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Industry Insights

How can we spur plastic upcycling? Turn it into Graphene
In a groundbreaking development, Australian scientists have devised a method to convert harmful microplastics into valuable graphene, offering a promising solution to plastic pollution. Graphene, a material consisting of a single layer of carbon atoms, exhibits unique properties that make it highly sought after in electronics, biomedical technology, and solar panels.
90% Efficiency in Mixed Plastic Recycling: A Leap Towards Circular Economy
In today's society, plastic is an indispensable part of daily life, from household items to industrial production. However, with its widespread use, the environmental issues caused by plastic pollution have become a pressing global challenge. Finding effective methods to recycle and reuse plastic, and breaking the plastic waste cycle, has become a top priority for scientists and society alike.
Iron and Alcohol Revolutionize PET Plastic Waste Recycling
Researchers have unveiled a groundbreaking method to transform polyethylene terephthalate (PET)—a prevalent plastic used in textiles and drink containers—back into its original, high-quality materials. This innovative technique leverages iron and alcohol, offering a selective recycling solution that can handle mixed plastics and textiles.
Brazil's PET Recycling Industry Struggles with Low Margins and Insufficient Supply
As Brazil’s recycled polyethylene terephthalate (PET) market grapples with insufficient feedstock, prices for post-consumer PET bales are rising. This occurs against the backdrop of competitively priced Southeast Asian virgin pet resin imports, which compresses the margin between PET flakes and bales and poses a major challenge for recyclers' financial viability.
James Cook University Develops Microplastic-to-Graphene Technology: 200 Times Stronger Than Steel
As global environmental challenges escalate, plastic pollution has become a critical issue. Meanwhile, graphene, renowned for its remarkable properties, offers transformative potential across various industries. Researchers at James Cook University have unveiled a groundbreaking technology that converts microplastics into graphene, paving the way for both addressing plastic waste and advancing sustainable graphene production.
Is Recycled Plastic Safe for Food Contact? Researchers Say FDA Approval May Not Be Enough
As the demand for sustainability grows, more food packaging companies are turning to recycled plastic. However, despite the U.S. Food and Drug Administration (FDA) approving recycled plastics for food contact, experts are raising concerns about the safety of these materials.
Weekly Review (12/08/2024 - 18/08/2024): PET Prices Decline Amidst Fluctuations in Polyester Raw Materials
Over the past week, the PET plastic raw material market experienced notable fluctuations and supply-demand shifts. Variations in international crude oil prices, declining PX prices, and adjustments in PTA and ethylene glycol markets have significantly impacted the polyester supply chain. Consequently, while PET bottle-grade resin market processing fees remained stable, market pressures have begun to intensify. This article provides a concise analysis of the recent market dynamics.
Recycling Medical Waste: Feasibility of Recovering PET Plastic from Blood Collection Test Tubes
The incineration of single-use plastic consumables and devices in laboratories results in significant waste of valuable resources, including high-quality PET (Polyethylene Terephthalate) plastic. PET, known for being one of the most recycled plastics, offers significant advantages due to its high recycling rate and durability. This issue led the Clinical Microbiology laboratory at Odense University Hospital (OUH) in Denmark to investigate alternative disposal methods for these products.
Malaysia Launches Anti-Dumping Investigation on PET Imports from China and Indonesia
The Malaysian government has initiated an anti-dumping duty investigation on polyethylene terephthalate (PET) imports originating from China and Indonesia, as announced by the Ministry of Investment, Trade and Industry (MITI).
PET Bottle Grade Production: Reaching a Load Bottom? Gradual Recovery Expected
As the world’s leading supplier of PET bottle grade, China plays a pivotal role in the global market for PET plastic materials. Recent production cuts and maintenance in July have impacted downstream manufacturers' procurement and production. However, there has been a gradual recovery in bottle grade PET production capacity, which is expected to alleviate some supply constraints and stabilize market dynamics.
July PET Bottle Grade Prices Dip Slightly but Remain Resilient
According to the commodity market analysis system of SunSirs, the price of PET bottle grade has slightly rebounded this month, with a volatile operation showing a certain downward trend. As of July 31st, the average price of PET (Polyethylene Terephthalate) bottle grade is 7,130 RMB per ton, approximately $982 per ton based on the current exchange rate.
Millions of Plastic Bottles Emptied into Returnable Cups: “Zero Waste” Commitment Faces Daunting Challenges
Despite the installation of numerous water and soda dispensers at the Paris 2024 Olympics, many competition venues are still seeing spectators’ cups filled with the contents of plastic bottles. While this situation highlights the difficulties of actual implementation, it also underscores the significant challenges faced by the event organizers in their environmental efforts.
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