Benzene Prices Jump in the US Catapulted by the Limited Supply
Benzene Prices Jump in the US Catapulted by the Limited Supply

Benzene Prices Jump in the US Catapulted by the Limited Supply

  • 20-Feb-2024 5:56 PM
  • Journalist: Harold Finch

Houston (USA)- The Benzene prices in the US market witnessed a push in mid-February 2024 as the supply chain remained tight, accompanied by an increased demand outlook from the aromatics and other petrochemical-producing and manufacturing units. Petrochemical production in the US and China has surged, raising concerns that...

Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility. Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.

Related News

As the Trade Tension Rises with China US Benzene Prices Decline in March
  • 09-Apr-2025 11:45 AM
  • Journalist: Jung Hoon
Kuraray Acquires Nelumbo to Drive Global Growth and Expand Technology Portfolio
  • 03-Apr-2025 7:15 PM
  • Journalist: Royall Tyler
Lummus Launches Demonstration Facility for PFAS Elimination
  • 02-Apr-2025 9:30 PM
  • Journalist: Phoebe Cary
Popular Acne Products Recalled Over Benzene Contamination FDA Assures
  • 21-Mar-2025 11:15 PM
  • Journalist: Patrick Knight

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.