Recycling news – Ecohelix products enhancing sustainability and circularity 17-10-2024
Crude Oil Prices Trend
Crude Oil Prices Trend by Polyestertime
Asian Aramid Fiber Prices Rise in September 2024 on Strong Demand and Higher Production Costs
In September 2024, Asian Aramid Fiber prices demonstrated a bullish market trend, largely driven by elevated production costs and strong downstream demand. The increase in Aramid Fiber prices reflects the dynamic interplay between supply chain factors and market needs, particularly in key sectors.
In China, FOB prices for Aramid Fiber META Grade surged by 2.5%, reaching USD 12,244 per metric ton. Recycling news
This price increase can be attributed to higher production costs, particularly for critical feedstocks like Para-Phenylene Diamine (PPD), which rose by 2.6% during the month due to escalating Aniline prices. The impact of these feedstock price increases directly influences the overall cost structure of Aramid Fiber production.
The previous month also saw high Aramid Fiber prices driven by robust demand, especially from the automotive industry. Aramid Fiber is crucial for manufacturing heat shields, gaskets, and under-the-hood insulation, which protect engine components from extreme temperatures. Recycling news
The China Association of Automobile Manufacturers (CAAM) reported that domestic automobile sales in China reached 2.27 million units in September, marking a 16.9% increase from August, although this represented a 6% decline year-on-year.
Carbios, a biotech company specializing in sustainable solutions, has partnered with Sleever, a leader in shrink sleeve label technology, to develop home-compostable biodegradable shrink films
The collaboration includes an exclusive long-term agreement and a master supply deal for Carbios Active, an enzymatic solution that aids in the biodegradation of polylactic acid (PLA).
Carbios CEO Emmanuel Ladent highlighted the partnership’s potential, especially in the wine and spirits sector, where Sleever holds a strong market position. He stated: “By integrating Carbios Active, these packaging solutions become compostable at room temperature, driving sustainability in the packaging industry.” Recycling news
This agreement marks a significant step in the development of eco-friendly packaging materials, addressing growing consumer demand for sustainable products. The use of compostable shrink films is expected to open new commercial opportunities for both companies.
In a related development, Carbios recently signed a letter of intent with FCC Environment UK, a leading recycling and waste management firm, to explore establishing a polyethylene terephthalate (PET) biorecycling facility in the UK.
This reflects Carbios’ broader commitment to advancing sustainable solutions across multiple sectors. Recycling news
Arkema has further reduced the carbon footprint of its biobased polyamide PA11, produced from castor beans and sold under the Rilsan brand
Ioniqa Technologies B.V. has filed for bankruptcy protection, citing delays in achieving profitability with its advanced polyester recycling technology
Over the past decade, the company made strides in developing and licensing its plastic recycling technology, proving its industrial feasibility. They also prepared detailed documentation covering technical, process, and economic aspects.
Despite these advancements, Ioniqa faces challenges from the low cost of virgin plastics made from fossil fuels and an underdeveloped recycling supply chain. Additionally, the implementation of mandatory recycling regulations is still years away. Recycling news
These obstacles have made it economically unviable for Ioniqa to deploy its recycling technology on a large scale in its current structure.
Dr. Jitendra Singh Launches India’s First Biopolymers Demonstration Facility in Pune
In a significant move toward establishing India as a global economic leader and a key player in promoting a greener planet, Union Minister Dr. Jitendra Singh inaugurated the country’s first Demonstration Facility for Biopolymers in Jejuri, Pune, via a remote event from New Delhi. This innovative facility, developed by Praj Industries, represents a major milestone in India’s journey towards sustainable solutions. Recycling news
During the inauguration, Dr. Singh emphasized the groundbreaking nature of this facility, stating, “This first-of-its-kind Biopolymers Demonstration Facility in India is a pioneering initiative aimed at producing Polylactic Acid (PLA) bioplastic using indigenous technology. This is a crucial step in India’s commitment to shifting away from fossil-based plastics to environmentally friendly alternatives, addressing the pressing global issue of plastic pollution.”
Highlighting India’s progress in science and technology, he noted, “India has become an attractive destination globally, driven by Prime Minister Narendra Modi’s vision of an ‘Atmanirbhar Bharat’ (self-reliant India). Our bioeconomy was valued at over $150 billion in 2023, with projections to reach $300 billion by 2030.” Recycling news
Ecohelix products enhancing sustainability and circularity
Ecohelix is responding to the need for more sustainable materials by providing wood-based biopolymers. Need to replace fossil-based materials in packaging, paper&board production and construction is eminent. Sustainable and high performing solutions are urgently needed.
Ecohelix is responding to the need for more sustainable materials. Need to replace fossil-based materials in packaging, paper&board production and construction is eminent. Sustainable and high performing solutions are urgently needed. Recycling news
Ecohelix´s wood-based biopolymers provide solutions to these needs. Our ground-breaking technology and WOODMER®’s unique characteristics respond to validated market needs, including the requirement to replace fossil-based chemicals with sustainable alternatives, also meeting or outperforming their technical performance. In addition to coating materials in packaging, we have identified significant potential with the paper chemicals, adhesives and dispersants and explore sectors like renewable batteries, textiles and plastic additives. Recycling news
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