PET Bottles – Trillium Renewable Chemicals, based in Knoxville, Tennessee, has partnered with INEOS Nitriles to launch a pioneering demonstration plant at the Green Lake facility in Texas 10-06-2024

PET Bottles

PET Bottles

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET Bottles

PET Bottles

Polyestertime
ITEM 03/06/2024 10/06/2024 +/-
Bottle grade PET chips domestic market 7,050 yuan/ton 7,000 yuan/ton -50
Bottle grade PET chips export market 900 $/ton 895 $/ton -5
Filament grade Semidull chips domestic market 6,890 yuan/ton 6,870 yuan/ton -20
Filament grade Bright chips domestic market 6,920 yuan/ton 6,900 yuan/ton -20
Pure Terephthalic Acid PTA domestic market

PET Bottles

5,940 yuan/ton 5,920 yuan/ton
-20
Pure Terephthalic Acid PTA export market 735 $/ton 730 $/ton -5
Monoethyleneglycol MEG domestic market 4,560 yuan/ton 4,520 yuan/ton
-40
Monoethyleneglycol MEG export market 535 $/ton 525 $/ton -10
Paraxylene PX FOB  Taiwan market 1,047 $/ton 1,026 $/ton
-21
Paraxylene PX FOB  Korea market 1,025 $/ton 1,004 $/ton -21
Paraxylene PX FOB EU market 1,125 $/7on 1,120 $/ton -5
Polyester filament POY 150D/48F domestic market 7,725  yuan/ton 7,800 yuan/ton
+75
Recycled Polyester filament POY  domestic market 7,400 yuan/ton 7,450 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 9,075 yuan/ton 9,175 yuan/ton +100
Polyester filament FDY 68D24F 8,900 yuan/ton 8,925 yuan/ton +25
Polyester filament FDY 150D/96F domestic market

PET Bottles

8,200 yuan/ton 8,225 yuan/ton +25
Polyester staple fiber 1.4D 38mm domestic market 7,400 yuan/ton 7,430 yuan/ton +30
Caprolactam CPL domestic market 13,600 yuan/ton 13,250 yuan/ton
-350
Caprolactam CPL overseas  market 1,620 $/ton 1,650 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,750 yuan/ton 14,600  yuan/ton
Nylon 6 chips  high speed spinning domestic  market 15,600 yuan/ton 15,400 yuan/ton -200
Nylon 6.6 chips domestic  market

PET Bottles

20,400 yuan/ton 20,400 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,400 yuan/ton 17,400 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market 19,850 yuan/ton 19,800 yuan/ton -50
Nylon6 Filament FDY  70D/24F  18,350 yuan/ton 18,400 yuan/ton
Spandex 20D  domestic  marke 32,500 yuan/ton 32,500 yuan/ton
Spandex 30D  domestic  market 31,000 yuan/ton 31,000 yuan/ton
Spandex 40D  domestic  market  28,000 yuan/ton 28,000 yuan/ton
Adipic Acid domestic market

PET Bottles

10,000 yuan/ton 9,850 yuan/ton -150
Benzene domestic market9, 9,370 yuan/ton 9,330 yuan/ton -40
Benzene overseas  market 1,093 $/ton 1,035 $/ton -58
Ethylene South East market 950 $/ton 950 $/ton
Ethylene NWE market CIF 768 $/ton 770 $/ton +2
Acrylonitrile ACN  domestic market 10,000 yuan/ton 9,600 yuan/ton -400
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

PET Bottles

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,100 yuan/ton 13,100 yuan/ton
PP Powder domestic market 7,350 yuan/ton 7,420 yuan/ton +70
Naphtha overseas market  677 $/ton 648 $/ton -29
Phenol domestic market 7,857 yuan/ton 7,875 yuan/ton +18

r-PET high end eco-friendly chips =8,250 yuan/ton 8,250 yuan/ton   –

PET Bottles

Chemical and Physical Recycling: Pivotal for Achieving the Green Deal and a Circular Economy

