PT Blog

New analysis from Houston-based IHS Markit signals the convergence of two significant and revolutionary technological developments in the petrochemical industry: crude oil-to-chemicals (COTC) and oxidative coupling of methane (OCM). The consultant believes the technologies are poised to have a very significant impact on the chemical industry.

Don Bari, v.p. of chemical technology at IHS Markit, notes that disruptive technology development and deployment has been dominant on a global basis in this industry within the last decade. It has been largely driven by the extreme pricing dynamics of the energy industry, translating directly to petrochemical feedstocks; where such new technology has enabled deployers of capital and technology to use low-cost and locally abundant feedstocks.

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Sponsored Content 22. June 2018

Equipment Monitoring That Continuously Evolves

Many equipment monitoring and predictive maintenance systems are well-equipped to monitor a single piece of equipment, signal alarms or even detect patterns. Few, however, are built to grow like SmartServices, the new equipment monitoring platform from Conair.

A particularly promising aspect of the SmartServices platform is the insight it provides on how processors’ performance data compares to the collective data of others using similar equipment. Even as individual users interact with the data for their own machines, the platform collects, analyzes and stores performance data from thousands of other connected processors worldwide, not just on Conair equipment.

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Braulio Polanco will be among the roughly 70 speakers presenting at Plastics Technology’s Extrusion 2018 Conference, to be held Sept. 18-20 at the Huntington Convention Center in Cleveland. On Thursday morning, in the General Extrusion Session, Polanco will present Design of Experiments for Scientific Extrusion.

“Scientific Extrusion?” you ask. “I’ve heard a lot about Scientific Molding, but what’s Scientific Extrusion?’

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By mid-June, prices of six volume resins—PE, PS, PVC, ABS, PC, and nylon 6, appeared to be on a flat-to-down trajectory, owing to lower prices of some key feedstocks coupled with improved supply-demand balance circumstances. In contrast, tight supplies of other feedstocks and their intermediaries along with higher prices have resulted in an upwards pricing trajectory for PP, PET, and nylon 66. This according to purchasing consultants Resin Technology Inc. (RTi), PetroChemWire (PCW), and Michael Greenberg, CEO of the Plastics Exchange. Here’s a glimpse at each.

● PE: Prices last month were a mixed bag for the first time in quite a few years. Two suppliers reportedly offered a decrease of 3¢/lb for LLDPE, with prices of all other resins flat. Making things more complicated, Dow announced a 4¢/lb increase for June, while other suppliers postponed their 3¢/lb price hikes (which originated for March implementation) into this month. Mike Burns, RTi’s v.p. of client services for PE, for one, ventured June prices would be flat, with a good chance that trend could continue into this month and beyond. A false demand surge as a result of hurricane season inventory buildup by buyers could promote higher prices.

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At NPE, Jomar molded polycarbonate LED bulbs on its new IntelliDrive 85S servohydraulic injection-blow machine. Molded eight-up in 11.5 sec, the bulbs had only slightly visible gate marks and parting lines—something not supposed to be possible with this process, according to Jomar sales manager Ron Gabriele. He credits both the know-how of Jomar’s processing team and the skills of the toolmaker, Lenape Mold in Millville, N.J.

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