Plastic chemicals recycling biodegradable 11-10-2018
-China – Polyethylene Terephthalate and its chain decrease with the resizing of crude oil price
PET Bottle grade export 1,240/1,280 $/ton – PET Bottle grade domestic market 9,900/10,000 yuan/ton – PET Filament grade SD domestic market 9,800/9,900 yuan/ton – PET Filament grade BR domestic market 9,750/9,850 yuan/ton
PTA Taiwan 1,030/1,040 $/ton – PTA domestic market 7,850/7,950 yuan/ton – MEG $ 860/870 $/ton – MEG domestic market 7,200/7,350 yuan/ton – PX Korea 1,325/1,335 $/ton
POY 150D/48F domestic market 11,200/11,300 yuan/ton – DTY 150D/48F domestic market 12,700/12,800 yuan/ton – PSF domestic market 10,600/10,700 yuan/ton
China’s largest producers of polyethylene (PE) and polypropylene (PP) – PetroChina and Sinopec – on October 9 raised their prices for polymers in China’s eastern region for October shipments, ICIS reported. Petrochina Sinopec October PE PP prices East China
Thus, the selling prices of various brands of PP were increased by 150-200 yuan (CNY), respectively, due to the growth of domestic quotations in the Chinese market at the beginning of this week. Petrochina Sinopec October PE PP prices East China
And quotes for some brands of low and high pressure polyethylene (HDPE and LDPE) of PetroChina and Sinopec companies increased by CNY100-300 per ton, respectively.
If oil prices head above $100 a barrel, it could shave 0.2 percentage points from global economic growth next year -but this hinges crucially on the dollar, according to Bank of America Merrill Lynch.
Sanctions on Iran, shale bottlenecks, Venezuelan turmoil, and increased demand pose an upside risk to prices, the bank said in a research note.
Higher prices would slow growth in the eurozone, UK, and Japan though rampedup energy production in the US, Australia, and Brazil would likely cushion the blow to the world’s economy, it said. The dollar is the swing factor, according to economists Ethan Harris and Aditya Bhave.
A stronger US currency would “polarise outcomes further”, with oil importers suffering more and producers benefiting, while a weaker US currency would “play the role of equaliser”, they said.
-Crude Oil Prices Trend
Oil prices fell sharply Wednesday, in line with a big drop in stocks on Wall Street and as investors awaited a report expected to show a third-straight weekly rise in U.S. oil inventories.
Light, sweet crude for November delivery ended 2.4% lower at $73.17 a barrel on the New York Mercantile Exchange, its lowest settle value in nearly two weeks. Brent crude, the global benchmark, was 2.2% lower at $83.09 a barrel.
The Energy Information Administration is due to release its weekly report on U.S. oil inventories Thursday morning. Analysts surveyed by The Wall Street Journal expect, on average, a 1.5-million-barrel increase in crude-oil stockpiles for the week ended Oct. 5, which would follow increases each of the previous two weeks.
The Gneuss MRS Recycling Process has been approved worldwide for food packaging, including in Europe where it has passed the EFSA challenge test for the processing of 100 per cent post-consumer PET.
This approval is for the Gneuss PET process for recycling PET post-consumer and post-industrial waste to sheet for thermoforming to food contact containers, a significant contribution toward increasing polymer recycling.
A study by the British charity for promoting recycling, “Waste and Resources Action Programme” (WRAP) in 2016 showed that with the help of the Gneuss Recycling Process, it was possible to take post–consumer thermoformed PET pots, tubs and trays from household waste and recycle them back into the same products, for food contact.
PET bottle recycling rates in Europe are improving but collection remains a key challenge according to a report published by Wood Mackenzie Chemicals earlier this month.
The collection rate for PET bottles during 2017 rose to nearly 2 million tonnes in Europe, 6.3% higher than 1.88 million tonnes collected the previous year, according to “rPET study – West Europe 2017”.
Total production of PET bottles rose 3% year-on-year to 3.2 million tonnes in 2017, making it a “rollercoaster year” of high demand and capacity shortages.
