Magnesium Hydroxide prices in the Indonesian market rose sharply during the first half of July 2025, continuing the upward trend from June, which saw a 5.55% monthly increase. The surge was driven by higher import costs from key exporters like India, elevated freight rates, and consistent demand from the pharmaceutical and healthcare sectors. Market experts anticipate further price increases in the second half of July amid strong buying interest and tight supply conditions.
Magnesium Hydroxide prices in Indonesia market rose notably in the first half of July 2025 after a strong upward momentum in June. The price increase was mainly due to firm international prices, high freight charges and consistent domestic demand from key downstream industries as the...
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.
