The U.S. market for acrylamide has shown some reprieve in terms of price in November, with the demand being steady due to the use of acrylamide for water treatment, enhanced oil recovery, and the production of paper. As of August, U.S. imports of acrylic amides totalled almost 75,000 metric tonnes. The highest month was 10,829 metric tonnes, and the lowest was 7,738 metric tonnes. The main source of acrylamide in the U.S. during this time continues to be China, even though there have been complications relative to tariffs. The current tariff rates are about 47.5% for the U.S. and 31.9% for the retaliatory tariffs imposed by China. The U.S. is also enjoying a temporary "truce" with China on trade; this, combined with the reduction of freight costs (12-13%) from Shanghai to Los Angeles, has resulted in a decrease in total delivered costs of acrylamide. Economic indicators, such as the total output of the oil and gas industry, construction spending, and total output of the paper industry, indicate a continued resilient demand for acrylamide in the U.S.
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.
