Polymers Petrochemicals Packaging Plastics 26-03-2019
- China – Polyethylene Terephthalate
PET and its chain are steady, with exception of PX that continues to lose ground.
- Polyamide 6 and its chain are always steady.
PET Bottle grade export 1,060/1,100 $/ton – PET Bottle grade domestic market 8,500/8,600 yuan/ton – PET Filament grade SD domestic market 7,700/7,800 yuan/ton – PET Filament grade BR domestic market 7,800/7,900 yuan/ton
PTA Taiwan 835/845 $/ton – PTA domestic market 6,550/6,650 yuan/ton – MEG $ 6,30/640 $/ton – MEG domestic market 5,000/5,150 yuan/ton – PX Korea 1,010/1,025 $/ton
POY 150D/48F domestic market 8,950/9,050 yuan/ton – DTY 150D/48F domestic market 10,550/10,500 yuan/ton – PSF domestic market 8,700/8,850 yuan/ton
A Lightweight option has been added to Agr’s Process Pilot blow-moulder management system to help producers get closer to meeting sustainability goals.
According to Agr, the Process Pilot system, with the Lightweight option, provides assurance that the limited material available for producing a lightweight PET bottle is distributed exactly where it needs to be, and at the appropriate thickness, to ensure proper performance.
Most avenues to sustainability are not under the direct control of the bottle manufacturer or brand owner, but the reduction and optimisation of the amount of resin used to make the bottles certainly is. Resin (or weight) reduction per bottle does not need to be excessive to have an impact with regards to sustainability and financial benefits, particularly when factoring in the quantity of bottles produced over a given period of time.
Crude Oil Prices Trend
The Abu Dhabi National Oil Company (ADNOC) will cooperate with OMV to explore new opportunities in petrochemicals and OMV’s ReOil plastic-to-oil technology, the United Arab Emirates (UAE) company said.
ADNOC signed two memorandums of understanding (MoUs) with the Austria-based energy and petrochemicals producer on Saturday.
The first MoU involves evaluating potential petrochemical projects and exchanging knowledge in refinery-petrochemical integration and optimisation, possibly extending their existing relationship.
The second MoU involves the possibility of OMV’s ReOil technology in Ruwais, where ADNOC’s integrated refining and petrochemicals hub is located.
OMV’s ReOil recycling process uses thermal cracking to produce synthetic crude oil from plastic waste.
“The agreements with OMV build on, and further strengthen, our long-term partnership across the full oil and gas value chain,” said Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.
Association announces its 2019 Plastics Recycling Showcase.
The Association of Plastic Recyclers (APR), Washington, recently recognized four innovations in plastics recycling as part of the 2019 APR Plastics Recycling Showcase. The event was held during the 2019 Plastics Recycling Conference and Trade Show in National Harbor, Maryland, March 11-13.
The APR says it developed the showcase to highlight and promote industry-leading innovations that have a positive effect on plastics collection and recycling. In determining the showcase, the APR focuses on recently commercialized innovations developed by its member companies.
On the occasion of the 14th German packaging congress in Berlin, the German Packaging Institute (dvi) has surveyed consumers about their opinion about plastics, packaging and sustainability.
The tns-infratest survey yielded interesting results. Every other consumer (45.4 per cent) considers themselves responsible for ocean plastic waste as part of the consumer society. Product and packaging manufacturers and retailers are deemed to be almost equally responsible at 35.8 per cent.
When asked about suitable measures to avoid waste, consumers had a clear vision. For packaging, 40 per cent of consumers would like a stronger focus on important core tasks such as protection and safety (43.7 per cent). More than a third would like to see a boost for the development of alternative packaging materials (37.5 per cent).
Metal-to-plastic conversions for underhood applications continue to advance both for next-generation internal combustion engines (ICEs) and electrical vehicles (EVs).
That was the message from Erico Spini, Global Marketing Manager for Radici Group’s Performance Plastics (Gandino, Italy).
