The Polyol Prices in the USA Surges amidst Strong Demand Support
The Polyol Prices in the USA Surges amidst Strong Demand Support

The Polyol Prices in the USA Surges amidst Strong Demand Support

  • 01-Aug-2024 3:54 PM
  • Journalist: Jung Hoon

The Polyol price trend showcased upward movement at the beginning of Q3 of 2024, and producers raised their quotations by almost 1% during the month amid positive demand outlooks. The demand for Polyol remained steady in the downstream polyurethane segment due to consistent consumption of materials...

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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The Polyol Prices in the USA Surges amidst Strong Demand Support
  • 01-Aug-2024 3:54 PM
  • Journalist: Jung Hoon