1.Price Trend 　　This week (8.26-8.30) polyethylene showed a continued decline, in which the average price of LDPE 2426H in East China monitored by toodudu was about RMB 8225/ton; the average price of HDPE 5000S was about RMB 8316.67/ton; and the average price of LLDPE 7042 was about RMB 7333.33/ton. As of August 30, the price of HDPE in East China showed a steady trend this week, and the prices of LDPE and LLDPE showed a continuous downward trend this week. Linear futures continued to decline this week, falling sharply on the 29th, with 01 positions hitting a record high, closing at 1011,980,000 hands, and prices hit a new low in the past decade, which significantly depressed the mindset of the operators. At the end of the month, the market cleared warehouses actively and digested stocks. Businessmen had a pessimistic mentality. Although Petrochemical had a strong intention to bid up at the end of the month, part of the supply chain was tighter, and the mindset of the traders was pes...

In a first and unique collaboration for the personal care industry, Clariant, Siegwerk, Borealis, and Beiersdorf are combining expertise to tackle the challenge of creating recyclable consumer packaging, based on 100% retrieved plastic packaging waste, for cosmetics applications. The pioneering initiative, named Design4Circularity, is providing innovations and insights for the different design aspects to encourage others to also follow design for circularity principles. The cross-industry collaboration is targeting the achievement of truly circular packaging by incorporating full life cycle thinking in each development step, to create a new standard for the industry. Circular packaging supports reduced plastic waste, less use of new/virgin plastic material, and reduced climate impact, which are critical challenges facing our planet. Richard Haldimann, chief technology and sustainability officer, Clariant, says, “This collaboration was possible because all participant...

Bio-based high-density polyethylene (HDPE) produced by INEOS It was used to build the world’s first fully sustainable natural gas pipeline. The pipeline is operated by GRDF, the French gas utility network operator, and was installed using only low carbon footprint polymers. The new pipeline was installed in Clermont Auvergne Metropolis, Clermont-Ferrand, France, as part of GRDF’s program to implement “green” pipelines and reduce carbon emissions. The pipeline is 1 kilometer long. It was built at three locations in the Clermont Auvergne metropolitan gas network. The pipelines are manufactured by Olefins Polymers, a bio-based certified HDPE supply consisting of European INEOS pipelines. It is made from wood-processing residues from the paper industry, which are then converted into bio-naphthalene tallow oil. The tall oil is converted to bioethylene at the INEOS plant in Cologne and then transported to the INEOS Polymers plant in Lillo, Belgium, to produce...