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Industry News

  • Brief Analysis of the Operation of Domestic Calcium Carbide Market in the First Half of the Year.

    Brief Analysis of the Operation of Domestic Calcium Carbide Market in the First Half of the Year.

    In the first half of 2022, the domestic calcium carbide market did not continue the wide fluctuation trend in 2021. The overall market was near the cost line, and it was subject to fluctuations and adjustments due to the impact of raw materials, supply and demand, and downstream conditions. In the first half of the year, there was no new expansion capacity of domestic calcium carbide method PVC plants, and the increase in calcium carbide market demand was limited. It is difficult for chlor-alkali enterprises that purchase calcium carbide to maintain a stable load for a long time.
  • An explosion occurred in a PVC reactor of a petrochemical giant in the Middle East!

    An explosion occurred in a PVC reactor of a petrochemical giant in the Middle East!

    The Turkish petrochemical giant Petkim announced that on the evening of June 19, 2022, an explosion occurred at the Aliaga plant. the accident occurred in the factory’s PVC reactor, no one was injured, the fire was quickly under control, but the PVC unit may be temporarily offline due to the accident. The event may have a greater impact on the European PVC spot market. It is reported that because the price of PVC in China is much lower than that of Turkey’s domestic products, and the spot price of PVC in Europe is higher than that in Turkey, most of Petkim’s PVC products are currently exported to the European market.
  • BASF develops PLA-coated oven trays !

    BASF develops PLA-coated oven trays !

    On June 30, 2022, BASF and Australian food packaging manufacturer Confoil have teamed up to develop a certified compostable, dual-function oven-friendly paper food tray – DualPakECO®. The inside of the paper tray is coated with BASF’s ecovio® PS1606, a high-performance general-purpose bioplastic commercially produced by BASF. It is a renewable biodegradable plastic (70% content) blended with BASF’s ecoflex products and PLA, and is specially used for the production of coatings for paper or cardboard food packaging. They have good barrier properties to fats, liquids and odors and can save greenhouse gas emissions.
  • Applying polylactic acid fibers to school uniforms.

    Applying polylactic acid fibers to school uniforms.

    Fengyuan Bio-Fiber has cooperated with Fujian Xintongxing to apply polylactic acid fiber to school wear fabrics. Its excellent moisture absorption and perspiration function is 8 times that of ordinary polyester fibers. PLA fiber has significantly better antibacterial properties than any other fibers. The curling resilience of the fiber reaches 95%, which is significantly better than any other chemical fiber. In addition, the fabric made of polylactic acid fiber is skin-friendly and moisture-proof, warm and breathable, and it can also inhibit bacteria and mites, and be flame retardant and fireproof. School uniforms made of this fabric are more environmentally friendly, safer and more comfortable.
  • Nanning Airport: Clear out the non-degradable, please enter the degradable

    Nanning Airport: Clear out the non-degradable, please enter the degradable

    Nanning Airport issued the “Nanning Airport Plastic Ban and Restriction Management Regulations” to promote the implementation of plastic pollution control within the airport. At present, all non-degradable plastic products have been replaced with degradable alternatives in supermarkets, restaurants, passenger rest areas, parking lots and other areas in the terminal building, and domestic passenger flights have stopped providing disposable non-degradable plastic straws, stirring sticks, packaging bags, use degradable products or alternatives. Realize the comprehensive “clearing out” of non-degradable plastic products, and “please come in” for environmentally friendly alternatives .
  • What is PP resin ?

    What is PP resin ?

    Polypropylene (PP) is a tough, rigid, and crystalline thermoplastic. It is made from propene (or propylene) monomer. This linear hydrocarbon resin is the lightest polymer among all commodity plastics. PP comes either as homopolymer or as copolymer and can be greatly boosted with additives. Polypropylene also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced via chain-growth polymerization from the monomer propylene.Polypropylene belongs to the group of polyolefins and is partially crystalline and non-polar. Its properties are similar to polyethylene, but it is slightly harder and more heat resistant. It is a white, mechanically rugged material and has a high chemical resistance.
  • 2022 “Key Petrochemical Product Capacity Early Warning Report” released!

    2022 “Key Petrochemical Product Capacity Early Warning Report” released!

