Polymers Petrochemicals rPET Recycling 22-05-2019 - Arhive
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- China – Polyethylene Terephthalate
- PET and its chain :the fall continues.
- Crude oil is steady,but it wobbls.
- Polyamide 6 and its chain continue to lose ground.
PET Bottle grade export 910/960 $/ton – PET Bottle grade domestic market 7,100/7,200 yuan/ton – PET Filament grade SD domestic market 6,800/6,900 yuan/ton – PET Filament grade BR domestic market 6,900/7,000 yuan/ton
- PTA Taiwan 800/815 $/ton – PTA domestic market 5,900/6,000 yuan/ton – MEG 515/525 $/ton – MEG domestic market 4,200/4,300 yuan/ton – PX Korea 820/835 $/ton
- Polyester POY 150D/48F domestic market 7,250/8,350 yuan/ton – Polyester DTY 150D/48F domestic market 9,450/9,550 yuan/ton – Polyester Staple PSF domestic market 7,850/7,950 yuan/ton
Crude Oil Prices Trend Polymers Petrochemicals rPEt Recycling
-Italy’s Piovan to open an office in Morocco
Piovan, an Italian company that supplies ancillary equipment, engineered solutions and services to the plastics industry, is opening a commercial branch in Morocco. After opening an office in Algeria and South Africa, the company is having a third one in Africa through its Morocco facility, Italian newspaper Milano Finanza reported Tuesday.
The objective of this new facility is to set a foot in the African continent and strengthen the North African presence of the Italian firm, the same source said.
«Morocco is a country that has an interesting industry», Piovan CEO Filippo Zuppichin said. «Being present in the country is meant to better develop our strategy», he added.
-Oil is rallying on supply worries after Trump threatens the ‘official end of Iran’
Crude oil jumped Monday after President Donald Trump threatened Iran and oil producers signaled they would maintain supply cuts.
“If Iran wants to fight, that will be the official end of Iran,” Trump tweeted. “Never threaten the United States again!”
The OPEC cartel of oil-producing countries plans to reduce inventories “gently” with an eye on the needs of a “fragile” market.
Crude-oil prices jumped by as much as 1.6% on Monday after US President Donald Trump threatened the “official end of Iran” and oil producers signaled they would maintain supply cuts. Polymers Petrochemicals rPEt Recycling
-ITMA 2019 Exhibitor Preview: A. Monforts Textilmaschinen GmbH & Co. KG
Monforts Textilmaschinen GmbH & Co. KG will demonstrate a range of new advances made possible by Industry 4.0 techniques at ITMA 2019 in Barcelona, Spain, from June 20-26.
At stand D101 in Hall 2, visitors will discover the possibilities of ‘digital twin’ capability – now being made available for all Monforts machine systems – and that by exploiting the latest advanced sensor technology, comprehensive technical machine data can now be virtually mapped in the cloud in real time.
The data can be easily accessed using the new Monforts Smart Support and Smart Check apps for an instantaneous status overview.
-The debate: Biodegradable and compostable plastic bags
As we reported recently, a study conducted by researchers at the University of Plymouth, designed to provide insights into the environmental deterioration of plastic bags made from different polymer types, has been the subject of some dispute.
In brief, the five bags chosen for the study comprised two oxo-degradable bags, one fossil non-biodegradable polyethylene bag, one bag marked as biodegradable, and one bag certified compostable according to the European Norm 13432.
Its main conclusions, according to the official press release, were that: “After nine months in the open air, all the materials had completely disintegrated into fragments. However, the biodegradable, oxo-biodegradable and conventional plastic formulations remained functional as carrier bags after being in the soil or the marine environment for over three years.
-Graham Packaging commits to 100% reusable, recyclable, or compostable packaging by 2025
Graham Packaging, part of the Reynolds Group signed the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment.
The agreement states that by 2025 100% of its plastic packaging can be reused, recycled, or composted. Graham Packaging joins hundreds of the world’s leading brands that also signed this pledge.
“Since its founding nearly five decades ago, Graham Packaging has been dedicated to the design and manufacturing of environmentally friendly plastic packaging solutions,” said Tracee Reeves, head of sustainability and chief general counsel, Graham Packaging. “This new commitment will bring together all of our resources to reduce global waste and help our customers reach their sustainability goals.”
-Oil from US shale on track to rise 16% in 2019
US shale operators are on course to increase oil production markedly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million b/d, or 16% for the full year, according to Rystad Energy.
After a paltry first quarter, depressed by weather effects, US shale players over the past weeks have assured investors that they will achieve previously communicated production targets, as well as demonstrate excellent capital discipline and cost control.
-X-Rite Showcases New Color Formulation Software at ITMA 2019
New release of Color iMatch has the unique ability to intelligently process color data to account for dye behavior under current process conditions, helping textile suppliers reduce wasteful dye attempts and support a sustainable manufacturing process.
X-Rite Incorporated and Pantone LLC, global leaders in color science and technology, announce the availability of its latest release of Color iMatch formulation software for the textile industry. The company will showcase the software at ITMA, June 20 – 26 in Barcelona, Spain. The new release of Color iMatchaccelerates recipe creation for the textile industry through better initial matches and fewer corrections for faster dyeing times, cost savings and reduced waste. Polymers Petrochemicals rPEt Recycling
-Vandewiele Show of Digital Strength at Carpet Weaving with RCE2+
Virtual and remote control now allows for the Big Data analysis that is propelling the industry forward and will pave the way for AI applications. For carpet manufacturers, all of this is leading to the creation of truly Smart Factories.
Vandewiele show of digital strength at carpet weaving with RCE2+: developed for new needs of the new era
The new RCE2+ Rug and Carpet Expert weaving machine is a truly digital workhorse, with all yarns continuously controlled and measured and the difficult bobbin changes of the past completely eliminated. This is as a result of Vandewiele’s latest Fast Creel, with the feed and tension of each pile yarn controlled by individual servomotors.
The pile yarns are now fed directly into the machine without having to pass pile-stop motions, to both increase efficiency and eliminate any waste yarns, while achieving previously unreachable industrial speeds. Polymers Petrochemicals rPEt Recycling
-Austrian fiber producer Lenzing to launch blockchain-based traceability platform
Austrian fiber producer Lenzing has announced its plans to use blockchain technology for end-to-end traceability of its fibers.
In a press release dated May 17, Lenzing said that it has entered into a partnership with TextileGenesis, a Hong Kong-based technology company, to implement blockchain technology.
It added that it examined a number of initiatives before deciding to join the platform develop by TextileGenesis.
-BASF announces plastic plans for new Verbund site in China
BASF plans to build an engineering plastics compounding plant and a thermoplastic polyurethane (TPU) plant at the company’s proposed integrated chemical production (Verbund) site in Zhanjiang, China. These will be the first production plants to come onstream at the site.
By 2022, the new engineering plastics compounding plant will supply an additional capacity of 60 000 tpy of BASF engineering plastics compounds in China. This will bring the total BASF capacity of these products in Asia Pacific to 290 000 tpy. As part of the company’s plan to implement a comprehensive smart manufacturing concept at the Verbund site based on cutting-edge technologies, the new plants will utilise automated packaging, high-tech control systems, and automated guided vehicles.
