Plastic petrochemicals 07-09-2018 - Arhive
Plastic petrochemicals
-Crude Oil Prices Trend
-Import ethylene prices in northeast Asia fell to a 16-week low
MOSCOW – The spot prices of imported ethylene in northeast Asia fell to a 16-week low amid a broad supply of material from Asian and other producers, ICIS reported citing market participants.
Transactions were mainly USD1 250-1 280 per tonne, CFR NE (Northeast Asia) for shipments in September-October, whereas earlier they were at USD1,287-1,360 per tonne, CFR, NE Asia.
-PET bottle resin, nylon 6/6 prices on the rise
North American PET bottle resin prices jumped by an average of 2 cents per pound in August, getting back the 2-cent decline that the market had posted in July.
Market watchers cited tight supplies of purified terephthalic acid (PTA) and other raw materials. Prior to the July drop, regional PET prices had increased a total of 5 cents in the May-June period.
The potential restart of a PTA plant operated by Alpek SAB de CV in Altamira, Mexico, also could impact regional PET prices. The plant was damaged by a mid-July fire.
-Crude Oil Prices Trend
-Classifying plastic as a ‘hazardous material’ could be hazardous to the recycling industry
The Basel Convention is meeting this week in Geneva, Switzerland, to consider a number of proposals that could restrict the trade of scrap commodities. The Institute of Scrap Recycling Industries (ISRI; Washington, DC) released background information on these proposals.
-Third round of US-China tariffs to hit China finished plastics exports hardest
NEW YORK-As the third round of US-China tariffs looms, China finished plastics products will be in the crosshairs, along with additional US exports of commodity chemicals.
The proposed third round of tariffs, which the US plans to put on an additional $200bn in Chinese imports, and China on $60bn of US imports, raises the stakes in chemicals and plastics.
-ExxonMobil mulls cracker, PE and PP plants in China’s Guangdong
SINGAPORE-ExxonMobil is mulling a “multibillion-dollar” chemical complex in China’s Guangdong, which would include a 1.2m tonne/year flexible feed steam cracker as well as polyethylene (PE) and polypropylene (PP) units, the US energy and petrochemicals major said on Thursday.
-Asia petchem shares fall as new round of US-China tariffs looms
SINGAPORE-Shares of major Asian petrochemical firms were trading mostly lower on Thursday, tracking declines in global equities this week, as investors were wary about the potential impact of a fresh round of US tariffs on Chinese goods.
BEIJING, (Xinhua) — Chinese scientists have developed a plastic that degrades in seawater and could help curb the increasingly serious plastic pollution in the oceans.
The new polyester composite material can decompose in seawater over a period ranging from a few days to several hundred days, leaving small molecules that cause no pollution, said Wang Gexia, a senior engineer at the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences
-NZ Drinks upgrades recycled plastic water bottle plant in New Zealand
NZ Drinks has upgraded a recycled plastic water bottle production line at its Waikato plant in New Zealand to increase manufacturing capacity.
This move follows the company’s initial introduction of recycled plastic into select product ranges two years ago.
The new line will allow NZ Drinks to continue to expand production of bottled water in recycled packaging, producing an estimated 220 million bottles made from recycled polyethylene terephthalate (rPET) plastic per year.
-Oman to regulate the use of plastic bags
Muscat – Oman’s government is mulling tougher rules to regulate the use of plastic products, including carrying bags.
A meeting was held at the Ministry of Environment and Climate Affairs (MECA) to discuss the issue of increasing use of plastic products in the country.
A statement was issued then, describing the impact of plastic bags on marine life especially due to the dumping of plastic waste in the sea as a matter of great concern.
-CCA launches Aussie manufacturing success story
Coca-Cola Amatil’s Packaging Services Division has opened a new blowmoulding and assembly line at its Eastern creek facility for producing a three-part HDPE closure for its Powerade brand, which incorportaes world-first technology.
The launch of the new production line at CCA’s Eastern Creek preform and closure plant on 31 August marks a significant step forward in CCA’s sustainable packaging commitment, notably its pledge to reducing the volume and variety of plastic content in its beverage containers.
-PepsiCo targets 50 percent rPET in plastic bottles across EU by 2030
PepsiCo has announced ambitions to achieve 50 percent recycled plastic (rPET) in its bottles by 2030 across the European Union (EU), with an interim target of 45 percent by 2025. The move will see the multinational food, snack and beverage giant more than triple the amount of recycled plastic it uses, equating to over 50,000 tons of rPET.
-Tintex introduces new smart finishing process
Tintex Textiles will exhibit its latest A/W 19-20 collection of innovative fabrics and introduce Naturally Clean, a new smart finishing process that is said to be uniquely responsible, at this week’s Munich Fabric Start, which takes place from 4-6 September.
“Naturally Clean enhances the natural beauty of cotton, takes a cost-effective modern approach to eliminate aggressive treatments and optimizes clean surfaces, vivid colours, providing an exquisitely smooth hand feel,” the company explains.
-Seaweed and Lucozade team-up to tackle plastic waste at mass participation events.
Seaweed and Lucozade team-up to tackle plastic waste at mass participation events.Anyone who has ever done any sort of organised run will have at some point had to gently hurdle a spill of plastic cups or bottles at a drinks station, instantly disregarded once consumed. But those days, could be coming to an end, with isotonic sports drink, Lucozade Sport, announcing plans to trial plastic-free drinks and gels encased in an edible seaweed outer layer.
-The beginning of a revolution in packaging
Humankind has already produced more than eight billion tons of plastic. Every year, we add another 80 million tons of plastic packaging to the total, only half of which is recycled. The rest ends up in a garbage incinerator or as trash that pollutes forests, meadows, lakes and oceans. Dr. Sabine Amberg-Schwab from the Fraunhofer Institute for Silicate Research ISC in Wurzburg is on to something that could solve the problem – a new class of material called bioORMOCERs.
Congratulations, Dr. Amberg-Schwab. You developed a biodegradable, compostable barrier coating and earned a New Plastics Innovation Prize for your efforts. Is this the beginning of a revolution in packaging?
-Savio to show latest Industry 4.0 solutions at ITMA Asia04
Savio, a global, leading Italian supplier of winding, twisting, and rotor spinning machines and a specialist in yarn-finishing segment, is set to present energy saving and Industry 4.0 solutions at ITMA Asia + CITME 2018 expo, in hall H1, stand C24. The leading textile machinery exhibition will be held from October 15-19, 2018, in Shanghai, China.
The company will exhibit the Polar Evolution and Eco PulsarS winding machines, plus an Industry 4.0 corner with smart solutions for mill monitoring, according to a Savio press release.
-‘Smart’ Fabrics: The Future Of Technology
Future technology won’t be a device you carry in your pocket, a computer you put in your bag, or a watch you wear on your wrist. Instead, it will be woven into the threads of your shirt and pants.
Researchers all over the world are developing “smart” fabrics or textiles that can charge electronics, cool down the body, monitor health, detect human motion, light up like flashlights and more.
