The international Diisopropyl Ether (DIPE) market showed mixed trends in early June. US prices declined due to weak European demand, China’s market stayed stable supported by ASEAN and Tesla initiatives, while India experienced slight growth driven by steady automotive paint use and imports.
• United States: Strategic Moves During Price Plunge
In America, DIPE prices started the month on a firm note at USD 2025/MT with support from well-balanced supply chains, consistent export operations, and moderate demand from industries like healthcare and agrochemicals. But by the second...
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.