“With exceptionally good weather in Europe boosting demand and capacity outages impacting output, the European virgin PET resin market environment rapidly shifted from one of excess supply to supply challenges,” said Helen McGeough, Wood Mackenzie Chemicals senior consultant, commenting on the findings of the study.
ENGEL’s inject 4.0 is as much about technology as it is about philosophy. After the inject 4.0 conference in Linz, Austria, in June this year, we caught up with Paul Kapeller, Product Manager of Digital Solutions, about where next for the inject 4.0 mission and how much further the injection moulding giant believes it can be taken.
For ENGEL, inject 4.0 means opening up the possibilities of injection moulding for its customers to improve their production. This is achieved through applying technologies that enable integration with the entire factory floor, making a smart factory, utilising automation and control technologies to optimise systems and enable data gathering.
Now, the Schwertberg-headquartered industry goliath is taking the concept of inject 4.0 even further, by making the system horizontal, so it applies to more than just the injection moulding machine, enabling cross-system communication to empower users to maximise the potential of their production.
More than 500 exhibitors from 14 countries and regions will showcase an extensive range of yarn and fibre products at the Shanghai National Exhibition and Convention Center next week. These exhibitors, as the largest gathering ever seen at the fair, are set to welcome a wide variety of visitors throughout the textiles supply chain from 15-17 October, solidifying the status of Yarn Expo as the leading first stop of every textile sourcing season. The fair will take place this edition alongside ITMA Asia + CITME.
“For those looking for the industry’s latest innovations, Yarn Expo Autumn is the place to be.
Direct-to-Consumer Marketing Campaign Promotes Advanced LYCRA® Fiber Innovations
The “LYCRA® Insiders” program and its tagline, “It’s what’s inside that matters most,” advise consumers to look for advanced LYCRA® fiber technologies inside their clothes if they want to experience lasting comfort, fit and performance.
INVISTA, owner of the LYCRA® brand portfolio of spandex fibers, today announced the launch of its global consumer marketing campaign, “LYCRA® Insiders,” developed with Refinery29, the leading digital media and entertainment company for young women.
“Comfort and performance matter most, so our influencers will demonstrate how leggings made with LYCRA® SPORT technology have it all.”
Vietnam’s polyethylene prices are expected to weaken in early 2019 as surging resin imports outpace single-digit demand growth, industry sources said on the sidelines of VietnamPlas 2018 in Ho Chi Minh City.
Register Now “In the short term, because of the US-China trade war, we forecast that the local polyethylene market price will be on a downward trend because of supply [outpacing] demand,” a source from Mitsubishi Corporation Vietnam said.
Vietnam’s imports of US-origin PE were estimated to have surged to 10,000-20,000 mt/month in August and September as US cargoes were increasingly diverted to Vietnam to avoid China’s newly-imposed tariffs, industry sources said.
This is up from imports of 6,300 mt in July, and from 3,500 mt/month over the first half of 2018, the sources said.
As the calendar flipped to October, the spot resin markets were off to the races! It was a surprisingly busy start to the fourth quarter, which had every right to be quiet given the lack of fresh offers and a $0.02 to 0.04/lb polyethylene (PE) price increase on the table, reports the PlasticsExchange (Chicago) in its Market Update.
Demand remained robust, however, particularly among the reseller community, as sentiment has turned moderately bullish, and the buying continued. Processors were also back in the market and not afraid to pay a penny higher than in the previous week.
Polypropylene (PP) activity was a bit sporadic, both on the supply and demand side, and transactions were conducted amid a huge range of prices—anywhere from the mid-$0.60s per pound for off-grade homopolymer (HoPP0 in Houston to the mid- to high-$0.80s per pound for domestic Prime copolymer (CoPP). Exports continued to flow, helped along by ever-rising oil prices, which are supportive of international PE and PP levels.
China’s key domestic petrochemical markets opened strong in the week on firm demand following the country’s long holiday.
On 8 October, polypropylene (PP) prices were bolstered by gains in the futures markets, while polyethylene (PE) values increased amid lower-than-expected inventory levels.
At the Dalian Commodity Exchange (DCE), the January 2019 PP surged 4.11% to yuan (CNY) 10,386/tonne; while linear low density polyethylene (LLDPE) futures rose 2.7% to CNY9,715/tonne.
