Germany's Calcium Carbonate Prices Hold Steady Amid Construction Slump and Economic Challenges
Germany's Calcium Carbonate Prices Hold Steady Amid Construction Slump and Economic Challenges

Germany's Calcium Carbonate Prices Hold Steady Amid Construction Slump and Economic Challenges

  • 12-Jun-2024 4:26 PM
  • Journalist: Yage Kwon

Hamburg (Germany): During the first week of June 2024, Germany's Calcium Carbonate market demonstrated stable pricing trends amidst broader economic challenges. The price of industrial-grade Calcium Carbonate remained at USD 305 per metric ton (MT) CFR Hamburg, showing a marginal decline. This stability was driven by balanced supply...

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

Calcium Carbonate Prices Sustain Stability as Europe Construction Sector
  • 23-Jan-2025 6:30 PM
  • Journalist: Gabreilla Figueroa
Netherlands Calcium Carbonate Prices Enters August with a Slight Dip
  • 09-Aug-2024 8:39 PM
  • Journalist: Bob Duffler
Germany Calcium Carbonate Prices Hold Steady Amid Construction Slump
  • 12-Jun-2024 4:26 PM
  • Journalist: Yage Kwon
Calcium Carbonate Prices Set to Improve in Europe and USA Amidst Demand
  • 15-Jan-2024 4:41 PM
  • Journalist: Jai Sen