Global Polyurethane Resin Market Set to Expand Amid Escalating Costs and Seasonal Influences
Global Polyurethane Resin Market Set to Expand Amid Escalating Costs and Seasonal Influences

Global Polyurethane Resin Market Set to Expand Amid Escalating Costs and Seasonal Influences

  • 04-Feb-2025 6:30 PM
  • Journalist: Philip Freneau

The global Polyurethane Resin market is expected to see a rise in February 2025, driven by price hikes from major manufacturers in Europe and Asia. In North America, rising transportation costs continue to impact production expenses, while supply conditions remain uncertain, with unclear demand directions reported by 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.

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