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-China – Polyethylene Terephthalate and its chain are always weak,only PX try to bounce

PET Bottle grade export 1,240/1,280 $/ton – PET Bottle grade domestic market 9,800/9,900 yuan/ton – PET Filament grade SD domestic market 9,700/9,850 yuan/ton – PET Filament grade BR domestic market 9,650/9,800 yuan/ton

PTA Taiwan 1,010/1,020 $/ton – PTA domestic market 7,600/7,700 yuan/ton – MEG $ 850/860 $/ton – MEG domestic market 7,100/7,250 yuan/ton – PX Korea 1,300/1,310 $/ton

POY 150D/48F  domestic market 11,100/11,250  yuan/ton – DTY 150D/48F  domestic market 12,650/12,800  yuan/ton – PSF domestic market 10,600/10,700  yuan/ton

-RadiciGroup at Fakuma 2018 – On the rise, RadiciGroup Performance Plastics production capacity in Germany. At Fakuma 2018, Group global innovation showcased.

Three years of accelerating growth and all the makings of a further increase in sales volume in the German market. At Fakuma 2018 (Stand A1 – 1106), RadiciGroup Performance Plastics stresses once again how Germany is central to the development of innovative projects, thanks to the collaboration with its German partners.

-Lanxess invests in composites and compounds Lanxess composites compounds Tepex fiber reinforced

In Germany, new capacities for Tepex fiber-reinforced and Durethan and Pocan engineering polymers are under construction in Brilon and Krefeld-Uerdingen.

The German group Lanxess has announced investments to increase in Germany the production capacity of both thermoplastic composites reinforced with continuous Tepex fibers, and polyamide-based technopolymers (PA6 and 66) and PBTs marketed under the Durethan and Pocan brands respectively.

-Material innovations for sustainable mobility 

Economical alternatives to polyamide 66 compounds

New polyamides with high cyclic fatigue strength

New compounds for laser transmission welding

New developments in halogen-free flame-retardant polyesters and polyamides

At Fakuma 2018, specialty chemicals company LANXESS will focus on materials for new forms of mobility. “We want to show which advantages our polyamide and polyester compounds and our endless fiber-reinforced thermoplastic composites offer, especially for components for the electric power train, but also for the infrastructure of electric mobility,” explains Jan Bender, Head of Marketing EMEA in the High Performance Materials (HPM) business unit.

-Crude Oil Prices Trend

-“Ural textiles” launched the production of polyester fabrics 

The Ural Textiles company launched the production of polyester fabrics at the site of the Sverdlovsk worsted combine, the press service of the regional administration said.

Fleece is a synthetic fabric for the manufacture of which polyester and other artificial threads are used. The volume of investments in the new project amounted to 63 million rubles.

-China unlikely to sustain strong Sept exports growth – analysts

China’s exceptionally high export growth in September is unlikely to be sustainable in the near term as US’ tariffs on its goods will soon start to bite, according to analysts.

Its September exports in US dollar terms jumped by 14.5% year on year, the fastest pace since February and represents an acceleration from the 9.8% growth in August.

China’s trade surplus with the US widened to $34.1bn in September from $31.1bn in August, with imports growth at 14.3%, lower than the 20.0% recorded in the preceding month, official data showed.

–First Coffee Capsule Compostable at Home  

In Zusammenarbeit mit Golden Compound bringt der international tätige Verpackungshersteller ALPLA eine Weltneuheit auf den Markt: die erste heimkompostierbare Kaffeekapsel.

In cooperation with Golden Compound, the internationally active packaging manufacturer ALPLA is bringing a world first onto the market: the first coffee capsule compostable at home.

-Any US sanctions against Saudis likely to target individuals, not oil

Any US sanctions against Saudi Arabia springing from the Jamal Khashoggi investigation would likely target individuals, not crude oil or other trade flows, and the White House might have to warn Riyadh to temper its reaction to this limited action to avoid inviting economic blowback on itself, according to US sanctions experts.

-Oil steadies as traders weigh U.S.-Saudi tensions versus demand worries

Oil futures pared early gains fueled by tensions over Saudi Arabia’s role in the disappearance of a Saudi journalist, in part as President Donald Trump appeared to soften his tone.

