Plastic Petrochemicals recycling crude oil 23-10-2018 - Arhive
-China – Polyethylene Terephthalate and the prices of its chain continue to be weak.
PET Bottle grade export 1,250/1,260 $/ton – PET Bottle grade domestic market 9,450/9,550 yuan/ton – PET Filament grade SD domestic market 9,400/9,550 yuan/ton – PET Filament grade BR domestic market 9,400/9,550 yuan/ton
PTA Taiwan 960/970 $/ton – PTA domestic market 7,100/7,250 yuan/ton – MEG $ 845/860 $/ton – MEG domestic market 7,100/7,200 yuan/ton – PX Korea 1,235/1,245 $/ton
POY 150D/48F domestic market 10,600/10,750 yuan/ton – DTY 150D/48F domestic market 12,250/12,350 yuan/ton – PSF domestic market 10,450/10,550 yuan/ton
-Americas petrochemicals outlook, w/c Oct 22
US OLEFINS
US market participants will continue to monitor feedstock ethane and propane market this week, which have given direction to the downstream ethylene and propylene markets. US ethylene prices continued to move lower last week, staying below the 20 cent/gal level. Ethylene followed direction from ethane, which fell below 38 cent/gal level last week for the first time since August 8. There were a number of forward-month discussions heard with most sources believing the market was long in November and December. October contract price discussions should start shortly this week, sources said. Meanwhile, US propylene spot levels remain under downward pressure against weaker feedstock propane markets and an expected improvement in production.
The United States will not impose anti-dumping duties on imports of polyethylene terephthalate (PET) from five countries, according to ICIS , citing the decision of the International Trade Commission (ITC).United States antidumping duties PET
According to the decision, import of PET from Brazil, Indonesia, Korea, Pakistan and Taiwan does not cause material damage to the United States.
-Crude Oil Prices Trend
-New AI-powered system to automate quality control process
The Hong Kong Polytechnic University (PolyU) has developed an intelligent fabric defect detection system, called WiseEye, which leverages advanced technologies including Artificial Intelligence (AI) and Deep Learning in the process of quality control (QC) in textiles industry.
The system is designed to effectively minimise the chance of producing substandard fabric by 90%, thus substantially reducing loss and wastage in the production. It helps to save manpower as well as enhance the automation management in the textile manufacturing, according to the team of researchers.
-Germany’s automotive sector declines sharply in Q3 – central bank
Germany’s “still intact” economic upswing may have come to a temporary halt in the third quarter as a result of a sharp decline in the chemical-intensive automotive sector, as well as a fall in construction output, according to the country’s central bank.
The bank added that rising crude oil prices had also had an impact in economic growth.
Industrial production fell 1.5% on average in July and August, compared to the second quarter, on the back of a 9% drop in automotive sector output due to the switch to new EU-mandated emissions standards.
-Graphene twists again Graphene moiré superlattice hexagonal boron nitride
Umklapp electron-electron scattering in so-called moiré superlattices made from aligned layers of 2D materials could degrade the high-temperature mobility of charge carriers.
That’s the conclusion of a new study by researchers in the UK, US and Japan, who say the effect would limit the potential applications of these technologically important materials in high-mobility devices operating a room temperature.
Introduced at PACK EXPO International 2018, the BOPET films offer barrier, strength, and sustainability benefits.
FlexFilms, the global film manufacturing arm of India’s multinational flexible packaging company Uflex Ltd., introduces VYOM, a futuristic technology concept BOPET film. it was presented for the first time at PACK EXPO Intl.
The company’s BOPET films range from high-barrier to sustainable, all manufactured via proprietary technology.
Sidel has received US Food and Drug Administration (FDA) approval for its Aseptic Combi Predis blow fill seal filler following a test run with a dairy customer in North America.
The validation means the technology can be used for low acid manufacturing and commercial distribution in the US.
Low acid products
According to Guillame Rolland, sensitive products director, Sidel, the FDA approval qualifies the aseptic filler with dry preform sterilization technology to produce and distribute shelf-stable low acid products in PET bottles for the US market.
-Petainer Launches New Recyclable Keg
Following the announcement of the partnership between Petainer, KHS Japan and Mitsubishi Chemical to bring one-way PET kegs to the Japanese beer market, the unique new DLC keg, 10 and 20L, has now been launched in the market. The keg will be on show at this year’s Brau Beviale in Germany – Hall 4 / 4-137.
The collaboration developed the new DLC keg to be the most environmentally-friendly yet, specifically designed to meet the strict recycling requirements in Japan, while delivering to the high quality and market standards. Mitsubishi’s DLC barrier technology has been combined with Petainer’s patented keg technology to create the ‘DLC Keg’. Mitsubishi have built on their existing DLC product ranges provided to the alcoholic drinks industry, including global brands such as Kirin.
-USITC rules in favor of Taiwanese PET firms in anti-dumping probe
Taipei, Oct. 20 (CNA) The United States International Trade Commission (USITC) has ruled in favor of polyethylene terephthalate (PET) resin exporters from Taiwan and another four countries after an anti-dumping investigation.
In a ruling issued Thursday, the USITC said it determined that PET resin imports from Taiwan, Brazil, Indonesia, South Korea and Pakistan did not cause material damage in or threaten material injury to the U.S. industry.
-Belarusian petrochem firms sign contracts with Russia
Belarus recently signed contracts worth nearly RUB 12 billion for delivering petrochemical products to Russia during the fifth Forum of Regions of Belarus and Russia in Mogilev. Several other contracts worth RUB 1.3 billion were signed with Russian firms in the run-up to the forum. Belarusian firm Belneftekhim-ROS signed contracts worth over RUB 6 billion.
Belneftekhim, the top distributor of Belarusian petrochemical products in Russia, signed contracts to deliver polyester textile yarns, high-pressure polyethylene, polyamide-6, phthalic anhydride, automobile tires for various purposes, alkyd resins and other products, according to a Belarusian news agency.
-Günther invests in a successful future
Günther Hot Runner Technology has plenty of reasons to celebrate. Firstly, the company has been founded exactly 35 years ago. Secondly, the expansion and renovation of the company’s headquarters in Frankenberg, Germany, have been completed.
A year ago, a scaffold blocked the view of the façade of the main building of Günther’s headquarters. When visiting today, one can see a radiant, new front. Taking a closer look, the design of the building automatically makes sense. The white panels, which draw wide curves across the building, are based on the heating of the Blue Flow hot runner nozzles.
-U.K. retailer debuts recyclable film for fresh veggies
New polyethylene film for fresh vegetables sold at U.K. retailer Co-op is recyclable while also providing the same functional features as a non-recyclable film.
Coveris-eecylcable-film-for-the-Co-op1.jpgU.K. retailer Co-op has made a pledge to deliver 100% recyclable packaging by 2025 through its Project Closed Loop Strategy. Helping the retailer meet this goal is new recyclable polyethylene film for flexible bags of fresh vegetables that delivers the same protective, functional, and shelf-life benefits as existing non-recyclable solutions.
