US Lithium Carbonate Prices Rise in May 2024 Slightly Amid Stable Demand
US Lithium Carbonate Prices Rise in May 2024 Slightly Amid Stable Demand

US Lithium Carbonate Prices Rise in May 2024 Slightly Amid Stable Demand

  • 29-May-2024 3:38 PM
  • Journalist: Jacob Kutchner

Texas (USA): The US Lithium Carbonate prices have held steady throughout May, with a recent assessment noting a marginal increase. In the initial two weeks, Lithium Carbonate prices remained unchanged in the US domestic market due to a lack of significant market developments. Over the past...

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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