Concerns about underlying demand had also put a lid on prices, analysts said.

-Lenzing Introduces New VEOCEL™ Lyocell Fibers Designed For Eco-Responsible Flushable Wipes

The Lenzing Group (Lenzing) has announced the launch of a new VEOCEL™ Lyocell fiber with Eco Disperse technology which is designed for use in flushable wipes. This new fiber demonstrates enhanced biological disintegration performance. The inclusion of this new fiber enables more diverse design opportunities while providing exemplary wet strength and disintegration performance. Versatile and tailor-made for daily care routines, the new VEOCEL™ Lyocell fiber with Lenzing’s Eco Disperse technology offers optimized flushability and represents the most advanced fiber under the VEOCEL™ brand portfolio.

-INSIGHTS into the WORLD / Is the world regressing to protectionism?

All signs are that the months-long war over trade between the United States and China will increasingly worsen. The trade war was initiated by Washington in violation of the rules set by the World Trade Organization (WTO). U.S. President Donald Trump nevertheless has repeatedly expressed his disdain for the WTO, in both words and actions. He is so disgruntled with the organization that he may eventually decide to withdraw the United States from it.

Threatening to impose tariffs on cars imported into the U.S. market, Trump has successfully compelled Canada and Mexico to renegotiate the North American Free Trade Agreement (NAFTA) and replace it with a new pact, named the U.S.-Mexico-Canada Agreement (USMCA).

-BOPP films feature sealant and barrier in one web

PMMI research indicates the snack food market is gaining steam. This white pigmented BOPP film caught our eye at PACK EXPO given it’s ability to cater to that market with a metallized, standard two-ply lamination.

Toray Plastics (America), Inc., located in booth N-6275, is fearturingadvancements in three families of packaging films-Torayfan® clear barrier BOPP, Torayfan white BOPP, and Lumirror® high barrier PET. These portfolios are manufactured with Toray’s proprietary technologyandprovide CPG companiesandconverters with creative solutions that deliver robust performance with a lower total cost. Desirable film features include; thinandultra-thin offerings, transparent high-barrier, metallized to replace foil, a white pigmented appearance, bio-based materials, integrated sealant technology with improved hermeticityandseal strength, easy-open packagingandlidding, ‘premium feel’ outer webs,andsolutions for digital printingande-commerce applications.

-Korean Oil Refiners May Suffer from Drop in Paraxylene Price Next Year

Korean refineries have benefited from a rise in Paraxylene (PX) prices amid a supply shortage this year.

Paraxylene (PX), which has been a cash cow for Korean refiners so far this year, is expected to become an “ugly duckling” next year. Korean refining companies benefited from a rise in its price due to a supply shortage this year. But industry experts say that it will be difficult for Korean companies to enjoy a prosperous business next year as large-scale PX production facilities in China will resume or begin operations from the end of this year.

-Original German technology at ITMA Asia + CITME

ITMA Asia + CITME 2018, Asia’s foremost trade fair dedicated to textile machinery, which opened its doors today in Shanghai, is once again marked by a significant presence of German companies both in their number and in the quality of their technology.

Visitors to the fair will have an opportunity to appreciate the high level of technology being proposed by more than 100 exhibitors from Germany, including more than 80 VDMA member companies, which cover nearly all different machinery chapters with a focus on spinning, nonwoven, weaving, knitting, warp knitting and finishing.

During VDMA press conference, 18 spokespersons of VDMA member companies discussed how original technology can play a major role in China’s efforts to increase the resource efficiency. © VDMA

-Breathe By Milliken™ Earns New Placements At Upcoming High Point Market

The Specialty Interiors business of Milliken & Company, a leading global innovation company with textile, specialty chemical and floor covering manufacturing expertise, has secured several new key placements for its popular eco-elegant performance upholstery fabric, Breathe by Milliken™.  Furniture manufacturers and retailers can now offer the ultimate in the sustainability and performance, which appeals to today’s savvy and environmentally-conscious consumers.

-European PE sellers plan to cut production due to stagnant market

The margin of polyethylene (PE) production in Europe is low at the moment, and some manufacturers are considering the option of reducing production, ICIS told several sources of the market