Global Valsartan Prices Plunge Amid Weak Demand and Year-End Inventory Clearances
Global Valsartan Prices Plunge Amid Weak Demand and Year-End Inventory Clearances

Global Valsartan Prices Plunge Amid Weak Demand and Year-End Inventory Clearances

  • 07-Jan-2025 3:45 PM
  • Journalist: Sasha Fernandes

In December, the global market experienced a notable decline in Valsartan prices, extending the downward trajectory from November. This trend was primarily fueled by weak demand from end-user pharmaceutical and healthcare industries, coupled with an ample supply in the market. Additionally, the price drop was intensified by year-end...

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

Valsartan Prices Plunge Amid Weak Demand and Year End Inventory Clearances
  • 07-Jan-2025 3:45 PM
  • Journalist: Sasha Fernandes
Valsartan Prices Surge as Supply Chain Woes and Rising Demand Drive Up Costs
  • 13-Nov-2024 5:15 PM
  • Journalist: S. Jayavikraman
German Valsartan Market Surges Supply Chain Woes Fuel Price Spike
  • 29-Aug-2024 3:27 PM
  • Journalist: Nina Jiang
Surging Valsartan Prices Global Market Challenges and High Demand Impact
  • 14-Jun-2024 4:34 PM
  • Journalist: Sasha Fernandes