University, directed attention to the towering trees that lined the campus. He mused upon his pursuit: the creation of innovative synthetic catalysts capable of deconstructing cellulose, the tenacious plant fibers that imbue those trees with their remarkable strength and height. With a contemplative expression, Zhao remarked, “Cellulose possesses enduring resilience—a tree doesn’t simply dissolve following a rain shower. Breaking down cellulose presents a formidable challenge.”

Yet, within the confines of his laboratory, Zhao envisions a promising solution, a technological breakthrough that could potentially transform plant biomass into a pragmatic source of sugars with broad applications, including the production of fuels and chemicals. Harnessing inspiration from nature’s ingenuity, Zhao’s research group endeavors to engineer synthetic catalysts akin to super enzymes—these catalysts mirror the cellulose-degrading capabilities of their biological counterparts, but with added adaptability to extreme environments and an inherent capacity for repeated recycling.

In the race to conquer the intricacies of cellulose deconstruction, synthetic catalysts presently stand at an intermediary position between two natural enzymes, a pivotal juncture visualized by a vivid illustration crafted by Yan Zhao. “Our muse is biology,” Zhao elucidated. “We aspire to emulate the attributes of natural enzymes, and our preliminary results are indeed promising.”

Natural enzymes, proteins intrinsic to biological systems, function as catalysts by orchestrating chemical reactions that underpin essential biological processes. From facilitating cellular metabolism to aiding food digestion, enzymes play an indispensable role. Within this framework, three enzymes—endocellulase, exocellulase, and beta-glucosidase—hold the capability to degrade and digest plant-derived fibers, namely cellulose.

Although natural enzymes present themselves as logical candidates for industrial cellulose processing, they are fraught with limitations. Their expensive production, susceptibility to high temperatures and non-aqueous solvents, and their instability and recycling challenges render them less practical. Spanning a decade of dedicated research, Zhao’s team has diligently cultivated nanoparticle catalysts endowed with the potential to surmount these obstacles. Generous funding from the National Institutes of Health and the National Science Foundation (NSF) has propelled these advancements, while the Iowa State University Research Foundation actively pursues patent protection for the technology and seeks collaborative industry partners.

Further invigorating their efforts, a recent three-year, $400,000 grant from the NSF will propel Zhao’s innovative ideas regarding enzyme-mimicking catalysts. Collaborating on this venture is Sijia Dong, an assistant professor of chemistry and chemical biology at Northeastern University in Boston. Dong’s expertise in computational simulations is expected to unravel intricate details of the catalyst’s active reaction sites. Zhao expressed, “These simulations will bestow upon us a deeper comprehension of our intricate system, a system of considerable complexity.”

Zhao’s research brigade leverages dynamic nanospheres, aptly labeled micelles, in their journey. Micelles spontaneously assemble when chains of surfactant molecules, agents that mitigate liquid surface tension, encounter water. This interaction prompts the hydrophilic molecule heads to form an outer shell enveloping the hydrophobic tails—an arrangement solidified by ultraviolet light. Zhao’s team ingeniously orchestrates the assembly of micelles around template molecules mimicking active sites. Upon solidification, these “molecularly imprinted nanoparticles,” measuring a mere five billionths of a meter, replicate the binding and catalytic traits of natural enzymes. Strategically positioning themselves, these nanoparticles efficiently and selectively cleave cellulose bonds.

The potential outcome of this ambitious research endeavor is articulated in a project summary, envisioning the emergence of synthetic cellulose-catalyzing agents that rival the activity of natural cellulases while offering heightened ease of preparation and recyclability. Zhao’s aspiration is to see these catalysts seamlessly integrated into industrial practices, which dovetails harmoniously with the contemporary ethos and demands of the era.

Chemists Forge Advanced Synthetic Catalysts Resembling Super Enzymes for Biomass Conversion