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(polyestertime) -- According to the Official Journal of the European Union, the EU Commission is to review whether or not to continue anti-dumping duties for polyethylene terephthalate resin coming to the European Union from India,
Indonesia, Malaysia, Taiwan and Thailand.
Anti-dumping measures on PET resin from above countries were placed since November 27, 2000 with an expiry review in 2005, but once again continued the anti-dumping duties on Febuary 27, 2007 till 28 Feb 2012. European sources have reported over the past week that indeed, European buyers of PET resin would have a wider choice of imports if the anti-dumping duties expire.
The anti-dumping rates vary from country to country and are different for specific producers. With the everchanging dynamics of the PET market in the Europe, CMT is pleased to host 13th GE (Greater Europe) PET 13th GE (Greater Europe) PET conference in Strasbourg FRANCE Strasbourg FRANCE to provide latest updates on European PET market in these challenging times .
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EU Commission plans to review anti-dumping duties for PET resin
Uhde Inventa-Fischer to commission new plant in China
(textination) -- The engineering company Uhde Inventa-Fischer GmbH, Berlin/Germany, has successfully commissioned a plant for the production of polyamide 6.6 for its customer Huafon Group, Ruian/China.
The production plant has a capacity of 40,000 tons/year and is located at Huafon's company headquarters in Zhejiang Province.
Uhde Inventa-Fischer's energy-efficient, resource-saving and cost-reducing PA 6.6 technology enables Huafon to produce high-quality granulate, which can be used for all applications, such as textiles, tire cord, engineering plastics and also co-polymers.
Russian producers raised LDPE prices by Rb1,000-1,770/tonne
MOSCOW (MRC) -- This week three Russian producers announced the growth of LDPE prices. The quotations grew by ruble (Rb) 1,000-1,770/tonne, depending on a producer. The price hike is mostly stipulated by a seasonal factor, according to ICIS-MRC Price report. Tomskneftekhim was the first to announce the increase of LDPE contract prices for the domestic market. The prices for 158 and 153 PE grew by Rb1,000/tonne. The price for LDPE by Gazprom neftekhim Salavat grew nearly by Rb1,000/tonne. Yesterday Kazanorgsyntez announced Rb1,770/tonne growth of contract prices for 158 and 153 LDPE. The price hike was mainly caused by a seasonal factor as well as the growth of feedstock price.
In warm March a demand for LDPE grew in the Russian market. By mid-April, Kazanorgsyntez, the biggest Russian producer of LDPE, plans to suspend its capacities for one-month maintenance. In early May a scheduled suspension is expected at Ufaorgsyntez. Now because of ethylene deficit, LDPE capacities in Ufa have been loaded by half, also the operation at one of reactors was suspended. The market participants inform about limited supplies of 158 LDPE to the domestic market from Kazanorgsyntez.
A limited offer of LDPE from some Russian producers, coming scheduled maintenances and a seasonal growth of demand will affect spot prices. The market has just started reacting to the growth of contract prices and limited supplies of LDPE, as a result, the price range remains quite wide. The Russian 158 LDPE is offered on average for Rb56,000-59,000/tonne, VAT included, FCA. PE for production of shrinkable films is offered for Rb60,000-61,000/tonne VAT included, FCA.
Uhde Inventa-Fischer to commission new plant in China
(textination) -- The engineering company Uhde Inventa-Fischer GmbH, Berlin/Germany, has successfully commissioned a plant for the production of polyamide 6.6 for its customer Huafon Group, Ruian/China.
The production plant has a capacity of 40,000 tons/year and is located at Huafon's company headquarters in Zhejiang Province.
Uhde Inventa-Fischer's energy-efficient, resource-saving and cost-reducing PA 6.6 technology enables Huafon to produce high-quality granulate, which can be used for all applications, such as textiles, tire cord, engineering plastics and also co-polymers.
Borealis launches new packaging solution
(plastech) -- Borealis, a leading provider of chemical and innovative plastics solutions, brings clear advantages in sustainability and fresh-look aesthetics to the rigid packaging market with the launch of its new superior flow random copolymer polypropylene (PP) RJ901MO.
The next generation advance for thin wall packaging and houseware applications, such as storage boxes, CD and DVD cases, delivers an overall step-change in performance, less energy consumption and a reduced carbon footprint plus strong visual appeal. The grade is manufactured using Borealis' proprietary Borstar technology.
RJ901MO's high melt flow rate (MFR) of 110 in combination with nucleation enables lower processing temperatures. For packaging converters, this creates the potential for higher productivity through optimised cycle times and energy savings. Compared to MFR 70 materials, it is possible to obtain a 20╟C reduction in melt temperatures resulting in a 20% cycle time reduction.
MRC