European closure industry polymer demand to grow over the next 5 years

(plastemart) -- In Europe, toiletries and cosmetics sectors are the largest consumers of polymers when comes to non-beverage applications, which account for 60% of total caps and closure industry polymer demand in Europe, as per a report published by AMI Consulting.

The report predicted personal care closures and customised product delivery solutions will be the main contributors to overall closure industry growth over the next five years, followed by closures for the homecare sector. The key market driver for closures in non-beverage applications is innovation.

The role of packaging continues to grow in importance within the FMCG industry. Beverage closures account for 40% of European closure industry polymer demand but nearly 60% of the market by units. While carbonated soft drinks are no longer a dynamic category, the sheer size of this market will result in significant additional demand by 2015.
MRC

(hydrocarbonprocessing) -- Phillips 66 said on Saturday that it had restarted some unspecified units at Alliance.

The 247,000 bpd refinery was taken offline during the approach of Isaac, which made landfall in southeast Louisiana Aug. 28 as a Category 1 hurricane and caused flooding at the refinery, as MRC reported earlier.

Phillips 66 expects to have all of the fuel production units restarted at its Alliance refinery in Belle Chasse, La., by the end of the week, the company said on Monday.

Phillips 66 is a holding company created through the repositioning of ConocoPhillips. The company is engaged in producing natural gas liquids and petrochemicals. Phillips 66 owns 15 refineries with a net crude oil capacity of 2.2 million barrels per day, 10,000 branded marketing outlets, and 15,000 miles (24,000 km) of pipelines. In the United States, the company operates Conoco, Phillips 66 and 76 stations.
MRC

(Grodno Khimvolokno) -- By the decision of the committee for the open competition for the procurement of Complete lines for the production of polymer compositetional materials the company LRS Planung & Technology GmbH was declared as the winner with a proposal for the supply of a complete production line for the polymer composites based Compounder RHC production company Zeppelin Reimelt GmbH.

Now specialists of PTC Khimvolokno carry the project development of the contract for procurement of the complete technological line for production of polymer composite materials and coordination the import equipment procurement with the Concern Belneftekhim.

PTC Khimvolokno JSC Grodno Azot is a large manufacturer of nylon and polyester yarns and fibres, as well as polyamide 6 (PA 6) virgin and PA 6-sbased composite material.
MRC

(chemmonitor) -- Polyethylene terephthalate (PET) market in Turkey shows bullishness due to significantly enhanced values of purified terephthalic acid (PTA), monoethylene glycol (MEG) and paraxylene (PX).

The consumers of the market hope for lower October prices, while traders intend to maintain the costs increased.

The global market witnessed hikes in raw material prices in line with soaring values of energy.MRC

(M&G) -- M&G Group, leading producer of PET for packaging applications in the Americas and the market's technological leader, announces today that it has purchased the land in Corpus Christi, Texas where it will build its one million tonnes per year PET plant (2.2 billion pounds) and accompanying 1.2 million tonnes per year (2.6 billion pounds) PTA plant.

The new PET single line plant will employ the same technology as M&G's single reactor Suape (Brazil) PET plant, including M&G's revolutionary EasyUp SSP technology.

M&G Group is a family owned chemical engineering and manufacturing group headquartered in Tortona, Italy. M&G Group operates in the PET resin industry through its wholly-owned holding company Mossi & Ghisolfi International S.A. (M&G International). M&G International is one of the largest producer of PET resin for packaging applications in the Americas, with a production capacity in 2012 of approximately 1.6 million tons per annum.
MRC