Plastic chemicals plastic Recycling oil 21-09-2018 - Arhive
-China – Polyethylene terephthalate and its upstream chain is always in downward
PET Bottle grade export 1,260/1,310 $/ton – PET Bottle grade domestic market 9,950/10,100 yuan/ton – PET Filament grade domestic market 9,750/9,950 yuan/ton
PTA Taiwan 1,020/1,040 $/ton – PTA domestic market 7,650/7,800 yuan/ton – MEG $ 850/865 $/ton – MEG domestic market 6,950/7,250 yuan/ton – PX Korea 1,235/1,245 $/ton
POY 150D/48F domestic market 11,200/11,300 yuan/ton – DTY 150D/48F domestic market 12,700/12,850 yuan/ton – PSF domestic market 10,700/10,900 yuan/ton
-US slaps anti-dumping tariffs on PET resin suppliers USA antidumping tariffs PET resin Taiwan
The US Department of Commerce has imposed anti-dumping tariffs on polyethylene terephthalate (PET) resin suppliers from Taiwan and four other nations for selling their products at unfairly low prices in the US market.US
-Crude Oil Prices Trend
As a material industry supporting the industry, chemical industry should also match the overall industrial output value to more than 50%. Japan bioplastics plastics ExxonMobil petrochemical
In the future, with China’s efforts to promote the localization of chips, the matching photoresist, electronic specialty gases, packaging materials, high-purity reagents and other industries will undoubtedly usher in great development.
The development of China’s automobile lightweight and large aircraft also provides a huge market space for high-end engineering plastics such as carbon fiber and polycarbonate.
-Poland, Lithuania, Romania urge close EU-UK ties after Brexit
The foreign ministers of Poland, Lithuania and Romania have urged close EU-UK ties after Brexit.
Britain’s impending withdrawal from the European Union poses a number of challenges on both sides of the Channel, but the EU and the UK need each other on post-Brexit security, the three foreign ministers said in an article published by the Politico news service.
Poland’s Jacek Czaputowicz, Lithuania’s Linas Linkevičius, and Romania’s Teodor Meleșcanu said in the article that Brexit would leave a gaping hole in Europe’s foreign policy and that, without Britain, the EU’s position on the global stage might weaken, making it more vulnerable to external threats.
They argued that Britain, “in its capacity as a UN Security Council member, a nuclear power and a guarantor of approximately one-fourth of European defense capabilities — is one of the key pillars of the EU’s external action.”
-New Method Uses Sunlight to Convert Plastic waste into Usable Hydrogen
UK-based researchers have invented a simple sunlight-driven method for transforming plastic waste into usable hydrogen and some chemicals. The researchers, from the University of Cambridge, have discovered a method that employs quantum dots made of cadmium sulfide for the photocatalysis and degradation of plastics.
In the process of transforming plastic waste into usable hydrogen, referred to as photoreforming, the photocatalyst is dropped onto the plastic, which is then immersed in an alkaline solution. With the help of irradiation using sunlight, the water from solution is reduced to hydrogen and the plastic is simultaneously oxidized to tiny organic molecules.
-China announces 10% tariff on US paraxylene in retaliation, but impact likely limited
China’s Ministry of Commerce Tuesday evening announced in a statement that Beijing would be imposing retaliatory tariffs on $60 billion worth of US imports, including a 10% tariff on US-origin paraxylene.
Initial feedback from market participants suggests that the impact of the tariffs on the Chinese polyester industry will likely be limited. The US accounted for around 8% of the world’s total PX production in 2017, and is not a major exporter of PX to China, industry sources said.
“The current import [volume] from the US to China is small, with South Korea, Japan, and the Middle East accounting for most of the PX imported last year. US exports to Asia can go to other countries, such as Taiwan, which in turn will displace some Asian-origin cargoes to China,” a Chinese end-user said Tuesday.
-Just How Low Can Iran’s Oil Exports Go?
Iran’s oil exports started to fall noticeably in August as key customers in Asia began to curtail oil purchases to either comply with the U.S. efforts to bring Iranian exports to zero, or to win waivers with the U.S. Administration.
Iran’s crude oil and condensate sales fell in August to below 2 million bpd—the lowest level in more than a year, according to tanker tracking data compiled by Bloomberg.
In September, the trend of reduced Iranian oil exports has continued, and analysts expect further cuts from some of Iran’s oil customers.
-To reach EU targets Ireland needs to increase its plastic recycling by 80%
According to Repak, Ireland’s plastic recycling must increase to 175,000 tonnes by 2030 to reach new EU targets.
IRELAND NEEDS TO increase its plastic recycling by 80% to reach EU targets set for 2030, according to Repak.
The not-for-profit recycling company has published its Plastic Packaging Recycling Strategy 2018-2030, calling on the government to establish a plastics working group to help encourage recycling.
According to the company, for Ireland to meet the EU’s targets, the government needs to play a critical leadership role in the coordination of the new strategy in order to achieve a major attitudinal change in society.
-Netstal to showcase Smart Operation at Fakuma
Netstal will be introducing its Smart Operation control option at Fakuma 2018.
The new option for the aXos machine controller offers a sensible separation of the development of applications and the subsequent operation of the machine in the production environment.
Smart Operation is optionally available now for all Netstal machines of the ELIOS and ELION series and existing plants that use an aXos controller can be retrofitted.
Based on the application, all processes can be flexibly defined by in-house experts and the Smart Operation provides users with an innovative operating concept to be used in a production environment.
