Supply/demand disruption oscillates the Water-Soluble Fertilizers market in Jan 2024

Supply/demand disruption oscillates the Water-Soluble Fertilizers market in Jan 2024

Robert Hume 13-Feb-2024

Water-Soluble Fertilizers market witnessed several discrepancies in Jan 2024 which were defined by market purchasing activities, inventory level and consumption of commodities from the downstream Agrochemical enterprises. In China, the price trend for Water-Soluble Fertilizers witnessed a growth in the wake of limited availability and rise in...

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.

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