US n-butanol prices weakened throughout June as the market remained under sustained bearish pressure, supported by balanced supply conditions and soft upstream cost trends. Trading activity stayed orderly, with buyers maintaining steady but cautious procurement across major industrial applications, including coatings, solvents, adhesives, and specialty chemicals. Despite consistent downstream demand, purchasing remained largely need-based, limiting any meaningful price recovery. Stable production levels, adequate inventories, and the absence of major plant shutdowns ensured sufficient product availability throughout the month. Soft propylene feedstock prices continued to provide limited cost support, allowing producers to maintain competitive offers. Weekly price movements remained relatively stable for most of June before a sharper decline emerged at the beginning of July, reflecting continued market caution rather than any supply disruption. Looking ahead, the n-butanol market is expected to remain stable to slightly weak, with balanced fundamentals, subdued feedstock costs, and cautious industrial demand likely to keep prices under pressure in the near term.
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.
