Petrochemicals Polymers – M. Holland Unveils Mfinity Line of Sustainable Resins 18-09-2023
Petrochemicals Polymers
- 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 Polymers
| Polyestertime | |||
| ITEM | 11/09/2023 | 18/09/2023 | +/- |
| Bottle grade PET chips domestic market | 7,075 yuan/ton | 7,300 yuan/ton | +225 |
| Bottle grade PET chips export market | 895 $/ton | 915 $/ton | +20 |
| Filament grade Semidull chips domestic market | 7,060 yuan/ton | 7,300 yuan/ton | +240 |
| Filament grade Bright chips domestic market | 7,090 yuan/ton | 7,340 yuan/ton | +250 |
| Pure Terephthalic Acid PTA domestic market | 6,155 yuan/ton | 6,340 yuan/ton | +185 |
| Pure Terephthalic Acid PTA export market | 770 $/ton | 800 $/ton | +30 |
| Monoethyleneglycol MEG domestic market | 4,165 yuan/ton | 4,275 yuan/ton | +110 |
| Monoethyleneglycol MEG export market | 482 $/ton | 494 $/ton | +12 |
| Paraxylene PX FOB Taiwan market
Petrochemicals Polymers |
1,093 $/ton | 1,160 $/ton |
+67 |
| Paraxylene PX FOB Korea market | 1,070 $/ton | 1,137 $/ton | +67 |
| Paraxylene PX FOB EU market | 1,190 $/ton | 1,200 $/ton | +10 |
| Polyester filament POY 150D/48F domestic market | 7,900 yuan/ton | 8,200 yuan/ton |
+300 |
| Recycled Polyester filament POY domestic market | 7,650 yuan/ton | 7,750 yuan/ton | +100 |
| Polyester filament DTY 150D/48 F domestic market | 9,350 yuan/ton | 9,600 yuan/ton | +250 |
| Polyester filament FDY 68D24F
Petrochemicals Polymers |
9,050 yuan/ton | 9,350 yuan/ton | +300 |
| Polyester filament FDY 150D/96F domestic market | 8,475 yuan/ton | 8,750 yuan/ton | +275 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,650 yuan/ton | 7,850 yuan/ton | +200 |
| Caprolactam CPL domestic market | 13,350 yuan/ton | 14,280 yuan/ton |
+930 |
| Caprolactam CPL overseas market | 1,570 $/ton | 1,600 $/ton | +30 |
| Nylon 6 chips overseas market | 1,790 $/ton | 1,790 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 14,100 yuan/ton | 15,000 yuan/ton | +900 |
| Nylon 6 chips high speed spinning domestic market
Petrochemicals Polymers |
14,650 yuan/ton | 15,350 yuan/ton | +700 |
| Nylon 6.6 chips domestic market | 18,100 yuan/ton | 19,000 yuan/ton | +900 |
| Nylon6 Filament POY 86D/24F domestic market | 16,750 yuan/ton | 17,450 yuan/ton | +700 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,900 yuan/ton | 19,600 yuan/ton- | +700 |
| Nylon6 Filament FDY 70D/24F | 17,700 yuan/ton | 18,350 yuan/ton | +650 |
| Spandex 20D domestic market
Petrochemicals Polymers |
36,500 yuan/ton | 36,500 yuan/ton | – |
| Spandex 30D domestic market | 35,000 yuan/ton | 35,000 yuan/ton | – |
| Spandex 40D domestic market | 32,200 yuan/ton | 32,200 yuan/ton | +200 |
| Adipic Acid domestic market | 9,850 yuan/ton | 10,050 yuan/ton | +200 |
| Benzene domestic market
Petrochemicals Polymers |
8,500 yuan/ton | 8,540 yuan/ton | +40 |
| Benzene overseas market | 987 $/ton | 1,023 $/ton | +36 |
| Ethylene South East market | 865 $/ton | 865 $/ton | – |
| Ethylene NWE market | 774 $/ton | 788 $/ton | +14 |
| Acrylonitrile ACN domestic market
Petrochemicals Polymers |
9,500 yuan/ton | 9,500 yuan/ton | – |
| Acrylonitrile ACN overseas market | 1,200 $/ton | 1,200 $/ton | – |
| Acrylic staple fiber ASF domestic market | 14,100 yuan/ton | 14,100 yuan/ton | – |
| Viscose Staple Fiber VSF domestic market | 13,250 yuan/ton | 13,250 yuan/ton | – |
| PP Powder domestic market
Petrochemicals Polymers |
7,550 yuan/ton | 7,700 yuan/ton | +150 |
| Naphtha overseas market | 685 $/ton | 713 $/ton | +28 |
| Phenol domestic market | 9,270 yuan/ton | 9,795 yuan/ton | +525 |
r-PET high end eco-friendly chips =7,800 yuan/ton — 7,800 yuan/ton –
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Petrochemicals Polymers
M. Holland Unveils Mfinity Line of Sustainable Resins
M. Holland Co., a global distributor specializing in thermoplastic resins and related materials, has introduced a groundbreaking product line known as Mfinity. This innovative brand comprises compounds crafted with the incorporation of up to 100% recycled content, encompassing both commodity and engineering materials. Mfinity stands as a pragmatic solution, aimed at assisting clients, brand owners, and original equipment manufacturers (OEMs) in achieving their sustainability objectives.
Beyond the integration of recycled materials, Mfinity incorporates proprietary additives, bio-compounds, and tailor-made formulations tailored for eco-friendly applications across diverse markets, including automotive, consumer goods, electrical and electronics, and packaging. A considerable number of Mfinity resins bear third-party certification, attesting to the proportion of recycled content, while select grades have obtained FDA’s Letter of No Objection (LNO) or other relevant agency certifications.
“Prominent brands and OEMs have made commitments to incorporate greater proportions of sustainable or recycled materials into their products by 2025, if not sooner,” noted Peter Prusak, Director of Business Development at M. Holland. “Beyond the evident environmental advantages, there is a growing market demand for practical sustainability solutions.”
M. Holland has established a dedicated sustainability team, comprising experts closely attuned to the latest research, trends, and innovations in environmentally friendly materials. These experts play a pivotal role in guiding the company’s customers, suppliers, and business partners, helping them pinpoint opportunities to advance their sustainability initiatives.
“As a trusted resin distributor, M. Holland already provides a range of high-quality recycled resins, including post-consumer and post-industrial varieties, to support various industries,” Prusak added. “Mfinity represents a significant expansion of our offerings, affording manufacturers a broader spectrum of material choices as they endeavor to innovate their products for a more sustainable world.”
