Plastic petrochemicals carbon fibre 14-12-2018
-China – Polyethylene Terephthalate
PET and its chain continue to be assessed mixed.
PET Bottle grade export 1,040/1,090 $/ton – PET Bottle grade domestic market 8,350/8,500 yuan/ton – PET Filament grade SD domestic market 8,100/8,250 yuan/ton – PET Filament grade BR domestic market 8,150/8,300 yuan/ton
PTA Taiwan 855/865 $/ton – PTA domestic market 6,600/6,750 yuan/ton – MEG $ 680/690 $/ton – MEG domestic market 5,750/5,900 yuan/ton – PX Korea 1,030/1,045 $/ton
POY 150D/48F domestic market 8,650/8,800 yuan/ton – DTY 150D/48F domestic market 10,450/10,550 yuan/ton – PSF domestic market 9,000/9,100 yuan/ton
Consumer interest in polyethylene terephthalate (PET) in the Persian Gulf region declined after rising prices for PET and raw materials last week, ICIS reports, citing market participants.
The spot PET prices in the region on CFR terms were USD1,130-1,180 per tonne per week ending December 6th, which is USD30-40 per tonne higher than a week earlier.
Some price proposals for materials of Asian origin were at the level of USD1,100 per tonne, CFR GCC on December 13th.
-Crude Oil Prices Trend
“It surprises me that people are still interested in graphene,” Kostya Novoselov told attendees at the launch of the second world class graphene centre in Manchester, UK. Novoselov was awarded the 2010 Nobel laureate for his work isolating the material alongside Andre Geim at the University of Manchester.
His remark highlights how unusual it is for an area of research to be simultaneously prolific in both fundamental discovery while also finding its foothold in industry.
That two institutes dedicated to both aspects of the same material have found room to coexist in one city speaks volumes about the continued perceived potential of research in graphene and related materials, as well as the investment they still manage to attract.
Can it outlive the hype? The level-headed engineers and partners at the Graphene Engineering and Innovation Centre (GEIC) put forward a convincing case that it can.
Prasang Singh Parihar, Management Trainee at Rashtriya Ispat Nigam Limited or Vsp (2018-present)
The carbon fiber itself will withstand incredibly high temps. The weak point will be the epoxies or the resins.
Ambient-cured epoxies will typically begin breaking down around 100 °C. The heat-cured epoxies that will go up to around 300 °C.
As you get into the high temp ratings, the epoxies get trickier to handle, install, cure.
Active and passive safety have typically been categorised separately, though automotive components maker ZF is likely to blur that line a little, with its development of external pre-crash airbags. These aim to create an external crumple zone which can be deployed immediately prior to a collision.
Restraint systems such as airbags are undergoing changes with regard to autonomous vehicles with new seating configurations, which presents a new set of challenges for airbag systems. “Occupant safety is paramount when developing new systems for automated and autonomous driving,” said ZF head of passive safety division Michael Büchsner.
They are facing a consumer backlash and more regulation, so they are trying to change the discussion.
Plastic water bottles are a scourge that we have been writing about since TreeHugger started.
As Elizabeth Royte noted in her book Bottlemania, it was all part of a plot to get us hooked and convince us that recycling made it all fine.
…as one Pepsico marketing VP said to investors in 2000, “When we are done, tap water will be relegated to showers and washing dishes.”
And don’t call those bottles garbage; Coke’s “Director of Sustainable Packaging” says, “Our vision is to no longer have our packaging viewed as waste but as a resource for future use.”
“Biomass is the key ingredient that a plastics circular economy must rely on,” stated Stephen Wetmore of WWF South Africa at this year’s European Bioplastics conference. The vast majority of delegates came to Berlin already committed to the proposition that bioplastics are the logical conclusion to the plastic waste problem that has dominated the agenda in 2018, and as such it was perhaps appropriate that the conference agenda was preoccupied with issues around end of life. Tim Sykes reports.
