US Meth Acrylic Acid Prices Surge Amid Rising Demand and Supply Chain Constraints in Q2
22-Jul-2024 5:56 PM
Journalist: Patricia Jose Perez
USGC (USA): At the end of Q2, heightened demand in the construction and automotive sectors, coupled with supply chain constraints and rising raw material costs, drove Meth Acrylic Acid (MAA) prices in the USA higher. The June warmer weather spurred activities in these sectors, leading to increased demand...
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.