US Lithium Hexafluorophosphate Prices See December Slump, Eyes Recovery in Q1 2024
US Lithium Hexafluorophosphate Prices See December Slump, Eyes Recovery in Q1 2024

US Lithium Hexafluorophosphate Prices See December Slump, Eyes Recovery in Q1 2024

  • 03-Jan-2024 3:10 PM
  • Journalist: Robert Hume

Texas, USA: The US lithium hexafluorophosphate market exhibited a bearish trend in December 2023 as prices tumbled throughout the month due to poor demand from downstream cathode active materials (CAM) manufacturers. In addition to this, US cathode manufacturing firms experienced declining production costs of lithium hexafluorophosphate...

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

Stardust Power Breaks Ground on 1 2 Billion Lithium Refinery in Oklahoma
  • 24-Jan-2025 4:15 PM
  • Journalist: Motoki Sasaki
US Lithium Hexafluorophosphate Prices See December Slump Eyes Recovery in Q1 2024
  • 03-Jan-2024 3:10 PM
  • Journalist: Robert Hume
UK to Secure Critical Minerals Partnership with Saudi Arabia
  • 14-Jan-2025 7:45 PM
  • Journalist: Alexander Pushkin
Namibia Investigates China Xinfeng for Alleged Illegal Lithium Mining in Erongo Region
  • 19-Dec-2024 8:30 PM
  • Journalist: Rene Swann