PET Prices – Trinseo has recently launched a chemical recycling demonstration plant in Rho, just outside Milan Italy 01-07-2024

PET Prices

PET Prices

  • 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 Prices

PET Prices

Polyestertime
ITEM 24/06/2024 01/07/2024 +/-
Bottle grade PET chips domestic market 7,030 yuan/ton 7,080 yuan/ton +50
Bottle grade PET chips export market 895 $/ton 900 $/ton +5
Filament grade Semidull chips domestic market 7,000 yuan/ton 7,100 yuan/ton +100
Filament grade Bright chips domestic market 7,020 yuan/ton 7,120 yuan/ton +100
Pure Terephthalic Acid PTA domestic market

PET Prices

5,930 yuan/ton 6,020 yuan/ton
+90
Pure Terephthalic Acid PTA export market 720 $/ton 730 $/ton +10
Monoethyleneglycol MEG domestic market 4,510 yuan/ton 4,655 yuan/ton
+145
Monoethyleneglycol MEG export market 527 $/ton 545 $/ton +18
Paraxylene PX FOB  Taiwan market 1,040 $/ton 1,049 $/ton
+9
Paraxylene PX FOB  Korea market 1,018 $/ton 1,027 $/ton +9
Paraxylene PX FOB EU market 1,120 $/7on 1,125 $/ton +5
Polyester filament POY 150D/48F domestic market 7,850  yuan/ton 8,000 yuan/ton
+150
Recycled Polyester filament POY  domestic market 7,650 yuan/ton 7,700 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 9,350 yuan/ton 9,400 yuan/ton +50
Polyester filament FDY 68D24F 9,025 yuan/ton 9,200 yuan/ton +175
Polyester filament FDY 150D/96F domestic market

PET Prices

8,325 yuan/ton 8,500 yuan/ton +175
Polyester staple fiber 1.4D 38mm domestic market 7,850 yuan/ton 7,870 yuan/ton +20
Caprolactam CPL domestic market 13,000 yuan/ton 12,900 yuan/ton
-100
Caprolactam CPL overseas  market 1,650 $/ton 1,650 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,200 yuan/ton 14,050  yuan/ton -150
Nylon 6 chips  high speed spinning domestic  market 14,700 yuan/ton 14,400 yuan/ton -300
Nylon 6.6 chips domestic  market

PET Prices

20,400 yuan/ton 20,200 yuan/ton -2
Nylon6 Filament POY 86D/24F domestic  market 16,900 yuan/ton 16,600 yuan/ton -300
Nylon6 Filament DTY 70D/24F domestic  market 19,200 yuan/ton 19,000 yuan/ton -200
Nylon6 Filament FDY  70D/24F  18,100 yuan/ton 17,850 yuan/ton -250
Spandex 20D  domestic  marke 32,500 yuan/ton 32,000 yuan/ton -500
Spandex 30D  domestic  market 31,000 yuan/ton 30,500 yuan/ton -500
Spandex 40D  domestic  market  28,000 yuan/ton 27,500 yuan/ton -500
Adipic Acid domestic market

PET Prices

9,800 yuan/ton 9,700 yuan/ton -100
Benzene domestic market9, 9,415 yuan/ton 9,250 yuan/ton -275
Benzene overseas  market 998 $/ton 1,040 $/ton +42
Ethylene South East market 945 $/ton 930 $/ton -15
Ethylene NWE market CIF 765 $/ton 765 $/ton
Acrylonitrile ACN  domestic market 9,400 yuan/ton 9,400 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

PET Prices

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,350 yuan/ton 13,300 yuan/ton -50
PP Powder domestic market 7,470 yuan/ton 7,530 yuan/ton +60
Naphtha overseas market  703 $/ton 719 $/ton +16
Phenol domestic market 8,320 yuan/ton 8,262 yuan/ton -58

r-PET high end eco-friendly chips =8,300 yuan/ton 8,300 yuan/ton   –

PET Prices

Pietro Cassani Appointed President & CEO of Sidel

The Tetra Laval Group Board has announced the appointment of Pietro Cassani as the new President & CEO of Sidel, effective from July 15, 2024. Based in Parma, Italy, Pietro succeeds Monica Gimre, who served in this role for over five years and had a remarkable 41-year tenure with the Tetra Laval Group.  PET Prices

Pietro brings extensive experience to his new position. He previously held the CEO role at the Marchesini Group for eight years and served as Group General Manager of SACMI for over a decade. With a total of 30 years in business and engineering, Pietro holds an Engineering degree from the University of Bologna and an MBA from the SDA Bocconi School of Management.


Additionally, here’s a brief overview of Tetra Laval and Sidel:

About Tetra Laval: Tetra Laval Group comprises three industry-focused entities: Tetra Pak, Sidel, and DeLaval. PET Prices

Their collective mission centers around efficient and sustainable technologies and services for food production, processing, packaging, and distribution. With operations in over 170 countries, Tetra Laval employs more than 34,000 people and achieved revenue of EUR 15.7 billion in 2023. For further details, visit Tetra Laval’s website.

About Sidel: Sidel, a global leader in packaging solutions, specializes in beverages, food, and personal and household care products. With over 170 years of industry expertise, Sidel offers advanced systems, line engineering, and sustainable solutions. Their footprint spans 190 countries, with more than 40,000 machines installed and a dedicated workforce of over 5,000 employees.  PET Prices

Pietro Cassani Appointed President & CEO of Sidel

Trinseo has recently launched a chemical recycling demonstration plant in Rho, just outside Milan Italy

This facility, focusing on the depolymerization of polymethylmethacrylate (PMMA) waste and scraps, was inaugurated in the presence of local officials. The announcement for this plant came at the end of the previous year, highlighting a significant development since Trinseo’s expansion in 2021 through the acquisition of methyl methacrylate (MMA) and PMMA activities from Arkema. PET Prices

The innovative recycling unit transforms PMMA waste back into its original monomer, MMA. This substance can then be reprocessed into new PMMA without losing the material’s inherent mechanical and optical qualities. The recycled MMA is suitable for use in manufacturing compounds or extruding various sheets.

This depolymerization process was originally developed as part of the European MMAtwo project, which began in 2018. The project was led by Dutch PMMA recycling specialist Heathland, which Trinseo later acquired. This step represents a move towards more sustainable practices within the industry, aiming to reduce waste and encourage the reuse of materials in a way that maintains product integrity. PET Prices

Trinseo has recently launched a chemical recycling demonstration plant in Rho, just outside Milan