Eco-friendly PLA – Floreon Wins the 2024 Innovation in Bioplastics Award for Therma-Tech 14-10-2024

Eco-friendly PLA

Eco-friendly PLA

 

Polyestertime
ITEM 07/10/2024 14/10/2024 +/-
Bottle grade PET chips domestic market 6,400 yuan/ton 6,500 yuan/ton +100
Bottle grade PET chips export market     845 $/ton 880  $/ton +35
LDPE CFR Est China 1,180 $/ton 1,225 $/ton +45
PET Semidull Fiber chips

PET Bright

6,250 yuan/ton

6,280 yuan/ton

6,520 yuan/ton

6,550 yuan/ton

+270

+270

Pure Terephthalic Acid PTA domestic market

Eco-friendly PLA

4,950 yuan/ton 5,160 yuan/ton
+210
Pure Terephthalic Acid PTA FOB China 640 $/ton 660 $/ton +20
Monoethyleneglycol MEG Shandong -yuan/ton 4,250 yuan/ton
Monoethyleneglycol MEG CFR China 543 $/ton 572 $/ton +29
Paraxylene PX FOB  Taiwan market 866 $/ton 895 $/ton
+31
Paraxylene PX FOB  Korea market 844 $/ton 875 $/ton +31
Paraxylene PX FOB EU market 901 $/ton  921 $/ton +20
Polyester filament POY 150D/48F domestic market 6,950  yuan/ton 7,500 yuan/ton
+550
Recycled Polyester filament POY  domestic market 6,800 yuan/ton 6,880 yuan/ton +80
Polyester filament DTY 150D/48 F domestic market 8,500 yuan/ton 8,950 yuan/ton +450
Polyester filament FDY 68D24F 8,150 yuan/ton 8,650 yuan +500
Polyester filament FDY 150D/96F domestic market

Eco-friendly PLA

7,600 yuan/ton 8,050 yuan/ton +450
Polyester staple fiber 1.4D 38mm domestic market 7,200 yuan/ton 7,215 yuan/ton +15
Caprolactam CPL domestic market 11,500 yuan/ton 11,450 yuan/ton
-50
Caprolactam CPL  CFR China

Eco-friendly PLA
1,600 $/ton 1,800 $/ton +200
Nylon 6 chips overseas  market 1,850 $/ton

 

2,050 $/ton

 

+200

 

Nylon 6 chips conventional spinning domestic  market 12,700 yuan/ton 12,950 yuan/ton +250
Nylon 6 chips  high speed spinning domestic  market 13,500 yuan/ton 13,700 yuan/ton +200
Nylon 6.6 chips domestic  market

Eco-friendly PLA

17,700 yuan/ton 17,600 yuan/ton -100
Nylon6 Filament POY 86D/24F domestic  market 15,400 yuan/ton 15,400 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market 17,800 yuan/ton 17,800 yuan/ton
Nylon6 Filament FDY  70D/24F  17,000 yuan/ton 16,800 yuan/ton
-Spandex 20D  domestic  marke 28,200 yuan/ton 28,200 yuan/ton
Spandex 30D  domestic  market 27,700 yuan/ton 27,700 yuan/ton
Spandex 40D  domestic  market  24,700 yuan/ton 24,700 yuan/ton
Adipic Acid domestic market

Eco-friendly PLA

8,250 yuan/ton 8,250 yuan/ton
Benzene domestic market East China 8,200 yuan/ton 7,770 yuan/ton -430
Benzene CFR  China 955 $/ton 882 $/ton -73
Ethylene South East market 940 $/ton 950 $/ton +10
Ethylene NWE market CIF 957 $/ton  912 $/ton -45
Acrylonitrile ACN  domestic market 8,475 yuan/ton 8,550 yuan/ton +75
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF CFR China

Eco-friendly PLA

14,600 yuan/ton 14,600 yuan/ton
VSF viscose staple fiber 13,650 yuan/ton 13,850 yuan/ton +200
PP Powder domestic market 7,330 yuan/ton 7,450 yuan/ton +120
Naphtha overseas market  671 $/ton 678 $/ton +7
Phenol domestic market 8,832 yuan/ton 7,975 yuan/ton -857

recycled PET  =                    5,150 yuan/ton  —          5,250  yuan/ton             +100

Eco-friendly PLA

Floreon Wins the 2024 Innovation in Bioplastics Award for Therma-Tech

Floreon has achieved a major milestone by winning the 2024 Innovation in Bioplastics Award from the US Plastics Industry Association (PLASTICS) for its cutting-edge bioplastic, Therma-Tech. This plant-based, halogen-free, flame-retardant polymer is designed for high-performance engineering applications and represents a significant step forward in the bioplastics field. Eco-friendly PLA

Therma-Tech is a groundbreaking material that sets a new standard for sustainable bioplastics in industries such as construction, transportation, electronics, and safety equipment. The product stands out as the first polylactic acid (PLA) compound to receive the UL94V-0 certification, a key fire safety rating for use in devices and appliances, without relying on traditional halogenated additives, which are difficult to recycle and pose environmental risks. This innovation fills a significant gap in the market, where bioplastics with fire retardant properties were previously unavailable. Eco-friendly PLA

Patrick Krieger, Vice President of Sustainability at PLASTICS, praised Floreon for its forward-thinking innovation. “Innovation is about offering more sustainable choices,” he said. “Floreon Therma-Tech provides industries with durable, biobased materials for demanding applications, expanding the scope of bioplastics.”

