Glossary of plastics trading terms

The terms that appear in specifications, offers and shipping documents, explained in plain language.

Material properties

Intrinsic viscosity (IV)
A measure of PET molecular weight, in dl/g. Higher IV means stronger melt and products; bottles typically need 0.76–0.84 dl/g, fiber 0.60–0.68 dl/g.
Melt flow index (MFI / MFR)
Grams of polymer that flow through a standard die in 10 minutes at a set temperature and load. Low MFI suits film and blow molding; high MFI suits injection and fiber.
Density
Mass per volume in g/cm³. It separates HDPE (≥ 0.94) from LDPE and LLDPE (< 0.94) and affects stiffness.
Acetaldehyde (AA)
A by-product in PET that can affect the taste of bottled water. Bottle-grade resin is typically ≤ 1 ppm.
Denier
Linear density of a fiber: grams per 9,000 meters. Fine spinning fibers are about 1.2–1.5 D; filling fibers 3–15 D.
HCS
Hollow conjugated siliconized polyester fiber, with spiral crimp and silicone finish for soft, high-loft filling.

Recycled materials

rPET
Recycled PET, usually from post-consumer bottles, traded as flakes or pellets.
Hot-washed flakes
Bottle flakes washed in a hot caustic solution that removes glue, labels and contaminants more thoroughly than a cold wash.
SSP (solid-state polymerization)
A process that raises the IV of PET or rPET pellets and lowers acetaldehyde for demanding applications.
PCR / PIR
Post-consumer recycled material comes from used products; post-industrial recycled material comes from production scrap.
Regrind
Plastic scrap that has been ground into small pieces but not re-pelletized.
Prime, off-grade, wide-spec
Prime meets the producer’s full specification; off-grade and wide-spec fall outside it and are sold as such, usually at a discount.

Trade and logistics

FCL
Full container load: one shipper’s cargo fills a whole 20′ or 40′ container.
Incoterms 2020
International Chamber of Commerce rules defining who pays freight and insurance and where risk passes between seller and buyer.
FOB
Free on board: risk passes when goods are loaded on the vessel at the port of shipment; the buyer pays the main freight.
CFR / CIF
Cost and freight / cost, insurance and freight: the seller pays the main freight (and insurance for CIF), but risk still passes at loading.
DAP
Delivered at place: the seller delivers to a named destination, ready for unloading; import duties remain with the buyer.
HS code
Harmonized System code used by customs worldwide to classify goods; national tariffs add more digits.
Bill of lading (B/L)
Document issued by the carrier that receipts the cargo, evidences the contract of carriage and, when negotiable, represents title to the goods.
Free time, demurrage and detention
Days allowed to use a container at no cost; demurrage is charged inside the terminal after that, detention outside it.

Documents and payment

TDS
Technical data sheet: the producer’s description of a grade and its typical properties.
COA
Certificate of analysis: test results of the specific lot being shipped.
SDS
Safety data sheet with handling, storage and safety information.
Letter of credit (L/C)
A bank’s undertaking to pay the seller when compliant documents are presented.
CAD
Cash against documents: the buyer’s bank releases the shipping documents only after payment.

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