Plastic Petrochemicals recycling bioplastics 30-10-2018 - Arhive
-China – Polyethylene Terephthalate: Bottle Grade is steady while Filament Grade is always weak.The prices of upstream chain are assessed mixed.
PET Bottle grade export 1,170/1,200 $/ton – PET Bottle grade domestic market 9,150/9,250 yuan/ton – PET Filament grade SD domestic market 8,900/9,050 yuan/ton – PET Filament grade BR domestic market 8,900/9,000 yuan/ton
PTA Taiwan 945/955 $/ton – PTA domestic market 7,100/7,200 yuan/ton – MEG $ 795/815 $/ton – MEG domestic market 6,800/6,900 yuan/ton – PX Korea 1,215/1,225 $/ton
POY 150D/48F domestic market 9,800/9,900 yuan/ton – DTY 150D/48F domestic market 11,700/11,800 yuan/ton – PSF domestic market 9,950/10,050 yuan/ton
-Data from the 2018 Greenitaly Report of Fondazione Symbola and Unioncamere
Italian Language Only
A quarter of Italian companies (345,000) over the past 5 years have focused on the Green Economy to overcome the crisis and face the future.
They are more competitive, they export and take on more energy and talent to be exploited also for the fight against climate change: a challenge for the economy and innovation, and an opportunity for made in Italy.Presentation of the 2018 Greenitaly report by Symbola and Unioncamere.
In Italy 3 Millions of Green Jobs, 13% of the employed this year 474,000 new contracts activated Italy first among the big EU for wealth produced per materia unit: 4 € of GDP / Kg and first for recycled waste: 79% of the total.Realacci: “The Green Economy in Italy crosses innovation, quality, beauty and brings new competitiveness to companies and the country. Italy is a superpower in the Circular Economy ”
Rome, 30 October 2018.
-Vietnam emerges as key beneficiary of trade war
US and Chinese companies weigh Southeast Asia as new supply base
Both American and Chinese companies say that the trade war is causing them to lose market share to Vietnamese competitors. (Photo by Ken Kobayashi)
Vietnamese companies are emerging as key winners of the trade war between the U.S. and China, according to a new survey of companies from the two nations.
Both American and Chinese companies participating in the survey, published on Monday by the Guangzhou-based American Chamber of Commerce in South China, said that as a result of the trade conflict, they have been losing market share, especially to companies from Vietnam.
Chinese companies reported also losing sales equally to companies from India, the U.S. and South Korea. For American companies by contrast, Germany and Japan were the next keenest rivals.
Three major paraxylene producers in the Asian region have announced their contract prices for November supplies of paraxylene to Asia at USD1,320-1,350 per tonne, sources in the market told ICIS .Paraxylene producers Asia prices November
In particular, South Korean SK Global Chemicals (SKGC) set paraxylene contract prices for November at USD1,350 per ton, while Japanese Idemitsu Kosan and
JX Nippon Oil & Energy called their contract prices at USD1,330 and USD1,320 per ton, respectively.Paraxylene producers Asia prices November
–Crude Oil Prices Trend
ProTec Polymer Processing GmbH (Bensheim, Germany) introduced its Somos Perfoamer physical plastics foaming system at Fakuma in Friedrichshafen, Germany, last week.
The system comprises a conditioning and an impregnating unit, where the pellets are processed before being fed to the injection molding machine.
The Perfoamer lets plastics processors reap the benefits of the Plastinum Foam Injection Molding process, jointly developed by Linde and Kunstoff-Institut Lüdenscheid, at an industrial scale, said Hans Schnell, Senior Technical Expert, Projects and Processing.
-Hammond opts for plastic packaging tax
Chancellor Philip Hammond is to impose a tax on plastic packaging with insufficient recycled content.
In his Budget speech he stopped short though of introducing a tax on disposable plastic drinks cups, but signalled the possibility of an incineration tax in future.
The chancellor (pictured) said: “There will be a new tax on the manufacture and import of plastic packaging which has less than 30% recycled plastic content.”
He is to consult on the scheme’s detail and timetable and said he had acted because the UK should: “Lead work to rid oceans and environment of plastic waste.”
-Pepsi parent company pledges to increase use of recycled plastic
The goal calls for 25 percent recycled plastic in packaging by 2025
PepsiCo has announced a new goal to reduce its use of plastic packaging and increase its use of recycled plastic.
The food and beverage manufacturer said it aims to use 25 percent recycled content in its plastic packaging by 2025. The pledge comes at a time when businesses are under increasing pressure to curb the use of plastic, which often ends up in the world’s oceans.
The company said it will collaborate with suppliers and partners and try to increase consumer education about curbing plastic pollution. It also said improved recycling infrastructure and regulatory reform are needed to achieve its goal.
Specifically, PepsiCo has a goal of using 33 percent recycled PET (polyethylene terephthalate) content in beverage bottles by 2025.
-SC Johnson and Plastic Bank to Open New Blockchain Rewards Recycling Centers in Indonesia
New-Blockchain-Rewards-Based-Recycling-Centers-Planned-for-Indonesia-Battling-Plastic-Pollution-Crisis
Plastic Bank has been slowly and steadily proving themselves as an eco-friendly platform, urging consumers to pick up plastic and recycle. In return, the participant is provided with digital asset rewards. They have already started their efforts in several areas, but their latest collaboration will involve SC Johnson, a United States manufacturer of household cleaning supplies.
SC Johnson owns many major brands in the grocery industry, like Glade, Ziploc, and Mr. Muscle. Every one of these brands tends to use a substantial amount of waste, and a recent study examined the effect that plastic pollution has on the ocean. The study revealed that over 55% of the waste that the ocean takes in come specifically from five Asian countries – China, Indonesia, the Philippines, Vietnam, and Thailand.