Floreon’s success is the result of a close collaboration with The University of Sheffield, which led to the creation of three key product lines. In addition to Therma-Tech, the company has introduced Floreon Dura-Tech and Floreon Bio-Tech. These bioplastics offer enhanced durability and are designed for various industries, from medical devices and toys to technical packaging and promotional merchandise. Eco-friendly PLA

Dr. Sandrine Garnier, CEO of Floreon, expressed her enthusiasm for the company’s rapid progress and the industry recognition. “This award is a significant achievement for us,” she said. “2024 is a pivotal year. We’ve expanded our product range, secured key investments, and launched our first commercial applications. This award underscores the potential of our technology and highlights the hard work of our dedicated team.”

Floreon’s biopolymers offer a greener alternative to fossil-based plastics, with carbon emissions up to seven times lower, while still meeting or exceeding traditional material performance standards. Dr. Garnier added, “We are leading the way in the bioplastics revolution, helping industries reduce their environmental impact and offering sustainable solutions for a cleaner, more eco-friendly future.” Eco-friendly PLA

One of the core benefits of Floreon’s technology is its ability to improve the strength and durability of PLA, which has historically been associated with single-use products. By enhancing the performance of PLA, Floreon has opened up a wide range of potential applications for bioplastics, including in the automotive, marine, aviation, electronics, construction, and sports equipment sectors. Therma-Tech, in particular, addresses one of the key weaknesses of PLA—its flammability—while maintaining its recyclability. The product contains more than 75% renewable content and boasts a significantly lower carbon footprint compared to conventional plastics, thanks to its energy-efficient production process. Eco-friendly PLA

In addition to winning the prestigious award, Floreon has recently secured a £2.25 million investment from Northern Gritstone and CPI, a strategic move that will further accelerate the company’s mission to transform the bioplastics industry. This funding will be used to scale up production and bring their innovative products to even more markets around the world.

As part of its commitment to sharing knowledge and advancing the bioplastics field, Floreon will be showcasing its products at the upcoming Advanced Engineering Show, taking place on October 30-31 at the NEC in Birmingham, UK. The company will have a presence at Stand W192, where attendees can learn more about the benefits of Floreon’s sustainable PLA solutions. Dr. Andrew Gill, Floreon’s Technical Director, will also be speaking at the event, where he will discuss the latest innovations in bioplastics and the future of sustainable materials.Eco-friendly PLA

The recognition from PLASTICS and the growing momentum behind Floreon’s bioplastics underscore the company’s leadership in the industry. Therma-Tech is a breakthrough that could reshape how industries think about performance materials, offering an eco-friendly alternative to traditional plastics without compromising on safety or quality. With a clear vision for the future and substantial backing from investors, Floreon is well-positioned to continue its trailblazing path in the bioplastics sector.

The success of Therma-Tech is just the beginning for Floreon, which has ambitious plans to expand its product line and further push the boundaries of what is possible with sustainable materials. Eco-friendly PLA

As industries around the world increasingly seek out environmentally friendly solutions, Floreon’s innovative approach to bioplastics is poised to play a critical role in the transition to a more sustainable future.

Floreon’s journey from a collaborative research project with The University of Sheffield to an award-winning leader in bioplastics demonstrates the power of innovation, determination, and collaboration. Their products not only offer practical solutions for modern industry needs but also represent a significant step forward in reducing the environmental impact of plastics. As the world shifts towards more sustainable practices, Floreon is at the forefront, leading the way with its high-performance, eco-friendly biopolymers. Eco-friendly PLA

Eco-friendly PLA

Hydrogen is the future, says a German company

Hydrogen vehicles have encountered great difficulties, such as the lack of infrastructure and high costs, while battery-electric cars are gaining ground. Toyota has struggled with the Mirai, but BMW continues to believe in FCEVs, focusing on a fleet of iX5s and an expanding infrastructure in the United States of America. Renault is also exploring hydrogen with a new Plug-in Hybrid, trying to combine efficiency and sustainability. Let’s find out more about why hydrogen, according to BMW, could be the turning point for the future of mobility. Eco-friendly PLA
The rise and fall of hydrogen, but BMW still believes in it
Hydrogen vehicles have had a fluctuating history. A few years ago they seemed like the future of mobility, thanks to a refueling system similar to that of traditional cars. However, various obstacles have slowed their diffusion, seriously threatening the survival of this technology.
Toyota was one of the first car manufacturers to focus on hydrogen, investing heavily in the Mirai, but the result has not been exciting. An example is Italy, where only one Toyota Mirai was sold in 2024. The main problem is the insufficiency of refueling infrastructure, which has never taken off globally. Furthermore, the arrival of battery-electric cars, which are increasingly competitive also in terms of costs, has accelerated the decline of FCEVs (Fuel Cell Electric Vehicles). Eco-friendly PLA
Despite the difficulties, BMW continues to develop hydrogen vehicles. The Bavarian company has launched an experimental fleet of BMW iX5s, with the aim of introducing a commercial model by 2028. BMW has highlighted three key advantages of FCEVs: an expanding infrastructure network, better energy load balancing and superior performance in certain driving conditions.
Infrastructure and an uncertain future for hydrogen
The expansion of infrastructure mainly concerns the United States of America, in particular California, which boasts over 40 refueling stations. In many other parts of the world, however, hydrogen remains a marginal technology. Eco-friendly PLA

Hydrogen is the future, says a German company