PlasticRecycling Resinprices Bioplastics 07-05-2021
PlasticRecycling Resinprices Bioplastics
Crude Oil Prices Trend
The prices of nylon chips (CFR SE Asia) and nylon filament yarn (FDY 70D/24F, FOB NE Asia) may increase in the coming months due to rising prices of benzene and caprolactam and a high demand from the downstream industry. The filament price dropped in April 2021 due to an unclear price trend of raw materials and restrained downstream procurement.
The market of nylon chips and nylon filament yarn was supported by higher prices of benzene and caprolactam along with increasing prices of crude oil in the first quarter of 2021. The USD caprolactam contracts also sustained the price rise. The players stocked up on chips and yarn before the Chinese New Year, expecting a rise in the demand after the Chinese holiday.
The price of nylon chips, CFR SE Asia, remained low at $1,769.52 per metric ton in January 2021, but increased by 20.22 per cent to $2,127.39 per metric ton in the first quarter over the price of January 2021. It is expected to rise at 33.03 per cent to reach $2,830 per metric ton in June 2021 over the price of March 2021.
DAK Americas, a subsidiary of Alpek, has posted a stalking horse bid to acquire the Reading, Pennsylvania recycling plant from US firm CarbonLite, which filed for Chapter 11 bankruptcy protection in March.
The $96 million bid was reported in court documents earlier this week, with the deadline for a stalking horse bidder set at 1 May, 2021, according to the United States Bankruptcy Court for the District of Delaware.
A stalking horse bid is an initial bid on the assets of a bankrupt company, which serves as the minimum bidding bar for a final purchase price. If CarbonLite fails to receive a better offer, DAK Americas could acquire the plant. Details of the bid are available online and show the signature of Jorge Young, chief executive of DAK Americas.PlasticRecycling Resinprices Bioplastics
The circular economy is being increasingly mentioned but what exactly is it and what does it mean? What is its relevance to those operating in the water industry and how can it help them cut costs and be greener at the same time? This is the first of a series of articles from the BPF Pipes Group taking a closer look at understanding the circular economy and using as an example the role of plastic pipes within it. The series explains why we as an industry should take notice of its growing importance.
Previously, what was known as the ‘linear’ economy worked very much on a ‘make, use, dispose’ basis, so the circular economy is a newer way of operating, incorporating the processes of extraction, design, manufacture, transport, use and reuse. PlasticRecycling Resinprices Bioplastics
There are many definitions. The European Parliament describes it as ‘a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.’
Tosaf working with Brückner Maschinenbau has validated the good processing properties of its new BOPE masterbatches. PlasticRecycling Resinprices Bioplastics
New additive masterbatches specifically tailored for biaxially oriented polyethylene (BOPE) films have been developed by Israel’s Tosaf (U.S. office in Bessemer, N.C.) The portfolio currently includes slip, antiblock, antistatic and antifog additives. The ability to use them individually or in combination is said to give manufacturers high flexibility in meeting specific product requirements.
Tosaf developed these additive masterbatches specifically tailored to the PE film orientation process in response to the current trend in the production of films for disposable packaging which has been moving from multilayer to mono-material concepts that are easier to recycle and have better mechanical and optical properties. BOPE films have been shown to enable high-performance solutions that can be superior to conventional BOPP packaging films in terms of processing and cost efficiency.
Sidel is introducing the StarLITETM HPC base. The new, oval bottle base alternative for flat PET containers helps achieve optimum performance and can also comply with recycled PET (rPET) up to 100%. The new bottle base not only increases container stability by up to 25%, but also optimises bottle weight and energy consumption, reducing production costs and greenhouse gas (GHG) emissions with a quick payback. PlasticRecycling Resinprices Bioplastics
Improved stability by up to 25%
The new geometry of the completely flat StarLITE HPC base is cleverly structured. Its new anti-rocking design is based on a 360-degree continuous contact surface which improves tilt angle and may be combined with structural ribs and oval push-up. “The doubled sitting surface and the balanced stretching ratios between small and large sides enable better material distribution, while avoiding base sagging,” explains Laurent Naveau, Packaging expert at Sidel. This oval shape achieves an optimum performance level, drastically improving empty or filled container stability by up to 25%. This helps increase production uptime, with better container stability on conveyors in comparison with existing major flat PET container bases, and also improves consumer experience.
