Declining Demand for Erucic Acid in Europe Amid Advancements in Safety Testing
Declining Demand for Erucic Acid in Europe Amid Advancements in Safety Testing

Declining Demand for Erucic Acid in Europe Amid Advancements in Safety Testing

  • 12-Dec-2024 7:30 PM
  • Journalist: Ivan Turgenev

In November 2024, the Erucic Acid market saw a slight dip in prices, primarily driven by a reduction in both demand and consumption across the European region. This decrease in market activity was compounded by a decline in production costs, which further applied downward pressure on Erucic Acid...

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

Erucic Acid Consumption Grows While Production Faces Feedstock Shortage
  • 06-Feb-2025 5:00 PM
  • Journalist: Phoebe Cary
Declining Demand for Erucic Acid in Europe Amid Advancements in Safety Testing
  • 12-Dec-2024 7:30 PM
  • Journalist: Ivan Turgenev
Erucic Acid Prices Rise in Europe Amidst Reduced Production and Firm Offtakes
  • 14-Jun-2024 6:35 PM
  • Journalist: Harold Finch
Erucic Acid prices increase in Europe amidst strong demand outpacing supply
  • 13-May-2024 2:31 PM
  • Journalist: Jung Hoon

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.