-Danimer PHA verified as a viable biodegradable alternative to traditional packaging.
Untitled design (28)Danimer Scientific, a developer and manufacturer of biodegradable plastics announced this week that its PHA based product has been verified as an eco-friendly alternative to petrochemical plastics by the University of Georgia (UGA). The polyhydroxyalkanoate (PHA) material is a naturally occurring polyester, which can be incorporated into a flexible packaging structure and one that is certified for marine degradation. UGA’s New Materials Institute found that PHA degrades in both aerobic and anaerobic environments.
-Opec’s problems aren’t over yet! Here’s a new one that the cartel is facing
Exporters’ group has navigated both supply and demand crises
A global recession, both $140 and $30 oil, the US shale revolution, a market-share war, and output cuts. Opec’s 60-year history has rarely confronted a more challenging period than the past decade.
Now, instead of enjoying the higher prices resulting from 18 months of joint production cuts with a coalition of other major producers, the cartel faces new problems. A tweet-happy American president is ramping up geopolitical risk, renewed sanctions are hammering Iran’s exports, Venezuelan production is tanking as its economy collapses, and a political attack from Washington in the form of the NOpec bill.
-OPEC seeks new way forward after decade of turmoil
A global recession, both $US140 and $US30 oil, the US shale revolution, a market-share war, and output cuts. OPEC’s 60-year history has rarely confronted a more challenging period than the past decade.
Now, instead of enjoying the higher prices resulting from 18 months of joint production cuts with a coalition of other major producers, the cartel faces new problems. A tweet-happy American president is ramping up geopolitical risk, renewed sanctions are hammering Iran’s exports, Venezuelan production is tanking as its economy collapses, and a political attack from Washington in the form of the NOPEC bill.
-Swiss consumption of bottled water rises significantly
Before the 1970s, few in Switzerland drank water from anywhere other than kitchen taps or fountains. By 1998, 680 million litres of bottled water a year were consumed. Now the figure is an eye watering 977 million litres, 115 litres per person every year. That is equivalent to nearly 350 small single-use plastic bottles per person per year.
In addition, Switzerland has some of the best drinking water in the world. Some communes get their water from mountain springs, making it better than bottled water – it’s from a similar source but fresher.
-Impossible recycling in the real world Recycling polyethylene terephthalate PET bottles
In the Netherlands, one recycling plant is doing what many in the industry have labelled “impossible”, by recycling household packaging and making a financial success of it. EURACTIV went north of the Belgian-Dutch border to see the operation in action.
At a recycling facility in the town of Geleen, north of Liège and Maastricht, sorting machines, washers and industrial melters run around the clock every day of the year to convert problematic plastic waste into something useful.
-Small traders’ revenue drops as shoppers avoid plastic packaging
As scrutiny increases on plastics use across all industries, new research* from Paymentsense reveals over half (54%) of small retailers have seen sales of plastic packaged goods fall over the last six months.
The research shows that sales of fruit and vegetables wrapped in plastic are most commonly highlighted as down, closely followed by fruit juice and water in plastic bottles. It also underlines how shoppers purchasing habits are evolving, in light of months of mainstream media attention on the subject.
Almost half (49%) of the small retailers surveyed said the number of customers requesting products without packaging has increased over the last six months. Over a third (36%) reported that consumers are now buying more unwrapped goods and using their own bags or containers to transport them. Nearly a quarter (23%) said they had seen a growth in customers requesting products with plastic-free packaging.
-Smart clothing start-up selected for acceleration programme
As part of its recently launched New Business and Innovation Division, ASICS has announced five innovative businesses to benefit from TENKAN-TEN, a unique growth catalyst programme for start-ups disrupting the sports and wellbeing sector.
The five ambitious start-ups – varying from smart fabrics to artificial intelligence and motion capturing apps – were selected from around the world based on their innovative products and services and commitment to inspiring movement in line with ASICS’ founding philosophy of Anima Sana In Corpore Sano – A Sound Mind in a Sound Body.
One of the businesses selected to benefit from the TENKAN-TEN programme, a Japanese expression for Tipping Point, is Pyrates. Founded in Geneva, Switzerland, by Spanish entrepreneur, Regina Polanco, the sustainable clothing company offers high-end performance streetwear with a difference. Through its Pyratex smart fabric technology, the clothing combines protein from organic agricultural vegetation with 17 kinds of amino acids to create an innovative yarn.
-US slaps anti-dumping tariffs on PET resin suppliers USA antidumping tariffs PET resin Taiwan
The US Department of Commerce has imposed anti-dumping tariffs on polyethylene terephthalate (PET) resin suppliers from Taiwan and four other nations for selling their products at unfairly low prices in the US market.USA antidumping tariffs PET resin Taiwan
The punitive tariffs on PET resin firms from Taiwan, South Korea, Brazil, Indonesia and Pakistan were imposed after the department on Tuesday issued an affirmative final ruling on its investigation into the alleged unfair trade practices.
-FlexFilms launches two new advanced BOPET films
FlexFilms, the global film manufacturing arm of Uflex, has launched two new state-of-the-art BOPET Films, at its manufacturing centre in Kentucky, U.S.A.
FLEXMETPROTECTTM F-HBP-M is a metallized biaxially oriented polyester (BOPET) film with a superior gas barrier that offers high moisture and oxygen barrier for virtually all applications including Aluminium foil replacement. High barrier comes from patented BOPET film technology, with high optical density specifically suitable for most flex pack product offerings. This film is 100% web inspected; using our advanced web metallized surface inspection system.
