Petrochemicals
and polymers
Remember MeForgot password?
К 2022
TOP STORY
Dow and Mura Technology to build Europe's largest advanced recycling facility27 Sep 2022 / ChemCourier. Polyolefins Market Weekly / company news

image1.jpeg

In their press release, Dow, the world's leading materials science company, and Mura Technology, the global pioneer of an advanced plastic recycling solution, have announced the intention to construct a new plant at Dow's Bohlen site in Germany. The unit will be the latest in a series of planned facilities across the United States and Europe to rapidly scale advanced recycling of plastics and the first expected to be based at the Dow site. This project is targeted for a final investment decision by the end of 2023.

Mura's new Bohlen facility in Germany, which is expected to be operational by 2025, would deliver about 120,000 tpy of advanced recycling capacity at full run-rate. This and the other planned units expected to be constructed across Europe and the United States would collectively add as much as 600,000 tpy of advanced recycling capacity by 2030 and position Dow to become the largest consumer of circular feedstock for polyethylene production globally.

We continue to increase Dow's capacity to use recycled content as feedstock and continue to invest in the most effective technology available to enable our circular business model for plastics. The diversification of our feedstock slate and decarbonisation of our assets will enable the achievement of Dow's goal of a sustainable, low-carbon future and meet strong and growing customer demand for circular polymers. This will be a significant step forward to decrease our dependency on virgin fossil-based feedstocks, Diego Donoso, Dow Packaging & Specialty Plastics President, said.

Steve Mahon, Mura Technology Chief Executive Officer, reported, ‘Combating the global plastics crisis requires innovative solutions that can drive a circular economy. Mura's collaboration with Dow has led to the largest commitment across the industry to date, showcasing the urgency from industry leaders to adopt scalable solutions such as HydroPRS that will transform the plastics industry worldwide. Dow's continued support for Mura Technology has resulted in a highly financeable commercial arrangement and the deepening collaboration will allow both companies to achieve their stated ambitions in the advanced recycling space.’ ‘Dow's commitments to accelerating a global circular plastics economy is exemplified through deploying HydroPRS at the newest advanced recycling facility in Germany, which will enable us to dramatically increase recycling capacity. Through our collaboration and Dow's extensive global reach, we can accelerate the pace and scale at which a circular plastics economy becomes a reality worldwide, he added.

With Mura's process, the same material can be recycled repeatedly, meaning it has the potential to eliminate single use plastic and prevent it from going to landfill or being incinerated. This has additional carbon benefits, with advanced recycling processes expected to save about 1.5 t of carbon dioxide per tonne of plastic recycled, compared to incineration and reducing reliance on fossil-based feedstocks.

Read More »
Brazil cuts anti-dumping duties on PVC imports from USA and Mexico23 Sep 2022 / ChemCourier. PVC Market Weekly / regulations

santos

On Monday, the Foreign Trade Chamber of the Brazilian Ministry of Economy announced the extension of the definitive anti-dumping duty on suspension PVC imports under the HS code 3904.1010 from the United States and Mexico for up to five years. The tariff on the US and Mexican suspension polymer will slip from 16% ad valorem to 8.2% and from 18% ad valorem to 13.6% respectively. According to government officials, they will suspend the reduction if PVC exports from Mexico to Brazil rise to a level that could damage the Brazilian economy. The anti-dumping duty will be levied at the rate charged on the customs value of the goods. The Chamber’s decision also includes assessing PVC imports from Mexico that occurred during the period when the duty collection was suspended. Brazil has a quarterly quota limit for suspension-made PVC imports of 160,000 t. Imports of suspension-made PVC from countries with existing free trade agreements are not included in this quota, though.

Reminder: On July 20, government officials suspended its 12.6% tariff on emulsion PVC imports. The legislation will be effective from 25 July 2022 to 24 July 2023 but only for the first 12,000 t imported during the period. On 5 August, the Brazilian government reduced separate duties on all PVC imports from 11.2% to 4.4%, which will be valid until August 2023. All reductions were included to the List of Exceptions to the Mercosur Common External Tariff (LETEC).

Although demand is currently weak in Brazil amid forthcoming elections in October, this decision has the potential to increase shipments from the United States and Mexico to Brazil in the long run.

