Industry News
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Implemented in December! Canada issues the strongest “plastic ban” regulation!
Steven Guilbeault, the Federal Minister of environment and climate change, and Jean Yves Duclos, the Minister of health, jointly announced that the plastics targeted by the plastic ban include shopping bags, tableware, catering containers, ring portable packaging, mixing rods and most straws. From the end of 2022, Canada officially banned companies from importing or producing plastic bags and takeout boxes; From the end of 2023, these plastic products will no longer be sold in China; By the end of 2025, not only will it not be produced or imported, but all these plastic products in Canada will not be exported to other places! Canada’s goal is to achieve “Zero plastic entering landfills, beaches, rivers, wetlands and forests” by 2030, so that plastic can disappear from ... -
Synthetic resin: the demand for PE is declining and demand for PP is growing steadily
In 2021, the production capacity will increase by 20.9% to 28.36 million tons / year; The output increased by 16.3% year-on-year to 23.287 million tons; Due to the large number of new units put into operation, the unit operating rate decreased by 3.2% to 82.1%; The supply gap decreased by 23% year-on-year to 14.08 million tons. It is estimated that in 2022, China’s PE production capacity will increase by 4.05 million tons / year to 32.41 million tons / year, an increase of 14.3%. Limited by the impact of plastic order, the growth rate of domestic PE demand will decline. In the next few years, there will still be a large number of new proposed projects, facing the pressure of structural surplus. In 2021, the production capacity will increase by 11.6% to 32.16 million tons / year; T... -
China’s PP export volume fell sharply in the first quarter!
According to the data of the State Customs, the total export volume of polypropylene in China in the first quarter of 2022 was 268700 tons, a decrease of about 10.30% compared with the fourth quarter of last year, and a decrease of about 21.62% compared with the first quarter of last year, a sharp decline compared with the same period of last year. In the first quarter, the total export volume reached US $407million, and the average export price was about US $1514.41/t, a month on month decrease of US $49.03/t. The main export price range remained between us $1000-1600 / T. In the first quarter of last year, the extreme cold and epidemic situation in the United States led to the tightening of polypropylene supply in the United States and Europe. There was a demand gap overseas, resultin... -
A PVC reactor of the Middle East petrochemical giant exploded!
Petkim, a Turkish petrochemical giant, announced that on the evening of June 19, 2022, an explosion occurred at the Aliaga plant where is located in 50 kilometers north of lzmir. According to the company, the accident occurred in the PVC reactor of the factory, no one was injured, and the fire was quickly controlled, but the PVC device was temporarily offline due to the accident. According to local analysts, the event may have a great impact on the European PVC spot market. It is reported that because the PVC price in China is far lower than that of Turkey, and on the other hand, the PVC spot price in Europe is higher than that of Turkey, most of petkim’s PVC products are exported to the European market. -
The epidemic prevention policy was adjusted and PVC rebounded
On June 28, the epidemic prevention and control policy slowed down, the pessimism about the market last week significantly improved, the commodity market generally rebounded, and the spot prices in all parts of the country improved. With the price rebound, the basis price advantage gradually decreased, and most of the transactions are immediate deals. Some transactions environment were better than yesterday, but it was difficult to sell cargoes at high prices, and the overall transaction performance was flat. In terms of fundamentals, the improvement on the demand side is weak. At present, the peak season has passed and there is a large area of rainfall, and the demand fulfillment is less than expected. Especially under the understanding of the supply side, the inventory is still freque... -
Introduction about PVC Capacity in China and Globally
According to the statistics in 2020, the global total PVC production capacity reached 62 million tons and the total output reached 54 million tons. All the reduction in output means that the production capacity did not run 100%. Because of natural disasters, local policies and other factors, the output must be less than the production capacity. Due to the high production cost of PVC in Europe and Japan, the global PVC production capacity is mainly concentrated in Northeast Asia, of which China has about half of the global PVC production capacity. According to wind data, in 2020, China, the United States and Japan are important PVC production areas in the world, with production capacity accounting for 42%, 12% and 4% respectively. In 2020, the top three enterprises in the global PVC ann... -
The Future Trend of PVC Resin
PVC is a kind of plastic used widely in building materials. Therefore, it will not be replaced for a long time in the future, and it will have great application prospects in less developed areas in the future. As we all know, there are two ways to produce PVC, one is the international common ethylene method, and the other is the unique calcium carbide method in China. The sources of ethylene method are mainly petroleum, while the sources of calcium carbide method are mainly coal, limestone and salt. These resources are mainly concentrated in China. For a long time, China’s PVC of calcium carbide method has been in an absolute leading position. Especially from 2008 to 2014, China’s PVC production capacity of calcium carbide method has been increasing, but it has also brought ... -
What is PVC Resin?
