In September 2025, DNCB prices in India fell by 9.3%, led by lower costs of feedstock and a change in regulation. Lower prices of Benzene and Nitrobenzene impacted production costs of DNCB and a decrease in GST to 5% for industrial intermediates affected selling prices. The demand for DNCB declined because of a decline in orders of exports partly due to the stiff increases in tariffs imposed by the US on Indian imports. Despite a slowdown in manufacturing, elevated production from Gujarat and Maharashtra led to high inventory levels, prompting suppliers to offer discounts to clear excess stock. The demand for DNCB declined as the markets were well catered to in respect of stocks. Domestic demand remained stable, supported by pharmaceutical and agrochemical sectors, but export uncertainties loom. With high inventories and trade barriers persisting, DNCB prices face cautious prospects. Producers are exploring derivatives to offset risks, but market stability depends on resolving global trade issues, highlighting the complex interplay of policy, supply, and demand.
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.
