Melamine Prices Decline in China Amidst Sluggish Demand
Melamine Prices Decline in China Amidst Sluggish Demand

Melamine Prices Decline in China Amidst Sluggish Demand

  • 15-Mar-2024 5:39 PM
  • Journalist: Nina Jiang

Shanghai (China): Throughout February 2024, the Chinese Melamine market experienced a prolonged period of sluggishness, predominantly influenced by diminished demand from downstream laminate and other end-use sectors. The price of urea, a crucial raw material for Melamine production, also saw a decline owing to tepid demand from downstream...

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

Persistent Melamine Price Drop Amidst Low Demand and High Supply
  • 30-May-2024 3:43 PM
  • Journalist: Sasha Fernandes
Sluggish Demand Downs Melamine Prices in China
  • 06-May-2024 3:07 PM
  • Journalist: Rene Swann
Melamine Prices Continue to Rise in USA Amidst High Demand
  • 19-Mar-2024 4:56 PM
  • Journalist: Nicholas Seifield
Melamine Prices Decline in China Amidst Sluggish Demand
  • 15-Mar-2024 5:39 PM
  • Journalist: Nina Jiang