Polymers Petrochemicals Biodegradable Packaging 20-03-2019
- China – Polyethylene Terephthalate
PET and its chain are assessed mixed.
- Polyamide6 and its chain continue to be steady.
PET Bottle grade export 1,050/1,090 $/ton – PET Bottle grade domestic market 8,350/8,450 yuan/ton – PET Filament grade SD domestic market 7,650/7,800 yuan/ton – PET Filament grade BR domestic market 7,750/7,850 yuan/ton
PTA Taiwan 840/850 $/ton – PTA domestic market 6,300/6,450 yuan/ton – MEG $ 635/645 $/ton – MEG domestic market 5,050/5,150 yuan/ton – PX Korea 1,050/1,060 $/ton
POY 150D/48F domestic market 8,900/9,000 yuan/ton – DTY 150D/48F domestic market 10,500/10,600 yuan/ton – PSF domestic market 8,700/8,850 yuan/ton
The Turkish company Koksan Pet and Packaging, a local producer of polyethylene terephthalate (PET), has postponed plans to launch line 2 for the production of polyethylene terephthalate (PET) by the end of 2019 in the city of Gaziantep (Gaziantep, Turkey), ICIS reports with reference on the words of the source in the company.
According to the source, the uncertain economic situation caused the delay in the implementation of the second line project with a capacity of 260 thousand tons of PET per year.
Crude Oil Prices Trend
LANXESS at the VDI Congress “Plastics in Automotive Engineering”, April 3 – 4, 2019, Mannheim, Congress Center Rosengarten
e-Powertrain team for electromobility founded
Newly developed, fatigue resistant polyamide 6 types
“High-Tech Thermoplastics for Future Mobility”: This is the slogan under which the High Performance Materials (HPM) business unit of the specialty chemicals company LANXESS will be showcasing at the VDI Congress “Plastics in Automotive Engineering” in Mannheim. “Our focus this year is on new applications in electromobility and cost-effective alternatives to polyamide 66 compounds. We are also focusing on lightweight design with continuous-fiber-reinforced thermoplastic composites and new solutions such as hollow-profile hybrid technology,” says Dr. Martin Wanders, Head of Global Application Development in HPM.
PureCycle Technologies is stepping up an effort to open an Ohio plant that would use a polypropylene plastic recycling process based on patented technology developed by Procter & Gamble Co.
The plant would restore used polypropylene plastic to virgin-like quality with a recycling method that is one of a kind, according to the Cincinnati-based maker of Tide detergent (NYSE: PG) and Chicago-based PureCycle.
The P&G technology enabled PureCycle to strike partnerships with Swiss-based food and beverage company Nestlé and South Carolina-based specialty chemicals firm Milliken & Co.
Egypt’s planned $10bn Tahrir Petrochemicals Complex (TPC) in the Suez Economic Zone will outshine competitors in the Middle East as its exports to Europe will be more competitive when it starts up in 2023, according to the chief projects officer (CPO) at producer Carbon Holdings.
First envisaged by Carbon Holdings in 2012, TPC’s construction start-up date has been delayed several times.
The guidance in 2018 indicated construction would start in the first quarter of 2019, but the company’s chief projects officer (CPO) Peter Skelly confirmed actual construction would start in the fourth quarter.
Supply of Group I base oils from Iran is likely to tighten in the weeks ahead as market participants there mark the annual Nowruz, or Iranian new year, holidays which start this week.
Although Nowruz officially starts on 20 March, Iranian market participants said they would likely start their holidays a few days before that, probably as early as 16 March, before returning to work in late-March.
Ahead of the holidays, spot prices of Group I SN500 base oils in Iran fell to their lowest in about two-and-a-half years in the week ended 14 March, dragged by lower priced deals done by Iranian refiners while demand in the region remained generally weak.
Saudi Arabia’s crude oil exports continued to fall at the start of this year after OPEC’s largest producer started to aggressively cut oil supply in December last year to prevent another glut, while the Kingdom signals that further cuts are coming.
According to data by the Joint Organisations Data Initiative (JODI) database, which collects self-reported figures from 114 countries, Saudi crude oil exports dropped to 7.254 million bpd in January, down from 7.687 million bpd in December 2018.
During the last month of 2018, OPEC’s de facto leader and the cartel’s key ally Russia realized their preemptive production ramp-up to meet a steep Iranian export shortfall would create another glut if they don’t implement another round of cuts, which they did, starting in January.
Carlos Monreal is the association’s first president
It is the right time to enhance the opportunities for chemical recycling in Europe in order for the plastics industry to be fully circular, says the first president of a new organisation called Chemical Recycling Europe.
The non-profit association was established at the start of the year with the vision of establishing an industry platform for developing and promoting chemical recycling technologies for polymer waste across
The 2019 edition of Heimtextil—the world’s largest trade fair for home and contract textiles, held in Frankfurt, Germany, during January 8-11, 2019—attracted a large number of visitors and exhibitors from all over the world, affirming Heimtextil’s reputation as one of the most important and most international home textiles fairs.
Visitors to Heimtextil had the opportunity to browse the latest product developments in the sectors of decorative and upholstery fabrics, digital print, household textiles, wallpapers and wallcoverings, and window and interior decoration.
Numerous innovations were presented at the fair, including environmentally sustainable fibres, flame resistant fabrics, performance fabrics for outdoor applications, sun protection fabrics, and new fibrefill products.
Americhem will be highlighting the latest technology at the IDEA 2019 show in Miami FL.Americhem, a leading designer and manufacturer of custom colour masterbatch, functional additives, engineered compounds and performance technologies, is expanding its additive softening technology platform.
Its mBrace products are designed to provide an enhanced soft feel while offering efficient processing with extremely low volatiles. Most of the mBrace line can be used as a single additive package or combined with colour for an all-encompassing concentrate solution.
Tronox Limited (NYSE: TROX) (“Tronox” or the “Company”), a global mining and inorganic chemicals company, today confirmed that its proposed acquisition of the titanium dioxide (“TiO2”) business of The National Titanium Dioxide Company Limited (“Cristal”) will be presented to the Federal Trade Commission for its consideration.
Thinking about sustainable packaging? With the attention given to this issue globally, odds are your top management and marketing folks are asking you to check into packaging that can be composted or possibly biodegraded in marine environments. Here are the eight things you need to know and share with them before starting on a rather complex and potentially costly journey that does not always lead to the intended results.
- Biodegradation is a process, not an end result.Biodegrade showing tractor at biodegradable compost heap
Biodegradation occurs when materials are broken down into simpler materials by bacteria, fungi, or other biological means. The end result you are looking for is probably home or industrial compostability, which is where biodegradation can lead. Ditto for marine biodegradation.