Plastic petrochemicals recycling Bioplastic 13-11-2018 - Arhive
-China – Polyethylene Terephthalate PET and its chain are assessed mixed.
PET Bottle grade export 1,080/1,120 $/ton – PET Bottle grade domestic market 8,400/8,500 yuan/ton – PET Filament grade SD domestic market 7,950/8,050 yuan/ton – PET Filament grade BR domestic market 7,950/8,100 yuan/ton
PTA Taiwan 865/885 $/ton – PTA domestic market 6,750/6,900 yuan/ton – MEG $ 680/690 $/ton – MEG domestic market 5,800/5,950 yuan/ton – PX Korea 1,110/1,125 $/ton
POY 150D/48F domestic market 8,850/8,950 yuan/ton – DTY 150D/48F domestic market 10,700/10,800 yuan/ton – PSF domestic market 9,100/9,200 yuan/ton
-Europe chems enters new age of uncertainty, but alsoopportunity – Cefic DG
Europe’s chemical industry isbeing subject to new global political andeconomic forces which create uncertainty butalso offer exciting opportunities, according tothe director general at Europe’s trade groupCefic.
Whilst tradetensions, Brexit, and an economic slowdown arecreating nervousness about the future,longer-term issues such as the circular economyand digitisation mean it is also an excitingtime to be working in the chemicals industry,said Marco Mensink.
-November contract price of paraxylene in Europe fell by EUR77.5 per ton
The contract price of paraxylene in Europe for November deliveries was agreed at EUR1,060 per tonne, which is EUR77.5 per tonne lower than the October contractual price of material, ICIS reported on Monday confirming both buyers , and from the sellers in the market.
The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe)
-Crude Oil Prices Trend
-China gets $58bn deals from import expo; consumption stays strong
China has generated dealsworth $57.8bn from its first-ever import expo,while consumption in the world’s second-biggesteconomy still proved to be strong as asingle-day shopping spree in the countryregistered record sales.
The final tally forAlibaba’s 11.11 Global Shopping Festival alsoknown as Singles Day. A new record of more than$30bn in Shanghai, China. (Photo by Ng HanGuan/AP/REX/Shutterstock)
The five-day China International Import Expo(CIIE) in Shanghai which closed on 10 Novemberhas attracted more than 3,600 companies from130 countries and regions keen on tapping theChinese market.
-Feature: UK plastic packaging tax proposal receives mixed reception
PET best placed to take share of other polymers
Market participants have met the UK Government’s new plans to tax plastic packaging with a mix of concern and optimism, while questioning whether the planned tax will be effective.
The announcement in the government’s 2018 Autumn Budget last month of a tax on plastic packaging containing less than 30% recycled content has promised to “reduce the problem of excessive and environmentally harmful plastic packaging.”
Some market participants believe the introduction of the tax in 2022 — which has yet to go through a consultation period — will give further impetus to a “plastic pact” that many in the plastic bottling industry have already signed up to.
-A Line in the Sand: Inside the Global Commitment to Circular Plastics
Following the announcement that over 250 major stakeholders have signed up to the Ellen MacArthur Foundation’s groundbreaking pledge, Tim Sykes spoke to Sander Defruyt (lead, New Plastics Economy initiative) about the vision and its practical implications.
The Ellen MacArthur Foundation (EMF) introduced the New Plastics Economy Global Commitment in Bali on 29-30 October at the Our Oceans conference, establishing a new benchmark in the drive for a circularity in polymers.
-NUS researchers offer solution in fight against fake graphene
A lack of quality control in the graphene market has led to inferior products being touted as high-grade, so now an NUS research team has developed a reliable way to test graphene quality
Ever since the isolation of graphene was first achieved in 2004, there has been an explosion in graphene-related research and development, with hundreds of business opportunists producing graphene to capitalise on this rapidly expanding industry.
However, a new study by researchers from the National University of Singapore (NUS) has uncovered a major problem – a lack of production standards has led to many cases of poor quality graphene from suppliers.
Such practices can impede the progress of research that depend fundamentally on the use of high-quality graphene.
-Solving Microplastic Pollution Means Reducing, Recycling—and Fundamental Rethinking
New practices, and new chemistries, are needed to end the scourge
Solving Microplastic Pollution Means Reducing, Recycling—and Fundamental Rethinking
Rubbish left stranded by the tide on the River Thames. Credit: Anthony John West Getty Images
This is the third of a three-part series that examines our growing understanding of the scope and impacts of microplastics pollution.
At several locations around London last winter and spring, researchers stalked the streets counting the number of discarded plastic water bottles they encountered, as if tallying species across a coral reef.
-Creating a Circular Economy for Plastics
This is the third in a six-part series that explores five focus areas for businesses to address in plastic strategies, accelerate change and pursue the necessary scale of innovation and collaboration to address the plastics challenge. You can read the second blog in this series here.
Our current system is failing to capture the economic benefits of plastics. According to Helen Jordan from the British Plastics Foundation, “we need to stop thinking of plastic as ‘waste,’ but as a renewable resource that needs to be disposed of correctly.”
Society needs to stop thinking of plastic as ‘waste,’ but as a renewable resource that needs to be disposed of correctly.
-Bakken Oil Prices May Drop Further On Capacity Constraints
It’s not only the Permian that is suffering pipeline capacity constraints while oil production is soaring—production in the Bakken in North Dakota has been steadily rising to records while takeaway capacity dwindles, and crude-by-rail offers few options during the coming cold winter months.
Crude oil prices in the Bakken, which have already weakened over the past month with a lot of U.S. refineries out for maintenance, could further slip going forward because production continues to rise while the crude could freeze on the crude-by-rail in cold winters, executives and analysts tell Reuters.
-EU mulls imposing tariffs on Cambodian garments
The European Union (EU) is mulling over imposing tariffs on Cambodian garments.
As Cambodia has failed to respect the democratic and humanitarian principles of the UN charter, the EU’s Lisbon Treaty and the conventions of the International Labour Organisation (ILO) on workers’ rights, European Commissioner Cecilia Malmstrom sent a warning to Cambodia last month.
-A digital and sustainable future for warp knitting
Karl Mayer, the leading German warp knitting machinery manufacturer, welcomed 760 visitors at last month’s five-day-long ITMA Asia + CITME trade fair, with the company’s stand being particularly busy during the first three days of the fair.
Roughly 300 participants also visited the in-house show at Karl Mayer (China), which was held at the same time.
“ITMA Asia + CITME 2018 was a successful show, with many visitors from China and also from other countries in and around Asia.
Our stand was THE meeting-point for the sector, with its modern design, innovative machines and solutions designed to cater for current trends.
-US crude falls for 11th straight session, its longest losing streak on record
Oil prices turned negative amid a sell-off in the U.S stock market and renewed dollar strength, which makes crude more expensive in emerging markets.
U.S. crude fell for an 11th straight day, posting its longest longest losing streak on record.
Crude futures fell despite growing signs that OPEC and its allies are moving towards a fresh round of production cuts aimed at preventing oversupply.
Conventional methods produce by-products making large-scale FDCA production difficult, while this new method yields FDCA efficiently without by-products formation. Credit: Kim M., et al., Angewandte Chemie International Edition, May 14, 2018
Scientists have discovered a novel method to synthesize furan-2,5-dicarboxylic acid (FDCA) in a high yield from a glucose derivative of non-food plant cellulose, paving the way for replacing petroleum-derived terephthalic acid with biomaterials in plastic bottle applications. Production biobased plastic bottles
