Plastic chemicals man made fibre 12-09-2018 - Arhive
-Crude Oil Prices Trend
-Americas petrochemicals outlook, w/c Sep 10
US OLEFINS
US ethylene trade participants said they will continue to monitor high feedstock costs and a loss of production from a planned turnaround that began over the weekend. Ethylene spot prices established another six-month high Friday at 19.50 cents/lb FD USG, as the feedstock ethane market continued to move toward the 50 cent/gal level. Also, trade sources said Chevron Phillips began a 60-day turnaround at its Port Arthur, Texas, facility, which will take production offline. CP Chem would not comment on operations at its facility. US propylene trade participants were also monitoring high feedstock costs and recent production issues heading into this week.
-Trump’s sanctions on Iran could push oil prices above $100 per barrel
If U.S. sanctions end up cutting off Iranian oil supply completely, oil prices will likely hit $100 per barrel, said Fereidun Fesharaki, founder and chairman of consultancy FACTS Global Energy.
What’s currently holding back oil prices from moving higher is the ongoing trade friction between the U.S. and China, Fesharaki said.
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf.
-Chemists develop nanocatalysts for continuous biofuel synthesis
RUDN Chemists Created Nanocatalysts for Continuous Biofuel Synthesis
A chemist from RUDN synthesized new catalysts with ruthenium (Ru) nanoparticles for producing biofuel from organic biowaste. Nanocatalysts support more intensive and sustained reactions than the compounds currently available in the market. The results of the study were published in the ChemSusChem journal.
-Teijin Frontier Develops Linen-like Polyester Fiber Teijin Frontier Linen like Polyester Fiber
Tokyo, Japan, September – Teijin Frontier Co., Ltd. , the Teijin Group’s fiber and products converting company, announced today that it has developed a new linen-like fiber that boasts a highly fresh, natural appearance for extra-comfortable outer clothing, jackets, bottoms and blouses.
-EU committee electric vehicle targets unrealistic, a seismic shift for auto makers – ACEA
LONDON -Europe’s key automotive trade group attacked on Tuesday emissions-reductions targets voted on by the Environment Committee of the European Parliament (EP) as “totally unrealistic”, despite analyst projections of more affordable electric vehicles in coming years.
– EU Committee backed proposals for much stricter EV targets
– Timeline is too stringent for the European auto sector, says ACEA
– Costs drops could put EVs at parity with regular autos by 2025, says UBS
The committee voted this week in favour of a proposal that would require auto makers in the EU to derive 20% of sales from electric vehicles or hybrids by 2025, rising to 40% by 2030.
-Microban earns Eco Passport by Oeko-Tex certification
Having both Scentry and Scentry Revive meet the strict requirements of Eco Passport confirms the company’s commitment to provide best-in-class performance for consumers. © MicrobanTwo new non-antimicrobial technologies, Scentry and Scentry Revive, by Microban International, a leader in odour control and prevention solutions, have earned Eco Passport by Oeko-Tex certification – an independent testing and certification system for chemicals, colourants and auxiliaries used to manufacture textiles.
-Why The U.S. Is Suddenly Buying A Lot More Saudi Oil
For a few months now, OPEC has been boosting production to ease concerns about high oil prices amid expected supply losses from Venezuela and Iran.
The cartel’s largest producer and exporter, Saudi Arabia, has been specifically targeting an increase in crude oil exports to the most transparent market, the United States, which reports crude oil imports and inventory levels every week.
-‘REVERSE-ENGINEERING’ THE RECYCLING PROCESS: MONDI TO INTRODUCE 100% RECYCLABLE POUCH
After almost four years of development, Mondi and Werner & Mertz will introduce a new, patented innovation in 2019: a 100-percent recyclable pouch with detachable decorative panels.
The pouch replaces conventional flexible packaging for Frosch products. The pioneering design overcomes many shortcomings of the recycling process and is the result of a joint effort by Werner & Mertz, Mondi, EPEA Switzerland (Cradle to Cradle®), Der Grüne Punkt – Duales System Deutschland and Institut cyclos-HTP.
-OPEC Outages Are Driving Up Oil Prices
Geopolitics is once again driving oil prices, and after a pause this summer, tension and unrest could be back at the top of the agenda.
Last week, rioters burned down several buildings in Basra, a major city in Southern Iraq and home to most of the country’s oil production. Despite its oil riches, southern Iraq remains deeply unequal, which has fueled resentment and anger among the neglected populace even as international companies continue to ramp up production from Basra’s vast oil fields. Unemployment, poor public services, electricity outages (at the height of summer heat) and even contaminated water has stoked outrage.
-EMEA petrochemicals outlook, w/c Sep 10
London — OLEFINS AND FEEDSTOCKS: Flow of naphtha from Europe to Asia is expected to fall further as lower demand in Asia slashes the scope for European producers to move cargoes to the East. In the week ahead, suppliers in the Mediterranean will be pinning their hopes on the return of end-user demand for naphtha, while a strengthening butane complex on the back of blending demand for winter grade gasoline and expectations of a tightening propane market towards the end of the month may potentially raise naphtha’s share as petrochemical feedstock
ITMA Asia + CITME 2018 Exhibitor Preview: ANDRITZ
GRAZ, Austria— International technology Group ANDRITZ will be presenting its innovative nonwovens and textile finishing technologies for the Asian markets at the ITMA ASIA + CITME 2018 show to be held at the National Exhibition and Convention Center in Shanghai, China, from October 15 to 19 (hall H2, booth A24). In response to market demands, ANDRITZ has yet again raised the bar for turnkey and customized solutions for drylaid, spunjet, thermobonding, and wetlaid, as well as for conversion of absorbent hygiene products. ANDRITZ offers unique technologies tailored to each customer’s individual needs.
