Despite Demand and Supply Uncertainties, Global VAE RD Powder Prices Maintain Stability
Despite Demand and Supply Uncertainties, Global VAE RD Powder Prices Maintain Stability

Despite Demand and Supply Uncertainties, Global VAE RD Powder Prices Maintain Stability

  • 06-Sep-2024 2:39 PM
  • Journalist: Jacob Kutchner

In August, VAE Redispersible Powder (VAE RD Powder) prices remained stable across the global market, with no significant price changes observed in the US and Europe. Despite this stability, bearish demand from downstream industries, particularly the construction sector, persisted. In the US, the housing sector saw...

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 and Europe See Stable VAE Redispersible Powder Prices Despite Market
  • 09-Dec-2024 5:00 PM
  • Journalist: Shiba Teramoto
Despite Demand and Supply Uncertainties Global VAE RD Powder Prices Maintain
  • 06-Sep-2024 2:39 PM
  • Journalist: Jacob Kutchner
VAE Redispersible Powder Prices Decline in USA and Europe
  • 11-Jun-2024 6:02 PM
  • Journalist: Peter Schmidt
VAE Redispersible Powder Prices Surge in March 2024 Amid Supply Hurdles
  • 10-Apr-2024 3:37 PM
  • Journalist: Jai Sen