Polyvinyl chloride (PVC) is a polymer polymerized by vinyl chloride monomer (VCM) in peroxide, azo compound and other initiators or according to the free radical polymerization mechanism under the action of light and heat. Vinyl chloride homopolymer and vinyl chloride copolymer are collectively referred to as vinyl chloride resin. PVC was once the world’s largest general-purpose plastic, which was widely used. It is widely used in building materials, industrial products, daily necessities, floor leather, floor tiles, artificial leather, pipes, wires and cables, packaging film, bottles, foaming materials, sealing materials, fibers and so on. According to the different application scope, PVC can be divided into: general-purpose PVC resin, high degree of polymerization PVC resin and ... -
The export arbitrage window of PVC continues to open
In terms of supplying aspect, calcium carbide, last week, the mainstream market price of calcium carbide was reduced by 50-100 yuan / ton. The overall operating load of calcium carbide enterprises was relatively stable, and the supply of goods was sufficient. Affected by the epidemic, the transportation of calcium carbide is not smooth, the factory price of enterprises is lowered to allow profit transportation, the cost pressure of calcium carbide is large, and the short-term decline is expected to be limited. The start-up load of PVC upstream enterprises has increased. The maintenance of most enterprises is concentrated in the middle and late April, and the start-up load will remain relatively high in the short term. Affected by the epidemic, the operating loa... -
Global biodegradable plastics market and application status
Chinese Mainland In 2020, the production of biodegradable materials (including PLA, PBAT, PPC, PHA, starch based plastics, etc.) in China was about 400000 tons, and the consumption was about 412000 tons. Among them, the output of PLA is about 12100 tons, the import volume is 25700 tons, the export volume is 2900 tons, and the apparent consumption is around 34900 tons. Shopping bags and farm produce bags, food packaging and tableware, compost bags, foam packaging, agriculture and forestry gardening, paper coating are the major downstream consumer areas of degradable plastics in China. Taiwan, China Since the beginning of 2003, Taiwan. -
China’s polylactic acid (PLA) industry chain in 2021
1. Overview of industrial chain: The full name of polylactic acid is poly lactic acid or poly lactic acid. It is a high molecular polyester material obtained by polymerization with lactic acid or lactic acid dimer lactide as monomer. It belongs to a synthetic high molecular material and has the characteristics of biological basis and degradability. At present, polylactic acid is a biodegradable plastic with the most mature industrialization, the largest output and the most widely used in the world. The upstream of polylactic acid industry is all kinds of basic raw materials, such as corn, sugarcane, sugar beet, etc., the middle reaches is the preparation of polylactic acid, and the downstream is mainly the application of poly... -
The biodegradable polymer PBAT is hitting the big time
The perfect polymer—one that balances physical properties and environmental performance—doesn’t exist, but polybutylene adipate co-terephthalate (PBAT) comes closer than many. Producers of synthetic polymers have for decades failed to stop their products from ending up in landfills and oceans, and they are now under pressure to take responsibility. Many are redoubling efforts to boost recycling to fend off critics. Other firms are trying to tackle the waste problem by investing in biodegradable biobased plastics such as polylactic acid (PLA) and polyhydroxyalkanoate (PHA), hoping natural degradation will mitigate at least some of the waste. But both recycling and biopolymers face obstacles. Despite years...