Leatherette Prices in Asia Decline Amid Weakened Demand and Lower Consumer Spending
Leatherette Prices in Asia Decline Amid Weakened Demand and Lower Consumer Spending

Leatherette Prices in Asia Decline Amid Weakened Demand and Lower Consumer Spending

  • 14-May-2025 5:00 PM
  • Journalist: Li Hua

In the asian market, Leatherette price witnessed a notable decline in Apil 2025 marked by the decrease in the demand from the downstream market. Lower overseas market demand coupled with the subdued regional Automotive sector performance and the lower consumer actions hammered the demand for...

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

Leatherette Prices in Asia Decline Amid Weakened Demand
  • 14-May-2025 5:00 PM
  • Journalist: Li Hua
Australian Startup Alt Leather Pioneers Sustainable Plant Based Leather from Recycled
  • 08-Apr-2025 11:45 PM
  • Journalist: Xiang Hong
Wendel Mulls 2 1 Billion Deal to Sell Chemical Giant Stahl
  • 26-Nov-2024 11:07 PM
  • Journalist: Francis Stokes
Leatherette Prices Decline Amidst Sluggish Demand and Favorable Feedstock Price
  • 09-Oct-2024 11:00 PM
  • Journalist: Gabreilla Figueroa

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.