The US Market Continues to Witness Steadiness in the Toluene Prices
The US Market Continues to Witness Steadiness in the Toluene Prices

The US Market Continues to Witness Steadiness in the Toluene Prices

  • 07-Mar-2024 4:47 PM
  • Journalist: S. Jayavikraman

Louisiana (USA): The Toluene prices in the North American region witnessed stability amidst the continuous rise in the WTI crude oil and naphtha prices in the regional market. Toluene manufacturers are working to balance the demand and supply of Toluene in the domestic market. The cost of producing...

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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