During the second half of January 2026, Sulphuric Acid prices firmed up with multiple increases, advancing the uptrend streak for several weeks. Following a brief period of stability, market rhythm gathered pace supported by tight Sulphuric Acid supply-demand, stable smelter production without accumulation of stocks nor disruption of logistics. Sellers lifted FOB offers as there were signs of weakening in the supply or demand sides. Even if China’s just announced export quota for January–April may add some more domestic volumes into the mix.
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.
