Polymers Petrochemicals Smart Textiles 24-04-2019
- China – Polyethylene Terephthalate
- PET and its chain lose ground .
- Crude oil is on high price,but steady .
- Polyamide 6 and its chain are steady.
PET Bottle grade export 1,050/1,080 $/ton – PET Bottle grade domestic market 8,250/8,400 yuan/ton – PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,750/7,900 yuan/ton
- PTA Taiwan 845/860 $/ton – PTA domestic market 6,500/6,600 yuan/ton – MEG 590/600 $/ton – MEG domestic market 4,550/4,650 yuan/ton – PX Korea 950/960 $/ton
- Polyester POY 150D/48F domestic market 8,700/8,800 yuan/ton – Polyester DTY 150D/48F domestic market 10,250/10,350 yuan/ton – Polyester Staple PSF domestic market 8,800/9,000 yuan/ton
The contract price of para-xylene in Europe for April deliveries was agreed at the level of March – EUR995 per tonne, market participants told ICIS on Tuesday.
The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe).
Sources in the European market expected that the contract price of paraxylene in the current month would either remain at the level of the previous month, or be slightly reduced against the background of a balanced supply of material in the market and in low demand.
Oil prices on the upstream market increased in March – April, which could limit any downward pressure from weak demand.
Crude Oil Prices Trend
The concerns about plastic waste, recycling and sustainability are growing in Brazil just as they are in countries around the world.
Sustainability was never absent in Brazil, said Edison Terra, vice president of Braskem’s business unit for polyolefins, renewables and Europe.
He made his comments on the sidelines of the Feiplastic plastic trade show.
In fact, Braskem has been producing renewable polyethylene (PE) for about a decade at its Triunfo site in Rio Grande do Sul state.
The plant’s ethylene is produce by dehydrating ethanol.
However, concerns about sustainability and plastics have increased in the past couple of years in Brazil, Terra said, adding that part of this is due to the global nature of consumer brands.
Houston, TX—Kaneka Americas Holding, Inc. has announced in a press release the creation of a Biopolymers Division based in Houston.
Kaneka’s PHBH is a plant-based product that offers both flexibility and heat resistance, produced via a bio-fermentation process which uses renewable plant oils as feed stock, the press release says.
The product is bio-compostable, strongly resistant to heat, and can act as a barrier to water vapor.
Southeast (SE) Asia’s polypropylene (PP) market looks set to embark on a bumpy second half of 2019 as new capacities begin creeping in from regional start-ups.
Spot PP flat yarn grade prices regained some ground late in the first quarter of 2019, after plummeting to yearly lows in December 2018.
A flood of cargoes from India descended on the Chinese market late in 2018 as producers there sought to clear built-up inventories.
The SE Asia market was not spared, and spot prices came under pressure, with all-origins PP flat yarn spot prices bottoming out at $1,095/tonne CFR (cost and freight) SE Asia in January 2019, according to ICIS data.
Franchisees Share Some of their Best Practices for Going Green
This month, America and the whole world will turn “green” for a day in observance of Earth Day on April 22, but at Signarama Fort Collins, every day is a green day. An eco-friendly business leader, the store is also a member of ClimateWise, a program offering solutions and strategies to address the impacts of climate change.
“Our business is in a community that takes leaving behind a positive carbon footprint very seriously,” said Patti Westfall, who co-owns the Signarama Fort Collins franchise with husband Wes. “We are heavily invested in the eco-friendly movement and not only do we offer sustainable materials in the manufacturing process, but our store is powered 100 percent by green energy.”by 6.1% from the start of the year. By contrast, non-dutiable PP flat yarn prices increased by a more modest 3.2%.
Made from 100% polyester, the new fabric boasts 45% polyester from PBT and 55% REPREVE recycled polyester, a sustainable fibre made from post-consumer plastic originally employed in the food industry (PET), patented by Unifi, a company operating in the textile market featuring a modern production plant which processes about 250,000 used bottles every hour. © Carvico.
Leading Italian warp knitter Carvico has introduced an innovative and sustainable range of fabrics called Melville, which are made from PBT (polybutylene terephthalate) and recycled polyester.
“Wastes which make it into fashion, plastic which is turned into fabrics, pollution which brings about new opportunities: this is how Melville, a new recycled fabric made by Carvico from plastic bottles, has been engineered,” the company said in a press statement today.
Europe is the second largest regional packaging market accounting for around 25.0% of global packaging market value in 2017. The European packaging market is valued at €195.2 billion in 2018 and is forecast to grow to €214.0 billion in 2023 according to exclusive research in the new Smithers Pira publication – The European Packaging Competitive Landscape: Strategic Forecasts to 2023.
There is still scope for genuine market expansion in eastern Europe, but western Europe increasingly presents a saturated market. To find new revenue, Europe’s packaging firms will need to innovate and diversify their product portfolios. Smithers’ analysis identifies the following four growth opportunities for the next five years and beyond.
China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions.
President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions.
The move, which took many market participants by surprise, ends six months of waivers which had allowed Iran’s eight biggest buyers of crude to continue to import limited volumes.
Group Galloo susbsidiary to work with Toyota Tsusho and Veolia on 40,000 tons-per-year plant.
Menen, Belgium-based Group Galloo has announced that its equipment manufacturing subsidiary Advanced Design of Recycling Machines (ADREM) will be responsible for building what it calls Japan’s largest and most advanced plastic recycling facility.
The facility will be run as a joint venture between Toyota Tsusho, Veolia Japan and Kojima Sangyo and operate under the name PLANIC. It is being designed to harvest 40,000 metric tons per year of plastic scrap from various sources in Japan.
With the new facility, PLANIC “reacts to an increasing plastic pollution problem in Japan,” according to a news release issued by ADREM. Much plastic scrap in Japan currently is being incinerated, landfilled or sent overseas. Japan’s 3Rs campaign – Reduce, Reuse and Recycle – aims to turn this around and promotes more domestic plastic recycling.
Amcor is today launching AmLite Ultra Recyclable, which is recyclable in existing polyolefin recycling streams – its first packaging product based on the breakthrough, high-barrier OPP platform revealed in October 2018. Thanks to high barrier properties for oxygen (less than 0.1 cc / m2 / day) and moisture (less than 0.1 g / m2), the new laminate is suitable for ambient products with demanding barrier requirements, such as coffee and personal care sachets.
A brief history lesson: ‘AmLite’ was created by Amcor in 2015 to eliminate metal layers from laminates in order to significantly reduce the carbon footprint of packaging. As the name hints, the new ‘AmLite Recyclable’ generation adds recyclability to its properties. It achieves this by getting rid of the PET layer that had replaced the aluminium in the original AmLite. This fully polyolefin film replicates the barrier properties thanks to SiOx (silicon oxide) coating.