Connecting Businesses In the World Of Plastics
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Clarified Polypropylene is a versatile polymer with excellent combination of clarity and hot fillability, with immense growth potential for packaging of food and beverages. It can revolutionize packaging of dairy products, food & health drink, and medical products with a number of applications. The demand for clarified PP in India from present 100,000 tons is estimated to reach 250,000 tons in the next 5 years. There is a vital need for capacity creation in downstream processing industry to leverage this opportunity and assure all support for market development with technical innovations. To know about the structural properties, attributes of Clarified PP with opportunities in food, milk beverages and pharmaceutical sector, read
As polymer raw materials are always purchased per unit weight, the tendency is to calculate cost on a Per Kilo basis, while the finished product is priced at weight per piece. However, in the marketplace, competitive pressures often force the entrepreneur to offer discounts to protect market share. The discount is normally a percentage of the existing selling price, which, in the majority of cases is the realization on volume basis. If cost calculations are done on per kg basis, many times the reduction in cost by adding fillers/extenders is calculated as a percentage of original formulation cost. The savings may be translated into a price reduction based on this percentage. It is extremely important to understand the Volume cost of Polymers and its additives as it plays a key role in their selection for a particular application. Read more in
Global market for CNT grades based on committed production reached US$103 mln in 2009. This market is projected to reach US$167.2 mln in 2010 and US$1 bln in 2014. However, cost is the biggest hurdle in growth of this material. If research can open up paths to commercialisation - in applications such as computer chips, sensors and display units it is likely that a booming market could drive improvements in production to deliver lower costs. New opportunities will open up subject to a decrease in the cost and price of carbon nanotubes over the next few years, for which companies need to discover cheaper ways to manufacture CNTs, failing which, CNTs will continue to remain a novel product at research level; but the industry will shun its large commercial use. Read more in
Faced with growing concerns about the impact that automobiles have on the environment, a new trend is emerging - use of lighter weight materials that will replace heavier, less eco-friendly metal components and parts. In Europe, studies have shown that plastics materials as an alternative to metal helps to decrease fuel consumption in cars by 750 litres over a life span of 150,000 kms. This alone suggests a sharp improvement in the volume of our CO2 emissions. Read more in
Catalytic conversion technologies to recycle carbon fiber combining three different processes have been developed. The technology is centred around its batch-based carbon fibre recyclate processing, combining three different processes studied over the past decade, each with specific advantages and limitations. Read more in
Flexible packaging has been one of the fastest-growing sectors of the packaging market over the past decade. Flexible packaging substrates provide opportunities to reduce materials, lower package weight and cut costs. Properties of flexible packaging can be easily tailored to meet demanding specifications for a wide range of products. The global flexible packaging market is projected to grow to 17.5 mln tons in 2014 at an average growth rate of 3.4% from 17.5 mln tons in 2009. Read more in
CPVC has been used successfully in residential, commercial and industrial applications for nearly 50 years. It is used for hot and cold water distribution systems, residential fire sprinkler systems, chemical drain waste systems and industrial processing. Advantages of CPVC include its resistance to corrosion, pitting and scaling, ease of installation, and light weight. However, CPVC is more difficult to process than PVC. Read in
The Montreal Protocol on substances that deplete the ozone layer is influencing the use of blowing agents. The treaty is structured around several groups of halogenated (mainly chlorine and bromine based) hydrocarbons that have been shown to play a role in ozone depletion. This international agreement provides a phase-out schedule that will differ depending on types of substances considered and groups ("developed countries" and "article 5 countries") countries belong to. Read in
PRICE TRENDS for the week
Naphtha prices dipped to US$870/MT in Asia at the end of the week of January 24, 2011. Prices in Asia peaked to a two week high on the first day of the week, and cracks...
Ethylene prices have spiked past US$1200/MT in Asia in the week of January 24, 2011. After successful conclusion of deals below US$1200/MT, sell offers have been hiked by 30-40 dollars...
Propylene prices have moved up to US$1265/MT in Asia in the week of January 24, 2011. Most transactions for next month have been concluded. Though a general slowdown on deal conclusion...
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