    1. In 2022, my country will become the largest oil refining country in the world; 2. The basic petrochemical raw materials are still in the peak production period; 3. The capacity utilization rate of some basic chemical raw materials has been improved; 4. The prosperity of the fertilizer industry has rebounded; 5. Modern coal chemical industry ushered in development opportunities; 6. Polyolefin and polycarbon are at the peak of capacity expansion; 7. Serious overcapacity of synthetic rubber; 8. The increase in my country’s polyurethane exports keeps the operating rate of the device at a high level; 9. Both the supply and demand of lithium iron phosphate are growing rapidly.
  • Inventory continued to accumulate,  PVC suffered a wide range of losses.

    Inventory continued to accumulate, PVC suffered a wide range of losses.

    Recently, the domestic ex-factory price of PVC has fallen sharply, the profit of integrated PVC is meager, and the profit of two tons of enterprises has been significantly reduced. As of the new week of July 8, domestic companies received fewer export orders, and some companies had no transactions and fewer inquiries. Tianjin Port’s estimated FOB is US$900, the export income is US$6,670, and the cost of ex-factory transportation to Tianjin Port is about 6,680 US dollars. Domestic panic and rapid price changes. In order to reduce the sales pressure, exports are expected to be still in progress, and the pace of purchasing has slowed down overseas.
  • China’s PVC pure powder exports remain high in May .

    China’s PVC pure powder exports remain high in May .

    According to the latest customs statistics, in May 2022, my country’s PVC pure powder imports were 22,100 tons, an increase of 5.8% year-on-year; in May 2022, my country’s PVC pure powder exports were 266,000 tons, an increase of 23.0% year-on-year. From January to May 2022, the cumulative domestic import of PVC pure powder was 120,300 tons, a decrease of 17.8% compared with the same period last year; the domestic cumulative export of PVC pure powder was 1.0189 million tons, an increase of 4.8% compared with the same period last year. With the gradual decline of the domestic PVC market from a high level, China’s PVC export quotations are relatively competitive.
  • Analysis of China’s paste resin import and export data from January to May

    Analysis of China’s paste resin import and export data from January to May

    From January to May 2022, my country imported a total of 31,700 tons of paste resin, a decrease of 26.05% compared with the same period last year. From January to May, China exported a total of 36,700 tons of paste resin, an increase of 58.91% compared with the same period last year. The analysis believes that the oversupply in the market has led to the continuous decline of the market, and the cost advantage in foreign trade has become prominent. Paste resin manufacturers are also actively seeking exports to ease the supply and demand relationship in the domestic market. The monthly export volume has reached a peak in recent years.
  • PLA porous microneedles: rapid detection of covid-19 antibody without blood samples

    PLA porous microneedles: rapid detection of covid-19 antibody without blood samples

    Japanese researchers have developed a new antibody based method for rapid and reliable detection of novel coronavirus without the need for blood samples. The research results were recently published in the journal Science report. The ineffective identification of people infected with covid-19 has seriously limited the global response to COVID-19, which is exacerbated by the high asymptomatic infection rate (16% – 38%). So far, the main test method is to collect samples by wiping the nose and throat. However, the application of this method is limited by its long detection time (4-6 hours), high cost and the requirements for professional equipment and medical personnel, especially in countries with limited resources. After proving that interstitial fluid may be suitable for antibody...
  • Weekly social inventory accumulated slightly. According to market news, petkim is located in Turkey, with 157000 T / a PVC plant parking

    Weekly social inventory accumulated slightly. According to market news, petkim is located in Turkey, with 157000 T / a PVC plant parking

    PVC main contract fell yesterday. The opening price of v09 contract was 7200, the closing price was 6996, the highest price was 7217, and the lowest price was 6932, down 3.64%. The position was 586100 hands, and the position was increased by 25100 hands. The basis is maintained, and the basis quotation of East China type 5 PVC is v09+ 80~140. The focus of spot quotation moved down, with the carbide method falling by 180-200 yuan / ton and the ethylene method falling by 0-50 yuan / ton. At present, the transaction price of the mainstream one port in East China is 7120 yuan / ton. Yesterday, the overall transaction market was normal and weak, with traders’ transactions 19.56% lower than the daily average volume and 6.45% weaker month on month. Weekly social inventory increased sligh...