Connecting Businesses In the World Of Plastics
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Global economic slowdown has also caused economies to decline in 2008, affecting petrochemical industry worldwide. Japanese and South Korean petrochemical industry were faced with a need for serious structural reform even before the onset of the economic crisis. This was due to the massive investments made in the Middle East in mega sized low cost ethane cracker projects. Additionally, large scale petrochemical projects are coming onstream in China, reducing China’s dependence on imports, sourced from Japan and South Korea. Petrochem producers in these two large Asian countries have been gearing up to face the new challenges by realigning their product portfolios and market positions, attempting restructuring, consolidations, mergers and acquisitions. Read in
Several markets of plastics use carbon black including agriculture film, appliances, automobiles, cables/wires, consumer products, films, geomembrane, household products, pipes, etc. Tyres and rubber products represent the major end-use applications, accounting for about 90% of global carbon black market. Developing economies in Asia Pacific, Middle East/Africa and Latin America will emerge as the largest and the most lucrative markets in the upcoming years. Several factors will affect the demand for specialty blacks. Read in
A study found that the polymer volume used for thin wall packaging in 2008 remained unchanged at 2.5 mln tons, despite the economic recession. Increasing consumer demand for convenient packaging solutions has propelled the growth of TWP, increasing its penetration in food packaging. To know more about the largest producers in Europe, the larger markets, growth regions, polymer grades used and being developed, applications, limitations & challenges, etc, read
Significant declines in global GDP in 2008 led to a sharp decline in the global consumption of olefin and downstream products. Shrinking by 5.1% in 2008, the olefins industry suffered a decline due to high feedstock prices in H1-08 that was followed by a collapse in prices in H2-08. The industry seems to be recovering in 2009 and 2010, though at a slow pace. Slower demand along with newer large capacities will inevitably prolong the oversupply situation leading to shutdown, consolidation and restructuring of several olefin and derivative capacities in mature, high cost regions such as Japan, Western Europe and USA. Read more in
Global PVC demand amounted to around 33 mln tons in 2009, with a fall in demand in NAFTA, Europe and Japan. Growth was seen in India and Asia, and is expected to continue in these regions and in Latin America. Developments in PVC are currently evolving to take into account legislation against the use of heavy metal stabilisers worldwide, trends in flame retardants and the controversies over the use of some phthalate plasticizers. Read more in
OLEDs are evolving as the next generation of light sources. Performance of organic LEDs depends upon many parameters such as electron and hole mobility, magnitude of applied field, nature of hole and electron transport layers and excited life-times. A research team is concentrating on producing ultra-pure, defect free materials. Another team is using polymer nanoparticles to house light-emitting ‘inks’ to develop a thin film OLED using iridium-based guest molecules to emit various colors of visible light. Organic LED televisions are finding application in home electronics market, cars, etc. They are promising candidates for general lighting application, next generation of high-resolution, high-efficiency flat panel displays. Read more in
Nanotubes are relatively newer, and it is necessary to understand them for their processing. Nanotube compounds require lower shear processing equipment for developing efficient conductivity and other properties. To know the aspects for successfully producing a polymer CNT compound, read
Advances in organic polymers for plastic solar cells are leading to development of new materials that will increase solar cell efficiencies and operational lifetimes. One new development has extended the operating life of an unsealed plastic solar cell, from mere hours to 8 months. Another new experiment suggests it is possible to achieve control using quantum effects, even under relatively normal conditions. Read more in
New research shows that the future of lighter, cheaper and more-flexible solar cells looks bright. A research team added silver nanoparticles to polymer semiconductor photovoltaic materials and observed a relative efficiency boost of 12%. The discovery could pave the way to flexible organic photovoltaics with all the advantages of ease of manufacture and inexpensive starting materials. Another research has developed a multi-cell array that achieved an efficiency of 43%, setting a new record for solar cell efficiency. Read details in
PRICE TRENDS for the week
Despite rising crude oil prices, naphtha prices have fallen by 30 dollars in the week. Open-spec prices for H2-July....
Ethylene prices have steadied at US$900/MT in Asia in the week amid lackluster demand from downstream market...
Propylene prices have moved up to US$1085/MT in Asia in the week as supply begins to get constrained on planned propylene shutdowns....
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