The 2018 European Bioplastics conference was very much framed around how to deliver circularity in plastics based on renewables, and we benefited from extended discussion of biodegradation, composting, and recycling.
If you want to know who really controls Aquafil S.p.A. , then you’ll have to look at the makeup of its share registry.
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies.
Companies that have been privatized tend to have low insider ownership.
With a market capitalization of €483m, Aquafil is a small cap stock, so it might not be well known by many institutional investors.
In the chart below below, we can see that institutions own shares in the company.
Let’s delve deeper into each type of owner, to discover more about ECNL.
Latin American polyethylene (PE) prices are headed down, under pressure from lower crude oil prices worldwide and long supply in the US Gulf, where production capacity has increased in 2018.
Polypropylene is also weakening in most of Latin America but holding steady in Mexico.
Another important factor has been the impact of a strong US dollar in local currencies.
This has been more noticeable in Argentina, where the local currency has had a strong devaluation in 2018.
However, a strong dollar has affected many other Latin American nations as well.
North American prices for PET bottle resin fell 6 cents in November, reflecting an expected seasonal decline.
Market watchers cited lower demand and improving supplies of purified terephthalic acid and other raw materials as reasons for the November decline, which was expected by many buyers.
Demand for bottle resin typically declines in the fall and winter months, the result of declining sales of bottled water and carbonated soft drinks.
IN October, regional PET bottle resin prices declined by an average of 1 cent per pound which, ended a streak of two consecutive monthly price hikes.
Prices had jumped 6 cents per pound in September after a 2-cent hike in August.
Bioplastics have been touted as an environment-friendly and climate-friendly replacement for conventional petroleum-based plastic, but a new study at the University of Bonn blows a hole in that belief.
A major new polypropylene plant under construction in Calgary, Alberta, is on track to begin production in the second half of 2021.
The plant, along with a propylene monomer unit at the same site, is being built by Inter Pipeline Ltd. David Chappell, petrochemical development senior vice president with the company, provided an update on the project Oct. 31 at Global Plastics Summit 2018 in Chicago.
The PP and propylene units each will have annual capacity of more than 1.1 billion pounds. The propylene unit will use propane dehydrogenation technology. The site, part of the Heartland Petrochemical Complex, is expected to be employ 3,000 construction workers by next summer, Chappell said.
After a turbulent two months during which oil prices plummeted from a four-year high to a one-year low, investors may wonder what comes next for U.S. crude.
Analysts at Swiss bank UBS are among those who predict prices will recover in 2019, as oil cartel OPEC, the U.S. and Russia curb output from the current record level.
“We believe the market’s cautious turn is overdone,” UBS analysts wrote in their recently published 2019 outlook. “On balance, we keep a positive view on crude.”
BASF SEStefan Gräter, left, and Andreas Kicherer , director of sustainability strategy for BASF SE with a sample of pyrolysis oil and plastic pellets made using the process.
BASF SE is advancing its plastics recycling ambitions with a new ChemCycling project, which involves using mixed plastic waste to produce virgin polymers.
As part of the project, the company has formed a partnership with another German company, Recenso GmbH, which has developed a process to convert mixed plastic fractions into processing oil.
Recenso’s catalytic tribochemical conversion (CTC) process is a single-step catalytic liquefaction process using a combination of thermal, catalytic and physical forces for cracking hydrocarbon.
The oil it produces can either be used for energy purposes or as secondary raw material in the chemical and petrochemical industry.
Oil prices rose on Wednesday, bolstered by export cuts from Libya and planned OPEC-led production cuts, pulling back briefly after the United States reported a smaller-than-expected crude inventory drawdown.
US crude stockpiles fell 1.2 million barrels last week, the Energy Information Administration said, a much smaller drawdown than 10 million barrels reported by industry group the American Petroleum Institute on Tuesday and less than half the draw of 3 million barrels analysts had forecast.
“The divergence from the large inventory decline reported by the API makes the report appear more negative than it actually was,” said John Kilduff, a partner at Again Capital Management in New York.