Read More »
Epsilyte to expand EPS plant in USA20 Jul 2022 / ChemCourier. Styrene Weekly / production

image1.JPG

   The leading EPS maker Epsilyte plans to expand both production and recycling capabilities of expandable polystyrene (EPS) in the USA, according to the official press release. The company aims to debottleneck EPS production in Peru, Illinois, increasing capacity by around 25 million lb/year (11,340 tpy) by 2023, and to start an engineering study to expand the same facility, adding 220 million lb/year (99,790 tpy) by 2025. Epsilyte’s EPS plant in Peru, Illinois, is able to make 120,000 tpy now. The company also intends to expand post-consumer recycling capabilities at a unit in Piqua, Ohio, enlarging the facility’s ability to efficiently use post-consumer polystyrene as a feedstock to manufacture advanced materials.

   ‘We believe these investments are the most efficient way to increase North American EPS production to meet the needs of our customers,’ Glenn Wredenhagen, Vice President, Commercial and Supply Chain, informed in the press-release.

   The EPS market segment has been growing rapidly in recent years. EPS would be used only for packaging applications 10—15 years ago. Nowadays, the bulk of EPS sales are going into durable end users, primarily in the building and constructions sector.

Read More »
Pricing
ChemCourier. Polyolefins Market WeeklyCFR China $/t
ChemCourier. PVC Market WeeklyPVC $/t
ChemCourier. Polyolefins Market WeeklyFD NWE Europe €/t
Chem-Courier's Conferences
News
Europe
6 Oct 2022SABIC plans to restart its cracker in Wilton, the UK, in H2 2023, according to market sources. After the upgrade, the unit will run on lighter feedstock than before for
6 Oct 2022SCG Chemicals, one of the leading integrated petrochemical producers in the Association of Southeast Asian Nations (ASEAN) based in Thailand, has announced that it
6 Oct 2022At least two batches of October-dispatched styrene have reportedly changed hands at $1,260/t FOB ARA and $1,270/t FOB ARA this week. The material has been acquired by a
CIS
6 Oct 2022Crude oil prices rose this week mainly after the OPEC+ announcement on oil output cuts on Wednesday. On Thursday, 6 October, Brent crude oil futures for December
6 Oct 2022PP Russia, RUB / t (20% VAT inc.) Basis Product 6 Oct '22 Last week 8 Sept '22 Last month Nov '22* 6 Oct '22, $/t CPT Moscow PP raffia (RU**) 106 000 é 1
6 Oct 2022PP Russia, RUB / t (20% VAT inc.) Basis Product 6 Oct '22 Last week 8 Sept '22 Last month Nov '22* 6 Oct '22, $/t CPT Moscow PP raffia (RU**) 106 000  1
Americas
6 Oct 2022Lower spot prices have retrospectively pushed the ethylene contract price for September ¢2.75/lb ($61/t) down to ¢37.25/lb ($821/t) FD US
6 Oct 2022Crude oil prices rose this week mainly after the OPEC+ announcement on oil output cuts on Wednesday. On Thursday, 6 October, Brent crude oil futures for December
6 Oct 2022INEOS Styrolution and Westlake may restart SM units 60,000–t of styrene fixed to depart from USA to Europe The US styrene market is quite balanced. Spot prices have
Asia
6 Oct 2022SCG Chemicals, one of the leading integrated petrochemical producers in the Association of Southeast Asian Nations (ASEAN) based in Thailand, has announced that it
6 Oct 2022The Saudi Arabian producer TASNEE has put PE and PP on the Pakistani market on the following terms: Offers in Pakistan Destination Origin Producer Product Price,
6 Oct 2022HDPE India, $ / t Basis Product 6 Oct '22 Change 8 Sept '22 Last month Nov '22* CIF India HDPE inj 1090–1110 1090–1110 é 40 HDPE BM 1100–1130 1100–1130 é 50
Middle East
6 Oct 2022Crude oil prices rose this week mainly after the OPEC+ announcement on oil output cuts on Wednesday. On Thursday, 6 October, Brent crude oil futures for December
6 Oct 2022HDPE Saudi Arabia, $ / t Basis Product 6 Oct '22 Change 8 Sept '22 Last month Nov '22* FOB Saudi Arabia HDPE inj 1130–1150 é 30 1100–1120 é 30 HDPE BM
6 Oct 2022PP Saudi Arabia, $ / t Basis Product 6 Oct '22 Change 8 Sept '22 Last month Nov '22* FOB Saudi Arabia PP homo 1070–1090 1070–1090 PP random copo 1160–1180
More news »
Petrochemicals and Polymers

© 2004-2022 Metal Expert, all rights reserved

Free Trial »Subscribe »About Us »Contact Us »Conferences »Methodology »Back to top