Petrochemicals PSF PET-Bottle – Will the European EVcar market only speak Chinese? 04-09-2023
Petrochemicals PSF PET-Bottle
- 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
| Polyestertime | |||
| ITEM | 28/08/2023 | 04/09/2023 | +/- |
| Bottle grade PET chips domestic market | 7,050 yuan/ton | 7,125 yuan/ton | +75 |
| Bottle grade PET chips export market | 890 $/ton | 895 $/ton | +5 |
| Filament grade Semidull chips domestic market | 6,900 yuan/ton | 7,000 yuan/ton | +100 |
| Filament grade Bright chips domestic market | 6,920 yuan/ton | 7,020 yuan/ton | +100 |
| Pure Terephthalic Acid PTA domestic market | 6,035 yuan/ton | 6,150 yuan/ton | +115 |
| Pure Terephthalic Acid PTA export market | 760 $/ton | 800 $/ton | +40 |
| Monoethyleneglycol MEG domestic market | 3,985 yuan/ton | 4,100 yuan/ton | +115 |
| Monoethyleneglycol MEG export market | 465 $/ton | 475 $/ton | +10 |
| Paraxylene PX FOB Taiwan market
Petrochemicals PSF PET-Bottle |
1,067 $/ton | 1,096 $/ton |
+29 |
| Paraxylene PX FOB Korea market | 1,044 $/ton | 1,073 $/ton | +29 |
| Paraxylene PX FOB EU market | 1,180 $/ton | 1,180 $/ton | – |
| Polyester filament POY 150D/48F domestic market | 7,750 yuan/ton | 7,725 yuan/ton |
-25 |
| Recycled Polyester filament POY domestic market | 7,350 yuan/ton | 7,540 yuan/ton | +190 |
| Polyester filament DTY 150D/48 F domestic market | 9,250 yuan/ton | 9,275 yuan/ton | +25 |
| Polyester filament FDY 68D24F
Petrochemicals PSF PET-Bottle |
8,850 yuan/ton | 8,950 yuan/ton | +100 |
| Polyester filament FDY 150D/96F domestic market | 8,275 yuan/ton | 8,350 yuan/ton | +75 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,550 yuan/ton | 7,600 yuan/ton | +50 |
| Caprolactam CPL domestic market | 12,750 yuan/ton | 12,900 yuan/ton |
+150 |
| Caprolactam CPL overseas market | 1,500 $/ton | 1,550 $/ton | +50 |
| Nylon 6 chips overseas market | 1,750 $/ton | 1,790 $/ton | +40 |
| Nylon 6 chips conventional spinning domestic market | 13,400 yuan/ton | 13,650 yuan/ton | +250 |
| Nylon 6 chips high speed spinning domestic market
Petrochemicals PSF PET-Bottle |
14,250 yuan/ton | 14,300 yuan/ton | +50 |
| Nylon 6.6 chips domestic market | 18,000 yuan/ton | 17,900 yuan/ton | -100 |
| Nylon6 Filament POY 86D/24F domestic market | 16,350 yuan/ton | 16,400 yuan/ton | +50 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,500 yuan/ton | 18,550 yuan/ton- | +50 |
| Nylon6 Filament FDY 70D/24F | 17,450 yuan/ton | 17,400 yuan/ton | -50 |
| Spandex 20D domestic market
Petrochemicals PSF PET-Bottle |
36,500 yuan/ton | 36,500 yuan/ton | – |
| Spandex 30D domestic market | 35,000 yuan/ton | 35,000 yuan/ton | – |
| Spandex 40D domestic market | 31,800 yuan/ton | 32,000 yuan/ton | +200 |
| Adipic Acid domestic market | 9,450 yuan/ton | 9,550 yuan/ton | +100 |
| Benzene domestic market
Petrochemicals PSF PET-Bottle |
7,780 yuan/ton | 7,950 yuan/ton | +170 |
| Benzene overseas market | 909 $/ton | 903 $/ton | -6 |
| Ethylene South East market | 860 $/ton | 860 $/ton | – |
| Ethylene NWE market | 722 $/ton | 735 $/ton | +13 |
| Acrylonitrile ACN domestic market
Petrochemicals PSF PET-Bottle |
8,500 yuan/ton | 9,400 yuan/ton | +900 |
| 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 | 12,950 yuan/ton | 13,150 yuan/ton | +200 |
| PP Powder domestic market
Petrochemicals PSF PET-Bottle |
7,250 yuan/ton | 7,530 yuan/ton | +280 |
| Naphtha overseas market | 664 $/ton | 666 $/ton | +2 |
| Phenol domestic market | 8,095 yuan/ton | 8,485 yuan/ton | +390 |
r-PET high end eco-friendly chips =7,700 yuan/ton — 7,800 yuan/ton +100
- Petrochemicals ADA MEG rPET – Plastic recycling helps the environment: is it important to raise consumer awareness? 28-08-2023
- New enzyme technology for environmentally friendly plastic recycling
Petrochemicals PSF PET-Bottle
CATL’s Revolutionary ShenXing LFP Battery Set to Transform Electric Vehicle Industry
In a strategic move poised to catalyze the electric vehicle (EV) market, CATL (Contemporary Amperex Technology Limited), a Chinese powerhouse in the new energy sector, has introduced the ShenXing LFP battery. With its groundbreaking recharge speed and game-changing capabilities, the ShenXing battery is poised to usher in a new era of accessibility and efficiency in the world of electric cars.