That’s not to say these conversions are without challenges, but Radici Group is making headway with engineering polymers that make these conversions possible, adding value and lightweighting benefits.
Under the heading “Meet your experts”, Freudenberg Performance Materials will be presenting innovative technical textiles for the automotive, medical and apparel markets from May 14 to 17, 2019 at Techtextil in Frankfurt, Germany, in Hall 3.1, Stand F 37.
Alongside personal discussions, the leading supplier of innovative technical textiles will be hosting a series of expert interviews at its booth. Freudenberg works with the broadest technology platform on the market. This enables the leading manufacturer of performance materials to equip technical textiles with an unparalleled variety of properties.
Kenya is amongst the countries in Africa set to benefit from a Sh3.8 billion fund from Coca-Cola to stimulate plastic recycling industries and create awareness on plastic waste pollution.
Through the funding, the beverage manufacturer will speed up the collection and recycling of PET plastic bottles in Southern, East and Central Africa in the next three years addressing the implementation of its global World Without Waste vision, aimed to collect and recycle close to 100 per cent of the packaging it sells by 2030.
“We have formulated strategies to ensure that our post-consumer plastic bottles do not pollute the environment as wastes. We are creating value from our bottles in a bid to drive and sustain a green economy,” said Ahmed Rady, General Manager, Coca-Cola East & Central Africa Franchise.
Oil prices were mixed on Monday, as concerns about a slowdown in global economic growth lingered, offset by the prospect of tighter U.S. crude supply.
Brent crude oil futures settled at $67.21 a barrel, up 18 cents, while U.S. crude fell to $58.82 a barrel, down 22 cents.
“Some of the weakness we saw earlier was related to the reawakening of concerns surrounding demand growth,” said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut.
In our latest episode of Futaris, we saw how European bioengineers could be soon using yeast to manufacture drugs. Here are edited excerpts from a conversation withCHASSY project coordinator and Yeast biotechnologist, John Morrissey.
“In some cases, the consumer will not actually notice the difference, because the products that can be produced in yeast in some cases will mimic exactly what can already be produced. And for some uses, that’s very important, because some of the products, the molecules that we produce in yeast will then feed into the next part of a production chain.
The United states continues to attract investment, both foreign and domestic, in a range of industry sectors.
U.S. manufacturing continues to progress in 2019. The latest Manufacturing ISM® Report On Business® published by the Tempe, Ariz.-based Institute for Supply Management® (ISM®) continues to report positive news: “Economic activity in the manufacturing sector expanded in February, and the overall economy grew for the 118th consecutive month, said the nation’s supply executives.” And the same report stated that of the 18 manufacturing industries, 16 reported growth in February, with the “Textile Mill” sector ranking third out of the 16 sectors.
Carrington Textiles continues to demonstrate its commitment to innovation in workwear with the launch of three new fabrics at this year’s Techtextil. Held in Frankfurt, from 14-17 May, this leading biennial trade fair for technical textiles and nonwovens has become a world stage for innovators in textile manufacturing.
Designed with worker comfort and wellbeing in mind, Carrington will be exhibiting Xtraflex SL with 37.5 Technology, Molveno and Varese – the latter being an eco-friendly addition to Carrington’s popular EOL Stretch Collection.
“At Carrington, we are constantly exploring new ways to revolutionise what has come before. Now, more than ever, it is necessary to strive towards a product that is sustainable, as well as comfortable, fashionable and durable – there’s no longer a need to compromise,” commented Kirsty Kirk, Research & Development Manager.
Picanol, a market leader in airjet and rapier weaving machines, will present its latest solutions for i.a. wide weaving (up to 540 cm), heavy weaving, agrotextiles, carpet-backing, coating fabrics, para-aramides and tyre cord at Techtextil, in Frankfurt, this May.
The company will be joining the Belgian Lounge, located in Hall 3. The company considers the exhibition a major stepstone for the ITMA trade fair in Barcelona this June, where several Picanol machines will be on show, producing challenging technical fabrics.