Petrochemicals PETrecycled Hydrogen 21-09-2020

Petrochemicals PETrecycled Hydrogen

Petrochemical Compound HDPE Naphtha Trend

Petrochemicals PETrecycled Hydrogen

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-BOPP producer opts for renewable polymers

Italian BOPP film manufacturer Irplast has launched new film solutions utilising renewable PP polymers from SABIC’s TruCircle portfolio. The company’s films are used for the manufacture of printed adhesive tapes, wrap­around labels for the food, beverage dairy, personal and home care markets, and also for multi-pack solutions,

Irplast’s sustainability manager Naomi Lunadei said: “We firmly believe that sustainable growth must become a priority for businesses producing and converting plastics packaging materials. As a packaging producer, we are well aware of our responsibilities in making the 2030 Sustainable Development Goals a reality and we are very committed to the challenge.

“We have undertaken a gradual but determined path, consistent with the development of new materials according to the guidelines of the EU Packaging and Packaging Waste Directives. Therefore, we have brought out two new innovative product lines in collaboration with SABIC, one to reduce the carbon footprint of BOPP flexible packaging, while the other introduces the possibility of entering the circular economy, being progressively mandated by legislators worldwide.”

Petrochemicals PETrecycled Hydrogen

-Where does spandex go?

Demand for spandex was better than other major feedstock of textiles and apparels in 2020. Stocks of spandex declined more compared with polyester and nylon. Price of spandex 70D-140D-280D surged in Apr driven by sound demand for ear band of mask. Almost all spandex price increased in Aug-Sep, with increment at around 500-1,500yuan/mt.

The COVID-19 greatly impacted global economy and commodities. Demand shrank on the year in many fields. Many developed nations witnessed dramatic economic recession. However, spandex market outperformed. Sales of spandex were very sluggish in the first quarter of 2020 as the production resumption of downstream plants was around 1 month later. The YOY demand shrinkage apparently declined by the end of H1. Supported by surging foreign orders and moderate domestic demand, sales of spandex increased, with sales volume higher than the same period of last year. More descriptions became tight. Supply of super fine denier, spandex 20D, 30D and coarse denier is largely in shortage, and the delivery of goods needs to queue now, but supply of 40D and 140D is loose.

Petrochemicals PETrecycled Hydrogen

-Europe PE prices languish as US sellers hike for October

Polyethylene (PE) prices in Europe remain remarkably lacklustre in spite of higher numbers and less material offered from the US, puzzling some players.

US supplies remain tight amid ongoing production outages, with plants in Lake Charles, Louisiana, likely to remain down until mid-October.

September price increase initiatives are under discussion while additional increases have been nominated for October.

Export allocations are limited.

STILL SELLING

Yet there are sales in Europe still done with US material at levels lower than last month for C4 (butene based) linear low density polyethylene (LLDPE), in particular for cast film.

Sources put this down to material from earlier imported lots being sold in some cases, as new offers are higher, if there is material available at all.

Petrochemicals PETrecycled Hydrogen

-Factbox: Sources of Financing for 750 Billion Euro EU Recovery Package

European Union governments are considering a number of new EU-wide taxes that would allow the 27-nation bloc to repay the planned 750 billion euros ($888 billion) of borrowing for boosting the economy after the COVID-19 pandemic.

Because tax matters in the EU must be decided by unanimity and repayment of the borrowing does not start until 2028, complex decisions on the taxes may take several years.

Below are the taxes under consideration.

PLASTICS TAX

This has already been decided and will apply from Jan. 1, 2021. Tax will be calculated on the weight of non-recycled plastic packaging waste at 0.80 euro per kg, with a mechanism to avoid some countries paying much more than others. The executive Commission estimates revenues could reach 7 billion euros annually.

Petrochemicals PETrecycled Hydrogen

-More sustainability with PLA bioplastics

innovation | Sustainability and climate protection | trends of technology | The market for the bioplastics PLA is growing – but in order to turn our back on crude oil, the industry still faces many challenges. With a new technology, we are making the production of the green plastic alternative economically attractive now.

In 2015, the European Parliament adopted a landmark directive on environmental protection. The goal: to reduce the consumption of lightweight plastic bags by an impressive 80 percent by 2025. This definition includes bags with a wall thickness of up to 50 micrometers which also applies to the well-known plastic shopping bags in supermarkets.

Petrochemicals PETrecycled Hydrogen

-Innovia Films develop new carbon neutral label film

Innovia Films has announced the launch of Encore C45cn, the first carbon neutral BOPP label film.

ISCC certified, Encore C45cn will contribute to reducing carbon footprint and reducing the use of fossil resources.

Encore 45cn is carbon neutral on a mass balance and cradle to gate basis as certified by the International Sustainability and Carbon Certification (ISCC Plus) programme.

Stephen Weber, Key Account Director, Labels at Innovia Films, explained: “In addition to being carbon neutral Encore C45cn is a high MD stiffness 45um BOPP bubble film for automatic label dispensing performance. This could allow the replacement of standard 50um films giving a further 10% material saving “

Innovia Films develop new carbon neutral label film

-INEOS Styrolution and Trinseo advance France-based PS recycling plant plans

INEOS Styrolution and Trinseo, global leaders in the manufacturing of polystyrene and other styrenic materials, are advancing plans to build the first-of-its-kind PS recycling plant based in Wingles, France.

The planned full commercial-scale recycling facility will be capable of processing up to 50 tonnes per day of post-consumer PS feedstock and is expected to be fully operational by mid-2023.

In previous project milestones, the depolymerisation of polystyrene has proven to be an ideal recycling process showcasing polystyrene’s unique intrinsic capability for full circularity. The plastics-to-plastics depolymerisation technology converts polystyrene food packaging waste directly back into its original liquid monomer, repolymerised and recycled for the same high-quality applications.

INEOS Styrolution and Trinseo advance France-based PS recycling plant plans

-GPCA adopts new initiative for members in Arabian Gulf

The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, has adopted a new initiative for members on the occasion of World Cleanup Day 2020, aimed at improving sustainability and best environmental practices at plastic manufacturing and logistics operations in the GCC.

Practiced in over 60 countries and thousands of plants around the world, Operation Clean Sweep (OCS) arrives in the region for the first time to enable good housekeeping and pellet containment practices at plastic resin handling operations. The global initiative is aimed at ultimately achieving zero pellet, flake, and powder loss and contributing to global efforts by plastic producers today to protect the environment and minimize their environmental footprint.

The initiative is of great significance for the region, as Arabian Gulf plastic producers manufacture 32.3 million metric tons of polymers annually. Pellet, flake, and powder loss is a growing problem, which can have an economic and business cost in the tune of $1.5 billion every year excluding environmental and reputational damage among local communities.

-GPCA adopts new initiative for members in Arabian Gulf

-NILIT® EcoCare // Sustainable Fibers

Protect the environment without sacrificing dyeability

From the beginning, we at NILIT have been concerned about our impact on the environment. NILIT EcoCare yarn is a combination of this concern and sophisticated R&D.

The production of our recycled yarns uses a highly efficient recycling process that significantly reduces CO2, energy and water consumption.

NILIT® EcoCare // Sustainable Fibers

Petrochemicals PETrecycled Hydrogen

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