Polymers Petrochemicals Polyethylene Terephthalate 04-05-2019

-‘India will have to play deft diplomacy in managing relations with Iran and America’

India is among the eight nations whose six-month-long exemptions from US sanctions to stop buying oil from Iran ended on Thursday.

"A break above USD 75/barrel in oil is a risk for the Indian markets"

“A break above USD 75/barrel in oil is a risk for the Indian markets”

Singapore: India will have to play deft diplomacy in managing its relations with Iran and America, post US sanctions asking New Delhi to stop buying oil from Tehran, according to a former Indian top official.

India is among the eight nations whose six-month-long exemptions from US sanctions to stop buying oil from Iran ended on Thursday.

In November, the US had granted a six-month waiver to India, China, Greece, Italy, Taiwan, Japan, Turkey and South Korea to continue importing oil from Iran.

Polymers Petrochemicals Polyethylene Terephthalate

-Venezuela Keeps Oil Exports Stable In April

Despite an escalating situation in Venezuela, oil exports from the country remained perhaps surprisingly stable in April, at an average daily rate of 1.06 million barrels, Reuters reports, citing its own shipping and trading data.

Shipments of Venezuelan crude to China increased during last month, as did cargoes bound for India. The flow of oil from Venezuela to Cuba continued despite attempts by the opposition to put a stop to these.

China took in about a third of the total, at 337,000 bpd, with India importing 27 percent, and Europe a tenth of the total.

Reuters notes, though, that this month things may change, as exports to the US fall even further. The only reason they haven’t already seems to be the grace period Washington gave U.S. importers of Venezuelan crude to wrap up their business with state-owned PDVSA. The deadline for this wrap up was April 28.

-Polyimide fibers market is expected to witness a CAGR of 5.0% from 2018 to 2026

Persistence Market Research has published a new research report on polyimide fibers. The report has been titled, “Polyimide Fibers Market: Global Industry Trend Analysis 2013-2017 and Forecast 2018-2026.” The global polyimide fibers market is expected to witness moderate growth prospects over the years ahead. The complex manufacturing procedure and premium prices for these fibers have resulted in their restricted use for highly specific conditions. According to the report, the global polyimide fibers market is expected to witness a CAGR of 5.0% from 2018 to 2026. In 2017, the market was worth US$ 279.2 Mn and is expected to touch a valuation of US$ 433.6 Mn by the end of 2026.

The presence of a limited number of players has made this market a consolidated one.Polymers Petrochemicals Polyethylene Terephthalate

-Henkel and Ampacet develop recyclable black bottle

Henkel has developed, in collaboration with masterbatch producer Ampacet, a black plastics package that is fully recyclable and does not use carbon black colour. This, say the companies, enables used bottles to be integrated back into the value chain.

The solution is being rolled out with black bottles of toilet cleaning products under the Bref brand this month, following by further Henkel products during the course of the year.

“Recognising that black bottles are one of the central challenges when it comes to recyclability of used packaging, we want to be part of the solution. The new material will contribute to closing the loop of plastics packaging in a sustainable way,” says Vineet Varman, head of international packaging development for Special Detergents at Henkel Laundry & Home Care.

-Italian Company Aquafil Is Making Swimsuits from Garbage

As v To you, it’s a garbage dump. To Italian entrepreneur Giulio Bonazzi, it’s the launchpad for a Stella McCartney handbag or a pair of Levi’s jeans.

“When I look at a landfill, I see a goldmine,” Bonazzi, the founder and chief executive of nylon manufacturer Aquafil, said in an interview.

As volumes of plastic-based waste reach a tipping point in oceans and trash heaps around the world, Bonazzi’s company is recycling the material and turning it into nylon used to make upscale apparel and accessories.olumes of plastic-based waste reach a tipping point in oceans and trash heaps around the world Aquafil recycles the material and turning it into nylon used to make upscale apparel and accessories.

-ITMA 2019 Exhibitor Preview: Savio Macchine Tessili — High Tech And Industry 4.0 Winding Solutions

Over its 100+ years history, the Italian manufacturer Savio acted as technological leader and most innovative player in attractive niches of the textile value chain. Savio leverages on the best value-for- money proposition in the industry and has a consolidated presence in all relevant geographies with a local-for-local approach, allowing to promptly address market demand and requirements.

Savio is specialized in the yarn-finishing segment, being the leading supplier of winding, twisting and rotor spinning machines, with manufacturing plants spanning over Italy, China, India and Czech Republic. Savio will exhibit in Barcelona innovative, highly automated, energy saving and Industry 4.0 solutions in all displayed machines.

-Fourth compounding workshop to be held at AIMPLAS’ facilities

On 29 and 30 May 2019, the fourth edition of the compounding workshop ‘The art of mixing, reinforcing and incorporating additives to plastics’ will be held at AIMPLAS’ facilities in Valencia, Spain.

Luis Roca, head of the Compounding Department of AIMPLAS, will lead the workshop discussing the latest innovations in the field of compounding.

This workshop is aimed mainly at companies who want to strengthen their knowledge in compounding, particularly in techniques such as plastics mixing, reinforcing, additivation and co-rotating twin screw extrusion, putting special interest in ‘screw design’, ‘control process’, ‘Co-TSE description’ and ‘troubleshooting’, as well as in practical training.

-Industry-ready process makes plastics chemical from plant sugars

Developing renewable, plant-based alternatives for petroleum-derived chemicals is a major piece of the effort to transition away from a fossil-fuel based economy toward a more sustainable and environmentally friendly bio-based economy.

But integration of novel and unproven technology into existing industrial systems carries an element of risk that has made commercialization of such advances a significant challenge.

-SSM to present new textile machines at ITMA 201903

Scharer Schweiter Mettler (SSM) is set to display its trend-setting, breakthrough technologies at ITMA 2019 expo, in hall 6, booth C201. The international textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. The leading textile machinery company, based in Horgen, Switzerland, is a subsidiary of the Rieter Group.

SSM will continue their tradition of displaying breakthrough technologies such as preciforce (self-regulating pressure force system for the SSM XENO platform) and powerblade. The SSM XENO series are the modular winding machine platform, available with all three leading SSM winding technologies – extended with the powerblade, combining the advantages of blade winding and electronic yarn traverse, the company said in a press release.

-Imogo to display Dye-Max spray dyeing technology at ITMA03

Imogo is set to display its new Dye-Max spray dyeing technology at ITMA 2019, from June 20-26, 2019, in Barcelona. Imogo is a Swedish company formed by a team with experience in textile processing technology. Imogo is partnering with ACG Kinna, to build the first Dye-Max line and will be present at the ACG Kinna automatic stand at ITMA, in stand H3, D239.

While still at the prototype stage, and with a first full-scale line currently under construction and due to be demonstrated this Autumn before delivery, the Dye-Max nevertheless promises to slash the use of fresh water, waste water, energy and chemicals by as much as 90 per cent compared to conventional jet dyeing systems, Imogo said in a press release.

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