Polymer PET Resin – CARBIOS and Hündgen enter supply agreement for world’s first PET biorecycling plant 06-05-2024
Polymer PET Resin
- Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
- Feedstocks PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
- Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF Acrylic Staple Fiber
Polymer PET Resin
| Polyestertime | |||
| ITEM | 29/04/2024 | 06/05/2024 | +/- |
| Bottle grade PET chips domestic market | 7,075 yuan/ton | 7,000 yuan/ton | -75 |
| Bottle grade PET chips export market | 900 $/ton | 890 $/ton | -10 |
| Filament grade Semidull chips domestic market | 6,850 yuan/ton | 6,820 yuan/ton | -30 |
| Filament grade Bright chips domestic market | 6,870 yuan/ton | 6,840 yuan/ton | -30 |
| Pure Terephthalic Acid PTA domestic market
Polymer PET Resin |
5,925 yuan/ton | 5,835 yuan/ton |
-90 |
| Pure Terephthalic Acid PTA export market | 735 $/ton | 720 $/ton | -15 |
| Monoethyleneglycol MEG domestic market | 4,335 yuan/ton | 4,370 yuan/ton |
+35 |
| Monoethyleneglycol MEG export market | 508 $/ton | 513 $/ton | +5 |
| Paraxylene PX FOB Taiwan market | 1,040 $/ton | 1,024 $/ton |
-16 |
| Paraxylene PX FOB Korea market | 1,018 $/ton | 1,002 $/ton | -16 |
| Paraxylene PX FOB EU market | 1,140 $/7on | 1,140 $/ton | – |
| Polyester filament POY 150D/48F domestic market | 7,525 yuan/ton | 7,500 yuan/ton |
-25 |
| Recycled Polyester filament POY domestic market | 7,550 yuan/ton | 7,550 yuan/ton | – |
| Polyester filament DTY 150D/48 F domestic market | 9,025 yuan/ton | 9,000 yuan/ton | -25 |
| Polyester filament FDY 68D24F | 8,850 yuan/ton | 8,850 yuan/ton | – |
| Polyester filament FDY 150D/96F domestic market
Polymer PET Resin |
8,125 yuan/ton | 8,100 yuan/ton | -25 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,470 yuan/ton | 7,420 yuan/ton | -50 |
| Caprolactam CPL domestic market | 12,700 yuan/ton | 12,700 yuan/ton |
– |
| Caprolactam CPL overseas market | 1,620 $/ton | 1,620 $/ton | – |
| Nylon 6 chips overseas market | 1,890 $/ton | 1,890 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 14,150 yuan/ton | 14,150 yuan/ton | – |
| Nylon 6 chips high speed spinning domestic market | 14,350 yuan/ton | 14,350 yuan/ton | – |
| Nylon 6.6 chips domestic market
Polymer PET Resin |
21,800 yuan/ton | 21,800 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 16,600 yuan/ton | 16,600 yuan/ton | – |
| Nylon6 Filament DTY 70D/24F domestic market | 18,900 yuan/ton | 18,900 yuan/ton | – |
| Nylon6 Filament FDY 70D/24F | 17,900 yuan/ton | 17,900 yuan/ton | – |
| Spandex 20D domestic marke | 33,500 yuan/ton | 33,000 yuan/ton | -500 |
| Spandex 30D domestic market | 32,000 yuan/ton | 31,500 yuan/ton | -500 |
| Spandex 40D domestic market | 29,000 yuan/ton | 28,500 yuan/ton | -500 |
| Adipic Acid domestic market
Polymer PET Resin |
9,600 yuan/ton | 9,600 yuan/ton | – |
| Benzene domestic market | 8,760 yuan/ton | 8,730 yuan/ton | -30 |
| Benzene overseas market | 1,062 $/ton | 1,042 $/ton | -20 |
| Ethylene South East market | 1,010 $/ton | 1,000 $/ton | -10 |
| Ethylene NWE market CIF | 841 $/ton | 808 $/ton | -33 |
| Acrylonitrile ACN domestic market | 10,600 yuan/ton | 10,700 yuan/ton | +100 |
| Acrylonitrile ACN overseas market | 1,200 $/ton | 1,200 $/ton | – |
| Acrylic staple fiber ASF domestic market
Polymer PET Resin |
14,600 yuan/ton | 14,600 yuan/ton | – |
| Viscose Staple Fiber VSF domestic market | 13,000 yuan/ton | 13,000 yuan/ton | – |
| PP Powder domestic market | 7,230 yuan/ton | 7,200 yuan/ton | -30 |
| Naphtha overseas market | 710 $/ton | 681 $/ton | -19 |
| Phenol domestic market | 8,177 yuan/ton | 8,137 yuan/ton | -40 |
r-PET high end eco-friendly chips =8,300 yuan/ton — 8,200 yuan/ton -100
- r-PET Packaging – Polymer prices: Upward trend continues due to higher feedstock costs 29-04-2024
- New enzyme technology for environmentally friendly plastic recycling
Polymer PET Resin
CARBIOS and Hündgen enter supply agreement for world’s first PET biorecycling plant
CARBIOS has partnered with Hündgen Entsorgungs GmbH & Co. KG to supply 15kt/year of post-consumer PET waste for the world’s first PET biorecycling plant in Longlaville, France, operational from late 2026. Polymer PET Resin
Hündgen will utilize its expertise in waste management to source and prepare this waste, transforming it into food-grade materials using CARBIOS’ enzymatic technology.
This collaboration ensures a significant portion of the feedstock needed for CARBIOS’ plant, which will have a 50kt/year capacity at full operation. The plant’s strategic location near Belgium, Germany, and Luxembourg facilitates access to waste supplies.
CARBIOS’ technology can recycle all PET waste types, including those unsuitable for traditional recycling methods.
This innovation offers a circular solution for multilayered, colored, opaque packaging, and polyester textiles. Polymer PET Resin
Emmanuel Ladent, CEO of CARBIOS, highlights the secured feedstock and the benefits of their biorecycling technology, including flexibility, cost-effectiveness, and the strategic advantage of proximity to waste sources.
Christian Hündgen, CEO of Hündgen, emphasizes the importance of innovative technologies and international cooperation in advancing plastic packaging recycling standards.
This partnership marks a significant step in PET non-bottle recycling in Europe.
