Propionic Acid Prices Show Improvement Amid High Feedstock and Strong Downstream Demand in US
Propionic Acid Prices Show Improvement Amid High Feedstock and Strong Downstream Demand in US

Propionic Acid Prices Show Improvement Amid High Feedstock and Strong Downstream Demand in US

  • 26-Mar-2024 3:59 PM
  • Journalist: Sasha Fernandes

Louisiana (USA): In February 2024, the price of Propionic Acid in the domestic US market continued its upward trajectory, driven by multiple factors. The surge in feedstock ethylene prices, stemming from the shutdown of several global plants, played a significant role. Additionally, heightened demand in downstream food industries...

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

Propionic Acid Prices Show Improvement Amid High Feedstock and Strong Downstream
  • 26-Mar-2024 3:59 PM
  • Journalist: Sasha Fernandes
Propionic Acid Prices Surge in China Amid Global Supply Disruptions and Demand Boost
  • 21-Mar-2024 5:34 PM
  • Journalist: Jacob Kutchner
US Propionic Acid Prices Drop as FDA Proposal Sparks Industry Shift
  • 12-Jan-2024 4:34 PM
  • Journalist: Bob Duffler
Propionic Acid Prices Flow in Contrast Across North America and China
  • 26-Sep-2024 4:43 PM
  • Journalist: Rene Swann