Founded in 1999, CATL has emerged as a global frontrunner in the pursuit of innovative energy solutions. The company’s dedication to advancing new energies and its commitment to environmental sustainability have solidified its position as an industry leader. The ShenXing LFP battery marks yet another milestone in CATL’s journey, promising to reshape the electric car landscape.
At the heart of this innovation lies the lithium-iron-phosphate (LFP) battery technology, which has been meticulously engineered by CATL’s experts. This revolutionary battery offers an astonishing recharge time of just ten minutes, empowering EV owners with a rapid refueling experience that matches the convenience of conventional refueling. Once charged, the ShenXing-equipped electric vehicles can travel up to 400 km, eliminating range anxiety and bolstering the practicality of EVs for everyday use. Anticipation is building for the impending market release, expected within the next few months.
CATL’s dominance as the world’s largest battery manufacturer has been further solidified with the ShenXing LFP battery. This breakthrough innovation has not only widened the gap between CATL and its competitors but has also fortified the company’s claim to the future of EV power solutions. The lithium-iron-phosphate batteries, showcased recently by the Chinese powerhouse, have set a new benchmark for rapid charging and long-distance travel capabilities.
The ShenXing battery owes its distinction to its incredibly short charging times, which stand as a testament to CATL’s dedication to pioneering advancements. In practical terms, the significance of this achievement is profound. For instance, a journey from Milan to Florence can now be covered with just a brief 10-minute recharge stop. Similarly, the drive from Rome to Naples can be accomplished with a mere 5-minute charge. While the technical specifics of the ShenXing battery remain undisclosed, its composition and performance are drawing attention and admiration.
The optimism surrounding CATL’s innovations is palpable, with Gao Han, the head of CATL’s E-Car division, boldly proclaiming that the ShenXing battery will soon become the standard power source for every electric vehicle. This declaration carries weight, especially considering CATL’s plans to commence full-scale production by the end of 2023, with ShenXing-equipped vehicles expected to debut on the market in the coming year.
CATL’s stronghold in the EV battery realm is further evidenced by its enduring partnership with prominent automaker Tesla. The company’s commitment to staying ahead of its compatriot competitor BYD has led to a strategy of price containment, wherein CATL is reducing battery prices for selected manufacturers. This approach not only distances CATL from the competition but also lays the groundwork for potential reductions in the overall cost of electric cars in the future.
In conclusion, CATL’s ShenXing LFP battery stands poised to revolutionize the electric vehicle industry. With its unparalleled rapid charging capabilities and extended travel range, this innovation addresses key challenges that have hindered the widespread adoption of electric cars. As CATL gears up for full-scale production and market release, the prospect of a more accessible and sustainable automotive future comes into sharp focus.
Lanxess and FRX Innovations announce strategic partnership related to flame-retardant materials
Lanxess AG (Cologne, Germany) and FRX Innovations (Vancouver, B.C., Canada), a leading global developer and manufacturer of environmentally sustainable polymeric flame-retardant additives, have announced the signing of a memorandum of understanding covering:
1. the evaluation of a contract manufacturing, by LANXESS, of a family of FRX patented NOFIA products, Petrochemicals PSF PET-Bottle
2. the potential production by LANXESS, of an FRX patented raw material necessary for the production of NOFIA flame retardants,
3. the exploration of potential marketing by LANXESS of NOFIA flame retardants in specific sectors and/or geographies.
“Being a unique polymeric, sustainable flame-retardant solution, the NOFIA range fits perfectly with LANXESS’ existing phosphorus flame retardant portfolio and long-term strategy of sustainable flame-retardant solutions,” said Karsten Job, Managing Director of LANXESS’ Polymer Additives business unit.
“We believe that FRX’s NOFIA® technology will capture important market share in this market.”
Petrochemicals PSF PET-Bottle