Brazil's Ethanol Market Faces Challenges and Price Surge Amid Severe Flooding
29-May-2024 3:22 PM
Journalist: Robert Hume
Santos (Brazil): In the week starting May 3rd, severe flooding in Rio Grande do Sul disrupted Brazil's Ethanol market. The floods blocked crucial transportation routes, impeding the delivery of biofuels to retail hubs. In response, Brazil's oil regulator ANP temporarily reduced the mandatory Ethanol and biodiesel blend in...
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.