Polymers Petrochemicals BioPET Bioplastic 29-06-2019

Polymers Petrochemicals BioPET Bioplastic

-Vietnam, Poland boast substantial potential for cooperation: workshop

There is still big room for Vietnam and Poland to expand their trade and investment cooperation, heard a workshop in Ho Chi Minh City on June 28.

Phan Thiet Hoa, Director of the Investment and Trade Promotion Centre of HCM City (ITPC), said trade between Vietnam and Poland reached nearly 1.6 billion USD in 2018, up 60 percent year-on-year, of which Vietnam’s exports to the Central European country was close to 1.33 billion USD, a rise of 72 percent.

Vietnam’s major exports to Poland are seafood, garment-textiles, plastics products, cereals, coffee and footwear, he added. Polymers Petrochemicals BioPET Bioplastic

Polymers Petrochemicals BioPET Bioplastic

-BASF to reduce workforce by 6,000 in cost saving programme

BASF is to reduce its headcount by nearly 5% until the end of 2021, or 6,000 employees, the German chemicals major said on Thursday.

“As a result, the company expects savings of €300m, as part of the ongoing excellence program,” it said.

BASF employs globally around 122,000 workers.

It did not say how the reduction in headcount would be distributed by regions.

It did not clarify either whether the reduction in headcount would be undertaken via a redundancy programme or early retirements.

The company said it expects its ongoing cost savings programme, of which this is part, to contribute €2bn/year to earnings from the end of 2021 onwards.

Polymers Petrochemicals BioPET Bioplastic

-Uster shows new features of Uster Tester 6 at ITMA

Uster is displaying two new features of the Uster Tester 6 and total mill optimisation through the Quality Management Platform at ITMA 2019, in hall 6, booth D201. The leading textile and garment technology exhibition is being held from June 20-26, 2019, at Barcelona, Spain. Uster is the leading provider of quality management solutions from fibre to fabric.

The new feature includes the facility for measuring conductive yarn through the Frequent Occurrences (FO) feature of Uster Tester 6, and the high-speed assessment of twist and twist variation as part of a single yarn testing routine. Polymers Petrochemicals BioPET Bioplastic

Polymers Petrochemicals BioPET Bioplastic

-Domo presenting PA polymers at AeroCar

With a focus on the use of composites and new materials in the aeronautic and automotive sectors, Domo Engineering Plastics is presenting its portfolio of ECONAMID polyamide polymers based on valuable post-production feedstock at the AeroCar Final Event in Spain.

Polymers Petrochemicals BioPET Bioplastic

-US Will Sanction Any Countries That Import Iranian Oil: Special Envoy

The United States will sanction any country that imports Iranian oil and there are no exemptions in place, the U.S. special envoy for Iran said on Friday.

U.S. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other top Iranian officials with sanctions on Monday, taking an unprecedented step to increase pressure on Iran after Tehran’s downing of an unmanned American drone last week.

Polymers Petrochemicals BioPET Bioplastic

-PepsiCo Announces 100% Recycled Plastic LIFEWTR Packaging, Elimination of Bubly Plastic Bottles

PepsiCo, Inc. has announced that LIFEWTR will be packaged in 100% rPET (recycled polyethylene terephthalate), and bubly will no longer be packaged in plastic.

The company’s AQUAFINA water brand will also offer aluminum can packaging in U.S. food service outlets, while the brand tests the move in retail.

The changes, which all go into effect next year, are expected to eliminate more than 8,000 metric tons of virgin plastic and approximately 11,000 metric tons of greenhouse gas emissions, representing the latest ambitious steps in the company’s sustainability journey and pursuit of a circular economy for plastics.

Polymers Petrochemicals BioPET Bioplastic

-U.S. Polyester Textured Yarn Producers Applaud U.S. Department Of Commerce’s Affirmative Preliminary Antidumping Duty Determinations On Imports Of Polyester Textured Yarn From China And India

On June 26, 2019, the U.S. Department of Commerce (“Commerce Department”) announced affirmative preliminary determinations that imports of polyester textured yarn from China and India are being unfairly sold below their fair value in the United States at significant double-digit margins, as follows.

Polymers Petrochemicals BioPET Bioplastic

-SABIC LAUNCHES SUSTAINABLE DEVELOPMENT GOALS ROADMAP

SABIC a global leader in the chemical industry has today launched its Sustainability Roadmap aligned to the United Nations Sustainable Development Goals (SDGs), outlining ambitious targets relating to resource efficiency, climate change, the circular economy, food security, sustainable infrastructure, and preservation of the environment.

SABIC LAUNCHES SUSTAINABLE DEVELOPMENT GOALS ROADMAP

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