Longer Transit Times and Rising Freight Costs Impact European SBR Prices
Longer Transit Times and Rising Freight Costs Impact European SBR Prices

Longer Transit Times and Rising Freight Costs Impact European SBR Prices

  • 21-Mar-2024 3:33 PM
  • Journalist: Rene Swann

Wuppertal (Germany): SBR prices in the European region have remained stable despite slight fluctuations since the beginning of 2024. These prices have been notably influenced by longer transit times and higher freight charges in the regional market, as well as the reopening of the Asian market after...

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

Downstream Demand Holds Key for US SBR Prices Amidst Long Supply
  • 01-Jul-2024 4:25 PM
  • Journalist: Kim Chul Son
European SBR Prices on the Rise Amid Supply Chain Disruptions
  • 21-Jun-2024 5:26 PM
  • Journalist: Yage Kwon
U.S. SBR Prices Stable Amid Moderate Demand and Tight Supply
  • 11-Jun-2024 4:50 PM
  • Journalist: Patricia Jose Perez
Stable SBR Prices Persist in Asian Market Amid Steady Demand and Strategic Shifts
  • 30-May-2024 3:33 PM
  • Journalist: Sasha Fernandes