Supply Chain Disruptions Cause Significant MDI Price Swings in the US
Supply Chain Disruptions Cause Significant MDI Price Swings in the US

Supply Chain Disruptions Cause Significant MDI Price Swings in the US

  • 02-Jul-2024 5:47 PM
  • Journalist: Jai Sen

The Methylene Diphenyl Diisocyanate (MDI) price trend oscillated in June 2024 amid fluctuations in demand-supply dynamics. In the first half of June 2024, the persistent decline in consumption of Polyurethane materials in the construction sector kept the MDI orders low from Polyurethane manufacturers, and producers decreased their quotations...

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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