-How can holistic packaging design alleviate marine litter?
A new white paper distills scientific research on the effects of plastic on ocean ecosystems and recommends ways the packaging industry can help reduce the amount of marine litter.
A white paper released today by non-profit foundation Ocean Wise and PAC Packaging Consortium (PAC) addresses the issue of plastic pollution caused in marine environments by packaging litter.
The report, titled “Ocean Plastics: What the Packaging Industry Can Do,” notes that microplastics—bits of plastic smaller than 5 mm—pose a major hazard to aquatic life and recommends taking a more holistic approach to packaging design to help reduce the amount of plastic that makes its way into the ocean.
The white paper proposes that such elements as single-use and small-format packaging and lightweight 2D items like lids and caps be redesigned to discourage the separation of elements, so they’re recycled together.
Optimizing packaging would include re-evaluating the correct amount of packaging to avoid unnecessary waste.
Ensuring that packaging can be collected and reused is also key.
The paper is being released in conjunction with an on-site meeting today at Vancouver Aquarium, an Ocean Wise initiative, which is part of PAC’s Innovation Roadshow.
-Borealis to ‘more than quadruple’ its plastics recycling by 2025
Borealis has committed to increasing its recycled plastics volumes by more than fourfold by 2025, as part of the New Plastics Economy Global Commitment, which the Austrian polymers and fertilizers major signed on Monday.
Plastics recyclingThe commitment, titled ‘A Line In The Sand’, is an initiative driven by the Ellen MacArthur Foundation with the aim of creating a new normal for plastic packaging.
So far, it has been signed by over 250 organisations, including companies that collectively represent 20% of all plastic packaging produced globally.
Targets of the initiative also include:
– Eliminate problematic or unnecessary plastic packaging and move from single-use to reuse packaging models.
– Innovate to ensure 100% of plastic packaging can be easily and safely reused, recycled, or composted by 2025.
-Reifenhäuser Cast Sheet Coating is introducing a new generation of PET thermoforming sheet lines
Following the big success of the 2013-release high-performance extrusion lines for PET thermoforming sheets with the patented mechatronic polishing stacks of the MIREX-MT-V design series, the next generation of this line type was presented this year.
As in the past, the heart of these lines is the tried-and-tested synchronous “REItruder” twin-screw extruders, which are now in their third generation.
In combination with dry-running high-performance vacuum pumps that work with an operating pressure of 5 mbar, and the degassing units on the REItruder that have continuously been optimized through the years, the systems meet the FDA requirements (N.O.L for Recycled Plastics #209) for films that are made of 100% recycled PET and are in direct contact with food.
-EMEA petrochemical outlook, w/c Oct 29
The eagerly awaited European ethylene contract for November will settle this week.
OLEFINS
The ethylene market was expected to remain well supplied and pressure on prices was seen coming both from feedstock naphtha and downstream polyethylene. The November contract for propylene will also settle this week. Expectations in the market ranged from a rollover to a small fall. Propylene was expected to remain well supplied in the spot market as downstream demand has fallen on the back of downstream shutdowns. The butadiene market’s November contract price settled down Eur100/mt ($114/mt) to Eur1,075/mt last week, while the spot market also weakened on low demand from export markets and declining prices in Asia.
POLYMERS
The European PE market will keep its ears close to the ground for any US origin offers that may emerge. Imported cargoes, both from the US and the Middle East, were expected to keep the European PE prices under pressure. Competitively-prices PE from the US has already led to softening prices in African and Turkish markets, and some African market participants expected that trend to continue into November. Polypropylene prices have come under pressure and, with feedstock bearishness, that trend was expected to continue.
Faurecia is bidding to acquire Clarion, in a move to strengthen its position as a major supplier of cockpit systems at a time when car interiors are being transformed.
The French automotive supplier said the acquisition of Clarion, which makes in-vehicle infotainment, HMI and connected driver-assistance systems, will give it a stronger position in the market for cockpit electronics.
“It would position us as a leading player for cockpit systems integration, able to offer unique user experiences,” Faurecia CEO Patrick Koller said in a statement.
-Germany’s BASF scoops second China chemicals deal in four months
Chemical giant BASF said on Monday it had signed a memorandum of understanding (MoU) with China’sSinopec Corp to build a steam cracker in east China, the second major investment pledged by the German firm in four months.
China, the world’s top chemicals consumer, is allowing greater access by global majors and local independents to its massive chemicals market to feed plastics, coatings and adhesives to the fast-growing consumer electronics and automotive sectors, as well as polyesters for clothing.
-FENC Pushes Innovation and Furthers Collaboration with Global Brand Partners
Water Free Dyed Nylon and Innovative Recycling Process Launched
Far Eastern New Century (FENC) has announced that it will continue to build on its brand growth momentum with a 5-point strategic focus on integration, innovation, global leadership, capabilities/capacities and sustainability. For FENC, with approximately 27,000 employees, the global brand status it has in the textile industry generates annual revenues of more than US$ 7 billion (€6.1 billion). Being such a size brings responsibility, with FENC being right at the front in owning theirs.
FENC on Sustainability: “There’s No Other Way”
Sustainability is inherent to FENC, through its fully vertical processing, from fiber and fiber recycling through to garment manufacturing, and the R&D continue in force. “As a global corporate citizen, we must continue to develop with sustainability in mind. We believe there’s no other way,” said Eric Hu, President, Textile, FENC.
-Faerch Plast UK introduces recycled PET material
British recycled plastic packaging firm Faerch Plast UK has introduced 100% recycled PET material under its Food to Go banner.
According to the company, the new material reduces the need for virgin materials and will be made available from 1 January.
Faerch Plast UK and Ireland sales director Mark Tollman said: “We see this as a great innovation for our customers and the environment, as we continue to develop sustainable packaging.