US Benzene Prices Maintain Momentum Amidst Global Market Shifts and Economic Factors
US Benzene Prices Maintain Momentum Amidst Global Market Shifts and Economic Factors

US Benzene Prices Maintain Momentum Amidst Global Market Shifts and Economic Factors

  • 28-Mar-2024 2:19 PM
  • Journalist: Rene Swann

Louisiana (US): Benzene prices in the US market continued to showcase slight continuous momentum from the previous week, following several notable increases. Recent weeks have seen significant price hikes driven by higher demand from industries using styrene, phenol, and other solvents, along with increasing Benzene...

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

BioBond and Purdue Innovates Join Forces to Revolutionize Sustainable Packaging
  • 29-Apr-2025 11:00 PM
  • Journalist: Emilia Jackson
US Benzene Market Turns Positive in Concluding April High Production Costs
  • 29-Apr-2025 9:45 PM
  • Journalist: Stella Fernandes
US Benzene Prices Maintain Momentum Amidst Global Market Shifts and Economic
  • 28-Mar-2024 2:19 PM
  • Journalist: Rene Swann
European Benzene Prices Turn Bearish Amidst Steady Demand
  • 10-Apr-2024 4:09 PM
  • Journalist: Rene Swann

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.