Coca-Cola inaugurates Valpre plant

(Plastemart) -- Coca-Cola South Africa has announced the opening of its new Valpre plant and the introduction of PlantBottle packaging to Africa. The new state-of-the-art facility will fill Valpre Spring Water in Heidelberg, southeast of Johannesburg. Selected for its close proximity to markets and distribution sites in the Guateng Region and a similar source water profile as Valpre's, the new plant will help Coca-Cola South Africa meet the needs of the increasing demand for bottled water in the country.

The new Valpre plant is undergoing Leadership in Energy and Environmental Design (LEED) certification -- an internationally recognized program that is the accepted benchmark for design, construction and operation of high-performance green buildings. The design of facility maximizes recycled materials and makes optimal use of water and solar energy. It has a "zero to landfill" target.

The Company launched Coca-Cola's innovative PlantBottle packaging. This packaging has revolutionized the beverage industry as the first-ever recyclable PET plastic beverage bottle made from up to 30% plant that is 100% recyclable. This is the 10th market to launch the bottle in the world and the first in Africa. PlantBottle packaging has a lighter footprint on the environment due to its reduced dependence on nonrenewables such as petroleum.

MRC

MOSCOW (MRC) -- Over the six months, Russian producers made about 450 KT of HDPE which was 8% more compared to the same period last year, according to MRC analysts. In June, Russian producers HDPE increased output to 79.35 KT.

This year Russian producers work almost at 100% capacities utilization, excluding Gazprom neftehim Salavat. Also there are no technical problems that could affect production parameters.

Despite positive production parameters this year, low demand for HDPE is observed in the domestic market. By mid-year considerable stocks of polyethylene had accumulated in stores of producers as well as trade companies.

Nevertheless, Russian producers don't hurry to increase exports, instead, they reduce it. Over the six months, HDPE exports form Russia reached 38 KT while last year this parameter made about 70 KT.

A serious period for the Russian market of HDPE will be September-October. For these two months shutdowns are planned by all PE producers. The first to suspend HDPE capacities for 30 days from September 7, will be Kazanorgsyntez. In early October, Stavrolen production complex will be suspended for 45 days. Also in early October, but only for 10 days Nizhnekamskneftehim will stop PE production. And in mid-October for three weeks Gazprom neftehim Salavat will suspend production.

MRC analysts don't exclude that planned shutdowns of Russian HDPE producers will result in deficit of some grades.

MRC

(BASF) -- BASF is launching the high-performance product hydroxypropyl carbamate acrylate (HPCA), a crosslinking acrylate monomer. The new specialty monomer shortens the processing time for the manufacture of carbamate based polymers. Compared with currently existing processes, HPCA enables crosslinkable carbamate units to be incorporated into the polymer in just one step. The usual two-step procedure is no longer necessary. In addition to the shorter manufacturing process, HPCA also offers positive features for applications.


HPCA has already proven itself in clearcoat systems for the automotive industry. One-component coatings with HPCA achieve a comparable performance level to two-component coatings, for example with regard to weather and scratch resistance. In contrast to two-component coatings, one-component coatings are easier to use in applications and are more cost efficient.


BASF researchers have successfully manufactured the specific chemical structure of HPCA on a commercial scale with the help of white biotechnology. In the biocatalytic procedure, the specialty monomer is synthesized by applying an enzyme. From HPCA the carbamate-based polyacrylate can be produced then in one step. BASF has used this procedure in industrial production for the first time.

MRC

(Arabian Oil and Gas) -- ConocoPhillips has announced that it will be spinning off its refining and marketing arm into a new business, two weeks after Marathon Oil split itself up in the same way in order to increase returns for investors, according to a Bloomberg report.

ConocoPhillips will divide into two stand-alone, publicly traded operations. The division is expected to be completed in the first half of 2012, the Houston-based company said in a statement. Marathon Petroleum, Marathon's former refining business, debuted on the New York Stock Exchange this month. Marathon rose as much as 11% on the day the split was announced, reports Bloomberg.

ConocoPhillips is the second-largest U.S. oil refiner with capacity of 2 million barrels per day, according to its website. It owns 12 U.S. refineries, and has a two-refinery joint venture with Alberta-based oil producer Cenovus Corp. The plants account for about 10 percent of U.S. refining capacity, according to data compiled by Bloomberg.

MRC

(ICIS) -- Asia's naphtha market is expected to come under pressure in the next three months, amid uncertainty in the global economy that threatens to dampen downstream petrochemical demand, traders said on Wednesday.

The market shows signs of turning bearish, despite a closed arbitrage window for flows from Europe. The naphtha crack spread was assessed at USD 91.85/tonne (EUR 65.20/tonne) on Tuesday, down sharply from a one-month high of USD 102.38/tonne on 7 July 2011, according to ICIS data. The inter-month spread remained in a contango of USD 1/tonne.

Ethylene margins plunged by USD 135/tonne week on week to USD 215/tonne on 8 July, according to the ICIS data, as a result of a hike in naphtha prices in tandem with global crude futures.

The margins have turned negative as the break-even costs for processing naphtha into ethylene are typically USD 250-300/tonne, traders said.

On a macro level, traders are worried about the state of the world economy and the resulting demand for petrochemicals, typically the yardstick for the health of the economy, traders said.

MRC