Aniline import prices fell in the North American market towards the end of Q3 amid firm availability of supplies and stable demand from the domestic buyers. The production rates were firm, attributed to the consistent availability of feedstock Benzene. Meanwhile, supply rates were stable in China, a key Asian producer and exporter, amid shifts in trade policy and sourcing strategies on the Asia–US route, which led to reduced shipments from traditional hubs, adding pressure to supply chains. At the same time, stable consumption of MDI-based rigid polyurethane foams, insulation boards, and structural adhesives from the automotive and construction sectors kept the Aniline demand consistent in the market despite tariff-related cost pressures. Nevertheless, in the coming weeks, price increases are expected amid pre-winter stocking from MDI industries to manufacture PU-based furniture foams and insulation materials. Additionally, import costs will rise due to an increase in logistical costs ahead of colder months.
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.