The Renewable Carbon Initiative (RCI) has released a position paper emphasizing the critical role of chemical and physical recycling in achieving the Green Deal’s goals and fostering a circular economy. These recycling methods are vital for the ecological transition, allowing for the retention of carbon within plastics and contributing to the circular economy’s scalability and volume requirements. They provide a solution for processing waste that cannot be mechanically recycled, diverting it from incineration or landfill and keeping it within the material cycle. PET Bottles

Synergy Among Recycling Methods

Mechanical, physical, and chemical recycling methods are complementary, each suited to different waste stream compositions, sorting requirements, and economic considerations. They vary in their input requirements, output quality, and quantity, but together they form the backbone of a robust carbon management strategy. This strategy is essential for creating sustainable carbon cycles and moving away from fossil-based resources in the chemical industry.

To harness the full potential of chemical and physical recycling, substantial investments and a supportive policy environment are necessary. PET Bottles

Requirements for Maximizing Recycling Potential

The RCI’s position paper outlines eleven key actions to stimulate demand, encourage investment, and enhance technology in the field of recycling. These actions range from widespread acceptance of recycling technologies to specific policy measures like mandatory recycled content quotas, clear recycling rate calculations, and the integration of mass balance approaches. The paper also calls for faster approvals for new recycling facilities, broader recycling infrastructure beyond packaging, and financial incentives such as CO2 pricing adjustments. PET Bottles

A Pragmatic and Flexible Approach

The RCI advocates for a pragmatic stance on recycling, recognizing that while closed-loop systems are ideal for sectors like packaging, textiles, and automotive, flexibility is crucial. This flexibility allows for the cross-sectoral use of waste streams, optimizing environmental and economic outcomes.

Towards Comprehensive Carbon Management

Chemical and physical recycling are not just recycling methods; they are integral to comprehensive carbon management. This approach extends beyond merely reducing CO2 emissions—it involves a shift from fossil-based raw materials to renewable sources like biomass and recycled CO2. PET Bottles

It aims to use renewable carbon as efficiently as possible, especially in areas where carbon usage is essential, such as in the production of chemicals and plastics.

Chemical and Physical Recycling: Pivotal for Achieving the Green Deal and a Circular Economy

Trillium Renewable Chemicals, based in Knoxville, Tennessee, has partnered with INEOS Nitriles to launch a pioneering demonstration plant at the Green Lake facility in Texas

This collaboration, known as “Project Falcon,” aims to transform plant-derived glycerol into acrylonitrile, a crucial component for industries and carbon fiber production. INEOS, a leader in petrochemical manufacturing, will host the project at its Green Lake site, the largest acrylonitrile production location in the U.S. PET Bottles

Corey Tyree, CEO of Trillium, expressed excitement about the partnership, highlighting it as a significant advancement in commercializing their sustainable technology. Trillium’s innovative process promises a greener alternative to traditional acrylonitrile production, aligning with the increasing demand for eco-friendly materials.

The initiative follows Trillium’s successful $10.6 million Series A funding and a $2.5 million grant from the U.S. Department of Energy. These financial boosts enabled the construction of a pilot plant that has already produced acrylonitrile from glycerol. The pilot operations not only supplied product samples to customers but also offered valuable insights for the design of Project Falcon. PET Bottles

Hans Casier, CEO of INEOS Nitriles, reaffirmed their commitment to sustainability and reducing the industry’s carbon footprint. The operation of Project Falcon, set to begin in early 2025 and run until early 2026, will focus on validating the economic viability and environmental benefits of large-scale sustainable acrylonitrile production. The project’s success will be measured by achieving key performance indicators, such as plant uptime and equipment functionality, ultimately aiming to become a qualified supplier of bio-based acrylonitrile

Trillium Renewable Chemicals, based in Knoxville, Tennessee, has partnered with INEOS Nitriles to launch a pioneering demonstration plant at the Green Lake facility in Texas