European Carbon Black Prices Continue to Remain Subdued as Uncertainty Persists in Early 2024
European Carbon Black Prices Continue to Remain Subdued as Uncertainty Persists in Early 2024

European Carbon Black Prices Continue to Remain Subdued as Uncertainty Persists in Early 2024

  • 17-Jan-2024 4:12 PM
  • Journalist: Harold Finch

Hamburg (Germany): The Carbon Black market continues to hover at lower levels in the early days of FY24, despite gains made in the last days of FY23, particularly in Europe, as the deadline for a complete ban on Russian rubber products approaches. Globally, the Carbon Black market...

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

Bain Capital 3 4 Billion Pharma Acquisition A Chemical Industry Catalyst in Japan
  • 07-Feb-2025 9:30 PM
  • Journalist: Robert Hume
Orion and Contec Forge Partnership to Drive Circular Economy with Tire Pyrolysis Oil
  • 07-Feb-2025 9:15 PM
  • Journalist: Yage Kwon
European Carbon Black Maintains Stability Q4 Outlook may Turn Bullish
  • 07-Nov-2024 12:30 AM
  • Journalist: Bob Duffler
European Carbon Black Prices Exhibit Bearish in September
  • 27-Sep-2024 2:58 PM
  • Journalist: Peter Schmidt

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.