In July of this year, ALPLA announced its intention to purchase all the shares in the Greek company Argo S.A. Following verification and approval of the transaction by the competition authorities, the purchase was completed on 1 October.
Both locations in Greece and Romania are now 100% owned by ALPLA, and form part of the Central and Eastern Europe (CEE) region. ALPLA had already acquired the Egyptian production site of Argo S.A. at the end of 2015.
The Koropi location near Athens is ALPLA’s first production facility in Greece. With the addition of the Berceni factory near Bucharest, the packaging specialist now has a total of four factories in Romania.
With pharmaceutical companies constantly looking for ways to improve their product packaging with performance-driven, cost-effective solutions, there is an alternative to traditional structures that is making its way into the main stream. Super barrier coated films are now being considered for pharma and other healthcare applications.
Tekni-Films, a Tekni-Plex business, has introduced SBC 240 as a performance and improved-cost alternative for 4- and 6-mil PCTFE laminations and cold formed foil for blister applications. This thermoformable film has exceptional moisture and oxygen barrier properties and is designed to meet the needs of pharmaceutical and other healthcare applications. The triplex structure is ideal for applications such as pharmaceuticals, nutraceuticals, probiotics and other related products.
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Coke-branded plastic trash found in 40 of the 42 countries according to a Greenpeace audit
London — Drink companies Coca-Cola, PepsiCo and Nestlé were found to be the world’s biggest producers of plastic trash, a report by environmental group Greenpeace said on Tuesday.
Working with the Break Free From Plastic movement, Greenpeace said it orchestrated 239 plastic clean-ups in 42 countries around the world, which resulted in the audit of 187,000 pieces of plastic trash. The aim was to get a picture of how large corporations contribute to the problem of pollution.
Plastic carrier bags and other garbage pollution in ocean
Single-use plastic items such as plates, cutlery or cotton buds, making up over 70% of marine litter, will be banned under plans backed in the Environment Committee.
Single-use plastic products such as cutlery, cotton bud sticks, plates, straws, beverage stirrers and balloon sticks will be banned from the EU market from 2021, under draft plans approved on Wednesday by the Environment and Public Health Committee.
In the report drafted by Frédérique Ries (ALDE, BE), adopted with 51 votes to 10, with 3 abstentions, MEPs added to this list: very lightweight plastic bags, products made of oxo-degradable plastics and fast-food containers made of expanded polystyrene.
Spectra has supplied Firmdale Hotels with its new sugarcane-based PET biopolymer packs.
Spectra worked with Firmdale to help them switch to more environmentally friendly packaging for their RIKRAK range of bath products.
Produced using ethanol from the waste of sugarcane as opposed to conventional polymers that contain fossil-based raw materials, Spectra’s sugarcane-based biopolymer captures CO2 from the atmosphere, helping to reduce greenhouse gas emissions.
Research and development projects are under way in several countries aimed mainly at recovering natural/synthetic fibres to provide the garment industry with new raw materials or transforming/agglomerating textile materials essentially for insulation purposes.
Some other projects, meanwhile, are focused on automation of material sorting. “These works – essential for the future of our profession – must be carried out while preserving the share of tonnages sorted for reuse,” insists Mehdi Zerroug of Framimex in France. “The essential economic and ecological value of our industry lies in reuse.”
In his opening address to the BIR Textiles Division meeting in London on October 6, the body’s President also underlined the need to educate members of the public that they can deposit all used clothes – “even those of good quality”.
The unique slimline wine bottle in 100 per cent recycled PET for the mail-order market, made by RPC M&H Plastics, has been named Best Recycled Plastic Product of the Year at the recent Plastic Industry Awards.
Created by Garçon Wines, the bottle design conforms to the traditional Bordeaux wine bottle shape, but its flat profile means it is able to fit securely and conveniently through a standard sized letterbox. The bottle is 87 per cent lighter and 40 per cent spatially smaller than a normal wine bottle which, together with the fact that its letterbox size ensures no missed deliveries, hugely reduces carbon emissions from the wine supply chain.
The bottle is also fully recyclable, enabling further bottles to be produced and providing a closed loop solution in line with circular economy principles.