POLYESTERTIME plastic petrochemicals 30-08-2018 - Arhive
-Crude Oil Prices Trend
-Aquafil, revenues and profits up in the first half of 2018
Aquafil announced the results for the first half of 2018, a period closed with revenues of 291.29 million euro, an increase of 4.5% compared to 278.84 million obtained in the first six months of last year, mainly attributable to the BCF product due to the higher quantities sold in Asia Pacific, the polymers product area in the USA and higher sales prices.
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-A transparent and thermally stable polyamide – 100 percent biobased
The natural substance 3-carene is a component of turpentine oil, a waste stream of the production of cellulose from wood. Up to now, this by-product has been incinerated for the most part. Fraunhofer researchers are using new catalytic processes to convert 3-carene into building blocks for biobased plastics. The new polyamides are not only transparent, but also have a high thermal stability.
-September contract price of ethylene in Europe remained at the level of August
MOSCOW – The contract price of ethylene in Europe for September supplies was agreed at the level of EUR1,135 per tonne, which corresponds to the level of August, several sources of the market told ICIS on Thursday.
The contract price was approved on the basis of FD NWE (with delivery to North-Western Europe).
-VTT’s Plastic-Eating Microbes Could Help Solve Marine Plastic Problem
VTT — the Technical Research Centre of Finland — is helping to solve the global plastic waste problem with a project called PlastBug, a mobile container unit that removes plastic waste from ocean areas and converts it into material for other uses.
“Our idea is to design a mobile container where microbes degrade plastic waste to valuable products like fuels or chemicals,” says Kari Koivuranta, Principal Scientist at VTT.
-Spanish packaging producer uses Biomaster to protect food trays
Spanish packaging company, Bandesur, has developed polystyrene trays incorporating Biomaster antimicrobial technology.The new packaging is designed for meat and chicken and uses the antimicrobial additive to reduce the risk of food borne pathogens such as Campylobacter.
-Feedstock demand subdued due to holiday season in Europe
The European ethylene contract for August settled at a rollover from July at €1,135/tonne sending flat indications to downstream products. Indeed, L/LDPE markets were very calm last month with subdued demand and no material shortages. As a result, prices were largely settled unchanged from July.
Since the BBC’s Blue Planet series escalated society’s awareness of the polluting potential of plastics, the topic has rarely been far from the public conscience. BASF is one company looking at ways to reduce the environmental burden it causes.
-What we learned from talking to processors about Industry 4.0
K 2016 was all about Industry 4.0. Nearly every machinery company was touting the promise of the fourth industrial revolution.
But we’ve been wondering for a while: Which processors are using Industry 4.0 technology? What’s been the cost, in time and capital? Are there real benefits?
-Tintex to show innovative fabrics at Munich Fabric Start30
Tintex Textiles, a leading contemporary fabrics innovation maker of naturally advanced, smart and responsibly crafted jersey fabrics, is set to present its latest range of fabrics at Munich Fabric Start, in hall 3, booth D22. The leading, international textile trade show for fabrics and accessories, will be held from September 4 to 6, 2018, in Germany.
-ContiTech opens 3D blow moulding plant in China
Ribbon-cutting ceremony at ContiTech’s Changshu plant
ContiTech AG has expanded its footprint in China with the opening of a production plant for 3D blow mould hoses in the eastern city of Changshu.
The company announced 28 Aug that the RMB70m (€10m) production unit will supply hoses for high-performance turbochargers for automotive OEMs.
-European Commission approves acquisition of Cristal by Tronox
European Commission issues final approval of Tronox’s proposed Cristal acquisition.
The European Commission has approved the acquisition of Tronox by Cristal. Source: rawpixel / Pixabay.
The European Commission has approved the acquisition of Tronox by Cristal. Source: rawpixel / Pixabay.
Tronox Limited announced that it has received final approval from the European Commission to close its proposed acquisition of the titanium dioxide (“TiO2”) business of The National Titanium Dioxide Company Limited, a privately held global chemical and mining company headquartered in Jeddah, Saudi Arabia
-Faerch Plast calls for improved PET recycling
Faerch Plast UK called for improved PET recycling
With 120t a month of black PET now being combined with mixed-colour PET bottle waste to create new recycled food packaging for three retailers, Faerch Plast UK emphasised the need for new recycling initiatives.
Viridor is sorting and combining the different waste types and Faerch Plast is extruding black PET sheet at its Ely plant, with recycled content starting at 30%.
Local recycling needs to be improved to sustain new polyethylene terephthalate (PET) recycling initiatives, Faerch Plast UK has claimed.
-Major PET buyer reports 2018 financials
Textile spoolsRecycled plastic yarn manufacturer Unifi saw an increase in sales last year, including stronger demand for its recycled flake and chip. But higher PET bale prices cut into profits.
The Greensboro, N.C.-headquartered company’s flagship brand is Repreve, a recycled polyester fiber. Unifi is a large U.S. consumer of recovered PET bottles. Its goal is to recycle the equivalent of of 20 billion PET bottles by 2020. It recently surpassed the 12 billion bottles mark.
-New biodegradable plastic developed by Irish based scientists
Less than 15% of the world’s plastic is recycled, with much of it ending up in rivers, seas and oceans, landfill or the general environment as litter
Less than 15% of the world’s plastic is recycled, with much of it ending up in rivers, seas and oceans, landfill or the general environment as litter
A new form of biodegradable plastic capable of degrading under home-composting conditions has been developed by Irish based scientists.
The material could prove an important development in the struggle to rid the environment of polluting single use plastics.
-US August propylene contracts settle up 2 cents/lb amid recent outages
HOUSTON -US August propylene contracts have settled at a 2 cent/lb increase for the majority of the market, although one seller did not settle at that level, market sources said on Tuesday and Wednesday.
-Saudi Aramco signs strategic collaboration with Lomonosov MSU
During the signing of a memorandum of understanding to promote cooperation in the area of joint research, primarily to explore oil and gas industry innovation with specific focus on upstream technology
DHAHRAN – Saudi Aramco Upstream Technology Company (SAUTC), a Saudi Aramco company, has signed a memorandum of understanding (MoU) with Russia’s Lomonosov Moscow State University (MSU) to promote cooperation in the area of joint research, primarily to explore oil and gas industry innovation with specific focus on upstream technology.
