Plastic petrochemicals containers recycling 05-12-2018
-China – Polyethylene Terephthalate
PET and its chain continue to go
PET Bottle grade export 1,040/1,080 $/ton – PET Bottle grade domestic market 8,400/8,500 yuan/ton – PET Filament grade SD domestic market 7,800/7,950 yuan/ton – PET Filament grade BR domestic market 7,900/8,000 yuan/ton
PTA Taiwan 850/860 $/ton – PTA domestic market 6,300/6,400 yuan/ton – MEG $ 715/730 $/ton – MEG domestic market 6,100/6,200 yuan/ton – PX Korea 1,000/1,015 $/ton
POY 150D/48F domestic market 8,400/8,500 yuan/ton – DTY 150D/48F domestic market 10,150/10,250 yuan/ton – PSF domestic market 8,750/8,850 yuan/ton
Radici Group, a large Italian corporation, a manufacturer of polyester yarns in Europe, has not yet removed force majeure for polyamide (PA 6.6) from its plant in Novara (Novara, in the Italian region of Piedmont), reports ICIS with reference to a source in the market.
The company was forced to announce force majeure for deliveries from this enterprise with a capacity of 90 thousand tons of PA per year in February 2018 due to a shortage of raw materials.
-Crude Oil Prices Trend
Carbon Fibre Composites Market, one of the pronounced verticals of polymers and advanced materials domain, over the years, has witnessed a commendable surge with regard to its application arena.
The worldwide carbon fibre composites industry in 2016 held a revenue of USD 16 billion, driven by its efficiency oriented demand from myriad end-use sectors, profoundly the aerospace and automotive.
The rising trend of reducing overall vehicle weight and improving fuel efficiency, as per reports, has been one of the most crucial factors propelling carbon fibre composites market demand in these sectors.
Useful products could be generated from biodegrading plastics, researchers say. In a review published in the journal Microbiology, Tanja Narancic and Kevin O’Connor discuss the advances made in biodegradation of fossil-based plastics, the design of plastics for biodegradation and how microbes can transform plastic waste into useful products.
The Dublin-based researchers report on the use of microbes and their enzymes to degrade plastics such as polyethylene (PE) and polyethylene terephthalate (PET), which are commonly used to produce plastic bags and bottles.
Dubai |The almost 30 per cent tumble in oil prices since early October makes this week’s gathering of Opec in Vienna the most keenly anticipated since 2016.
The 15 members of the production cartel including Saudi Arabia and Kuwait and allies from outside the group, including Russia, will meet on Thursday and Friday to decide whether they can agree to cut output to help prop up the market.
The consensus is that the meeting in Vienna will deliver a deal to lower output that goes some way to arresting a further drop in prices.
Less clear is the size of the cut that can be agreed, with Opec kingpin Saudi Arabia facing pressure from US President Donald Trump — a key political ally — to keep output high and prices down.
On November 30, 2018, three U.S. producers of polyethylene terephthalate (PET) resin — DAK Americas LLC, Indorama Ventures USA Inc., and Nan Ya Plastics Corp., America — filed an appeal with the U.S. Court of International Trade.
The domestic producers have requested the court’s review of the U.S. International Trade Commission’s (ITC) recent negative injury determination in the antidumping (AD) investigations on imports of PET resin from Brazil, Indonesia, Korea, Pakistan, and Taiwan.
The domestic producers’ appeal charges that several key findings are not supported by the record compiled by the Commission.
Further, the ITC erred by ignoring critical data and failing to address or explain a number of important issues in the case.
EREMA announced in a presentation at the PETnology conference in Paris, its newly developed VACUNITE technology.
The new bottle-to-bottle process for food-contact-grade rPET pellets demonstrates high efficient decontamination, compact design and low energy consumption.
In VACUNITE EREMA brings together its VACUREMA technology with the newly patented, vaccumm-supported nitrogen SSP from Polymetrix.
The process is based on the combination of VACUREMA technology which has been enhanced for this application and the newly patented, vacuum-supported nitrogen SSP from Polymetrix.
A 100% biodegradable bottle made from sugar cane is being manufactured by the Air Water company. The company introduced machines that make water from the air to SA about 12 years ago, and it has embarked on a “Zero Plastic, Zero Harm” campaign.
Speaking to Kieno Kammies on the Breakfast Show on CapeTalk, Ray De Vries, founder and CEO of Airwater said the idea emerged during the Cape Town drought.
The process of making these bottles involves the sugar cane fiber and a polylactic acid being used to make the bottle. The beauty of it is that it is 100% compostable.
The German plastics packaging industry has set itself ambitious but realistic targets to strengthen closed loop recycling and take a stand against the sweeping condemnation of plastics packages in the negatively charged public debate.
Under the umbrella of the IK Industrievereinigung Kunststoffverpackungen (German Association for Plastics Packaging and Films), the industry, which comprises mainly medium-sized businesses, has set a target of at least one million tonnes of recycling material or renewable raw materials to be used in the production of plastics packaging in Germany by 2025.
Elizabethtown, Ky. – FlexFilms, the global film manufacturing arm of Uflex, has been granted United States Patent covering entire categories of Formable Films that include one or more BOPET layers used in Alu Alu blister packaging.
The patent US 10131122 was issued to Flex Films (USA) Inc on November 20, 2018 for a period of 20 years, lending a competitive advantage to the Films Business of the company over its opponents in cold formed pharmaceutical packaging industry.
With the patent issuance, the company gets exclusive right of manufacturing & sale of this special BOPET film in US, Europe and India.
This patent has a uniqueness of forming characteristic of BOPET film in Z direction during packaging application.
There is a pause but the spectre of the US-China trade dispute still hangs over the global economy and chemicals trade.
Chemical markets in China reacted positively to the 90-day hiatus in tariff hikes agreed between President Xi Jinping and US President Donald Trump over the weekend at the G20 summit in Argentina.
Polyethylene futures prices on the Dalian exchange were up on Monday as were PE daily prices.
The more widespread reaction saw stock prices up in the Asia and European markets and February Brent up around $3/bbl on the previous close.
Dow Chemical has settled its November domestic polyethylene contract pricing at a discount, but is adding a proposed January hike to its previously announced December increase, the company said in a letter customers obtained Tuesday by S&P Global Platts.
Dow’s November discount for US contract PE buyers came to 3 cents/lb ($66/mt), the December 3-dated letter said, in line with decreases previously confirmed by market participants.
Graphene has not become the next big thing because of silicon impurities holding it back, RMIT researchers have said.
Researchers from RMIT have fingered silicon as the reason why graphene has not become the next big thing in electronics.
The team led by Dr Dorna Esrafilzadeh and Dr Rouhollah Ali Jalili looked at a number of commercial graphene samples with a scanning transition electron microscope and found high levels of silicon contamination, which the team said led to degraded performance of up to 50 percent