Ineos collaborates with the Molding Solutions business of Barnes Group to develop optimal molding parameters for its new grades of mechanically recycled ABS, said Plasticstoday.
Two new grades of mechanically recycled ABS, featuring either 50% or 70% recycled content, promise to match the properties of prime materials and are the focus of a partnership intent on optimal molding of the materials.
The grades — Terluran ECO GP-22 MR50 and MR70 — from Germany’s Ineos Styrolution are based on post-consumer waste electrical and electronic equipment and will be available in black. The materials are aligned with the company’s pledge to incorporate at least 325 kilotons a year of recycled materials into its products.
“We are convinced that our Terluran ECO is the best mechanically recycled ABS in the world,” said Yohann Bach, Product Director ABS Standard EMEA for Ineos Styrolution. “It offers identical properties to the respective native material.”
Terluran ECO materials are expected to match the mechanical properties of their respective prime Terluran grades, the company said, with no need for downcycling. They are intended to be used in the same applications as prime Terluran GP-22, including household applications and housings for electronic devices. ECO materials compare favorably in performance with prime GP-22, per the company’s data sheets. For instance, the tensile modulus of GP-22 is 2300 MPa vs. 2100 for both ECO variants.
Ineos will collaborate with Molding Solutions, a business unit within the Barnes Group, to explore how best to mold these sustainable materials.
As per MRC, Ineos is to develop a dedicated acetonitrile unit at its Cologne, Germany site to capitalise on anticipated pharmaceuticals sector demand for the material. The company is to develop a 15,000 tonne/year production facility at the site to enhance supplies for its European customer base, on the back of anticipated demand from the pharmaceutical, agrochemical and bioscience sectors. Acetonitrile is usually produced as a co-product of acrylonitrile (ACN) rather than as a standalone product, and is a key component in many drug and nutrition manufacturing processes.
We remind that in April 2021, INEOS Styrolution, Recycling Technologies and Trinseo announced that they had reached a significant milestone in their plans to build commercial polystyrene (PS) recycling plants in Europe. Recycling Technologies has been selected as the technology partner.
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Poland is appealing to the EU to impose additional import tariffs on Russian oil and gas, the government spokesperson has said, said Thefirstnews.
The European Union wants to mobilise around EUR 300 billion by 2030, including around EUR 72 billion in subsidies and EUR 225 billion in loans, to end its reliance on Russian oil and gas, European Commission President Ursula von der Leyen said.
Piotr Mueller, the Polish government spokesperson, on Wednesday praised the plan but said that it was a shame it was introduced so late because Poland had for years warned against becoming dependent on Russian gas and oil.
At the same time he said that Poland is appealing "here and now" to the European Commission to introduce an additional tariff on Russian oil and gas "so that Russia does not take advantage of this armed conflict, this turmoil on the international arena in terms of fuel prices, does not divide the member states into better and worse... and does not dictate various types of discounts or higher prices."
He added that Poland was proposing either a quick timely embargo on Russian oil, gas and coal, or "a punitive duty that would make EU entrepreneurs want to abandon Russian supplies.
As per MRC, the U.S. House passed a bill on Thursday that allows the U.S. president to issue an energy emergency declaration, making it unlawful for companies to excessively increase gasoline and home fuel prices. The bill must pass the Senate, where it faces an uncertain future, and be signed by President Joe Biden to become law.
As per MRC, the price of Brent crude oil, the world benchmark, has increased in 2022, partly as a result of Russia’s full-scale invasion of Ukraine. In addition, a strong U.S. dollar means that countries that use currencies other than the U.S. dollar pay more as crude oil prices increase.
We remind, oil prices fell on Monday as concerns over weak economic growth in China, the world's top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude.
mrchub.com
Air Products reported 2Q FY 2022 results, said the company.
Asia sales of USD751 M increased 8% over the prior year on 6% higher volumes, particularly on-site volume from new, traditional industrial gas plants; 1% higher pricing; and 1% higher energy cost pass-through.
Operating income of USD204 M increased 3% and adjusted EBITDA of USD322 M increased 2%, as favourable volumes and pricing more than offset higher costs.
Operating margin of 27.1% decreased 140 basis points and adjusted EBITDA margin of 42.8% decreased 240 basis points.
We remind, Pertamina and Air Liquide Indonesia, signed a joint study agreement on capturing carbon emissions from its Balikpapan hydrogen production facility and storing the carbon in the Kutai basin area off East Kalimantan province. Some of the emissions would be converted into products like methanol, which can be used to produce low-carbon fuels, Pertamina said in the statement. Indonesia, which relies heavily on fossil fuels for its energy, aims to achieve net-zero emissions by 2060 and aims to nearly double the proportion of renewables in its energy mix to 23% by 2025.
As per MRC, Air Products announced that it is teaming up with World Energy to build a new USD2 B major expansion project at World Energy’s sustainable aviation fuel (SAF) production and distribution hub in Paramount, California. The L.A. county facility is the world’s first commercial scale and North America’s only SAF production facility and its total fuel capacity will be expanded to 340 MM gallons annually.
mrchub.com