Global demand for Potassium Tetrachloroplatinate surged in June 2025, driven by its critical role in pharmaceuticals, cosmetics, electronics, and biodiesel production. Prices rose across key markets like Shanghai, Los Angeles, and Hamburg due to tight supply, rising platinum costs, and ongoing logistics challenges. Downstream industries are facing margin pressures, prompting the need for strategic sourcing and real-time market intelligence to manage volatility and ensure competitiveness.
Global demand for specialty chemicals is on the rise, and Potassium Tetrachloroplatinate is taking a stance in this dynamic landscape. As industries worldwide accelerate their shift toward sustainability, advanced manufacturing, and biofuel innovation, Potassium Tetrachloroplatinate’s strategic significance has never been greater. This compound’s price trajectory...
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.
