US Magnesium Sulphate price surge amid slump in Chinese Exports
US Magnesium Sulphate price surge amid slump in Chinese Exports

US Magnesium Sulphate price surge amid slump in Chinese Exports

  • 09-May-2024 2:34 PM
  • Journalist: Gabreilla Figueroa

The price trend for Magnesium Sulphate displayed bullish movement in the USA as import quotations rose noticeably by 12.6% in April 2024. The export rates from major exporter China experienced a decline, and supplies remained tight from Asian exporters. The key Magnesium Sulphate manufacturers in China, such as...

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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