European Tertiary Butyl Alcohol Prices Face Turbulence: Supply Chain Disruptions and Stagnant Demand Impact Prices
05-Feb-2024 2:32 PM
Journalist: Harold Finch
Hamburg, Germany: The German Tertiary Butyl Alcohol market demonstrated a slight uptick in January 2024 due to increased manufacturing costs. Imports of upstream raw materials of Tertiary Butyl Alcohol from the US and Asian markets faced delays in German ports, affected by disruptions in the Red Sea and...
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.