Benzene Prices Plunge in Latin America Amidst Weakened Downstream Demand
Benzene Prices Plunge in Latin America Amidst Weakened Downstream Demand

Benzene Prices Plunge in Latin America Amidst Weakened Downstream Demand

  • 10-May-2024 3:18 PM
  • Journalist: Robert Hume

Santos (Brazil)- Benzene prices in the Brazilian market have continued to decline due to weak demand from end-use manufacturing units, including styrene, phenol, and other aromatics. Crude oil prices significantly influence downstream Benzene prices, as the production of aromatic naphtha (used in Benzene production) is closely linked to...

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

US Benzene Market Faces Price Hikes Amid Supply Uncertainty and Rising Costs
  • 21-Feb-2025 6:45 PM
  • Journalist: Jai Sen
Benzene Market Face Volatility Amid Geopolitical Tensions and Supply Chain
  • 13-Feb-2025 7:45 PM
  • Journalist: Patrick Knight
Catoosa County Georgia Takes Legal Action Against 3M EIDP Over PFAS
  • 11-Feb-2025 8:45 PM
  • Journalist: Li Hua
Rising Crude Prices Drive Asian Benzene Market Push Amid Global Uncertainty
  • 27-Jan-2025 7:00 PM
  • Journalist: Timothy Greene

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.