Connecting Businesses In the World Of Plastics
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Green plastics packaging comprises recycled, reusable and biodegradable packaging. Growth of green packaging is projected to increase at about 3.4% until 2013 to reach 450,000 tons. The fastest gains are anticipated for biodegradable plastic packaging and plastic recycled content packaging. To know more about the factors that will affect the growth, the applications that will see an increase in use of these materials, etc. Read
Polyethylene (PE), the largest group of commodity polymers generally grows in line with GDP growth. 2008 was an exception where PE declined by almost 4% - consumption in 2008 was 67 mln tons compared to 71 mln tons in 2007. The global economic slowdown led to decline in consumption in China, other Asia Pacific countries, North America, Western Europe and Japan. Positive forces are in place in developing regions for PE growth between 2008 and 2013. Read more in
A substitute for copper pipes as a method of water distribution has emerged - chlorinated polyvinyl chloride (CPVC). CPVC offers advantages owing to its lightweight, ease of installation and lower overall installed cost. The commercial acceptance of CPVC piping has been limited, especially for industrial applications where more demanding performance and larger pipe sizes are required. As a result, two new industrial CPVC pipe compounds have recently been developed. One product is an ultrahigh impact strength material that has been shown to exhibit more than 5 times the toughness than most other CPVC products. The other product is a new large diameter pipe extrusion compound. Read more in
High performance and specialty film is projected to grow at 4.5% pa through 2012 in USA. Photovoltaic film, modified atmosphere food packaging and biodegradable film applications are expected to have higher growth aspects. The 3 key sectors that are expected to have good growth prospects are films for barrier, construction and packaging of chemicals. Barrier films will remain largest segment with over 50% share of the specialty film market. Read more in
South East Asian region consists of China, Korea, Taiwan and ASEAN countries. The outlook of masterbatches in this region is quite buoyant. Demand pattern in this region is quite diverse with countries like Korea, Singapore and Taiwan having scope for growth of sophisticated masterbatches, while countries like Vietnam constitute a small but rapidly growing market. Despite a global economic slowdown, growth of 8% was seen in 2008, supported by robust growth in the automotive and electrical sector. A research estimates that masterbatches will grow over 8% through 2013 in the region. Read in
The essential factors of plastic interior trim parts are low gloss appearance along with good scratch and abrasion resistance, which has improved through development efforts over the past several years. Scratch and mar resistance (SMR) is important and critical for interior auto parts because scratch is associated with poor quality. So far, OEMs demanded short-term scratch-resistance, which has changed to longer-term scratch resistance, on increasing demand from consumers. Besides scratch and mar resistance, other key properties include gloss, soft-touch feel, and low fogging or emissions due to volatile organic compounds (VOCs). To know about the developments in additive systems, Read
Carbon fibre reinforced plastic (CFRP) composites, that till recently, mainly found application in aerospace, automotive and high-end sporting goods are increasingly being used in new manufacturing applications where material cost is secondary to performance, high strength and reduced weight. After demand slipped in 2009, the carbon fibre market is expected to rebound in 2010, as economies recover from the slow down. To know about the growing application sectors, growth potential, newer developments, etc, read
For several years, the styrenics market has been faced with problems of poor profitability. Styrene's largest derivative, polystyrene (PS), has been faced with tough times mainly due to higher prices, leading to shrinking demand and consumption. PS prices have been impacted by the high prices of feedstock benzene and styrene, resulting in substitution with cheaper polymers. As a result, margins in the styrenics chain have been low. A recently developed cheaper manufacturing process could help rescue the sector. The new process also reduces the amount of greenhouse gas emissions, in particular methane and carbon dioxide. Read in
Recent innovation has led to the development of color-changing roof tiles that absorb heat in winter, reflect it in summer. These roof tiles change color based on the temperature. The tiles become white when it's hot, allowing them to reflect away most of the sun's heat. When it's cold they turn black and absorb heat just when it's needed. This leads to substantial savings in the form of energy savings. Read abut the development in
PRICE TRENDS for the week
Naphtha prices continue to rise in Asia in the week of April 26, 2010 to about US$775/MT in line with robust crude oil markets. H1-June open-spec naphtha...
Restricted avails have pushed up ethylene prices to US$1260/MT in Asia in the week of April 26, 2010. Supplies have been tight as a number of Asian crackers...
Propylene prices have inched down to US$1310/MT in Asia in the week of April 26, 2010 in line with the accelerating plunge in US spot propylene.......
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