Rising US Toluene Diisocyanate Prices Driven by Supply Shortages and Steady Demand
Rising US Toluene Diisocyanate Prices Driven by Supply Shortages and Steady Demand

Rising US Toluene Diisocyanate Prices Driven by Supply Shortages and Steady Demand

  • 30-Aug-2024 6:42 PM
  • Journalist: Francis Stokes

In the USA, the market players raised Toluene Diisocyanate quotations by 3.6% during August 2024. The demand for Toluene Diisocyanate to produce polyurethane foam and resin was steady from buyers, while supply availability was inadequate in the market due to shipment delays. The orders for Toluene Diisocyanate...

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

BASF Surges TDI Price in Asia Impact on International Market in 2025
  • 21-Jan-2025 4:30 PM
  • Journalist: Robert Hume
US Toluene Diisocyanate prices decline amid weak demand from Polyurethane segment
  • 15-Nov-2024 9:00 PM
  • Journalist: Thomas Jefferson
Europe Toluene Diisocyanate Market Faces Headwinds as Construction Sector
  • 17-Oct-2024 10:00 PM
  • Journalist: Peter Schmidt
Declining Toluene Diisocyanate Prices in Europe Amid Insufficient Demand
  • 27-Sep-2024 6:07 PM
  • Journalist: Jai Sen