Launch of DOMO Beyond sustainability management system
Econamid and Technyl4Earth already leading sustainable solutions for polyamide
Leuna, May 4, 2021 – DOMO Chemicals has unveiled its ambition to be a benchmark and leader in sustainable development and social responsibility by 2030, with clear targets and criteria to drive a decade of progress.
By 2030, DOMO has committed to neutral CO2 emissions growth versus 2019, a 15% reduction in the carbon content of the company’s energy mix and a 7% reduction of industrial waste. DOMO has set a longer-term target to become climate neutral by 2050. PlasticRecycling Resinprices Bioplastics
It has also pledged to help its customers by enhancing its offering of sustainable solutions, including: a 20% increase in sustainable applications; a 20% reduction in the carbon footprint of DOMO’s products and an increase of circular solutions by 50%.
PepsiCo recently rolled out a collection system providing bins, regular collection and data analysis for bottle recycling at businesses and other non-residential spaces.
PepsiCo Recycling on April 29 announced the BottleLoop program, billed as a “technology-powered program to streamline recycling for customers.”
The program is being offered to schools, universities, stores, restaurants and other away-from-home settings. BottleLoop provides customers with bins, provides pickup services for those bins, and offers various data points tracking material generation and collection. PlasticRecycling Resinprices Bioplastics
The service starts at $9.25 per pickup for customers, with pricing varying based on distance to nearby recycling centers, quantity of material and other factors. PepsiCo is providing the service in partnership with Replenysh, a California-based software firm serving the waste and recycling sectors.
BottleLoop bins accept all beverage containers, whether plastic, glass or aluminum. However, PepsiCo placed special emphasis on plastic bottle collection through the program, framing BottleLoop as a way to increase recycled plastic supply.
Chroma Color can provide small lots to large production orders in a wide range of standard and custom colors.
Pelletized color concentrates in a wide range of standard and custom colors are newly available to filament and material suppliers for additive manufacturing from Chroma Color. The company is responding to an increased demand from manufacturers using additive manufacturing for expanding applications to enhance their capabilities with functional, colorful, and performance characteristics for the variety of resins being used. PlasticRecycling Resinprices Bioplastics
Chroma Color supplies concentrates for most 3D printing resins, including PLA, PETG, PET, ABS, HIPS, nylon, and TPU. The company can provide required small lots to large production orders to 3D customers in a wide range of standard and custom colors. For material suppliers looking for unique custom colors, Chroma Color will access its extensive color library and state-of-the-art labs to develop pelletized concentrates to meet exact specifications.
Avient’s non-nylon based Amosorb 4020R said to provide rPET packaging with full, consistent oxygen scavenging performance and enhanced aesthetics.
A new non-nylon containing oxygen scavenger from Avient has been specifically formulated to enable the use of up to 100% recycled PET (rPET) content. ColorMatrix Amosorb 4020R is the latest addition to the robust portfolio of ColorMatrix additives that have been formulated to enable improved recycling for plastic packaging.
Amosorb 4020R has been shown to deliver full, consistent oxygen scavenging performance with 25%, 50%, and even 100% rPET content. Moreover, it reportedly improves the aesthetics of recycled packaging in terms of haze and color, including a reduction in the yellowing effect that may occur during recycling. Also, this additive is compatible with many different rPET grades to help brand owners achieve their sustainability targets. PlasticRecycling Resinprices Bioplastics
Brands adopting the no-cost Plastic IQ digital planning tool from The Recycling Partnership and SystemIQ include Colgate-Palmolive, Kellogg’s, Mondelēz, Nestlé USA, Unilever, and Walmart.
There’s power in numbers as well as in data, which is part of the reason the launch of the Plastic IQ digital tool promises to help US companies develop effective plastic packaging waste reduction strategies. PlasticRecycling Resinprices Bioplastics
Launched May 5 by The Recycling Partnership and SystemIQ and created with support from Walmart, Plastic IQ is a forward-looking, data-based planning tool aligned with industry best practices. The tool allows companies to prioritize actions to address plastic packaging waste, meet their sustainability goals, and ultimately accelerate progress toward a circular economy.
Plastic IQ is available at no cost so that companies of all sizes and resources can analyze their plastic packaging data and calculate how their company’s strategy impacts their costs as well as plastic and carbon emissions impact.
PlasticRecycling Resinprices Bioplastics