US succinic acid CFR Texas values continued to move higher through May 2026 as tighter import availability, elevated upstream costs, and persistent Gulf Coast logistics friction kept landed replacement costs on an upward trajectory. Early May saw exporters maintain reduced spot allocations amid firm n Butanol markets, while mid month Mediterranean maintenance and ongoing Gulf Coast congestion extended delays and added demurrage pressure. Downstream buyers across biodegradable polymer and specialty chemical chains remained active, securing summer coverage and supporting firmer discussions. Overall, a supply constrained prompt market and steady procurement interest underpinned the month on month increase. Demand for succinic acid from biodegradable polymer and food contact additive manufacturers remained a key driver of CIF discussions in May. PBS resin producers kept healthy operating schedules to meet rising biodegradable packaging film needs, while food contact additive and phthalate free plasticiser manufacturers maintained compliance driven procurement. Looking ahead, the near term outlook for succinic acid remains mixed, with volatility tied to feedstock trends, import availability, and Gulf Coast logistics conditions.
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.
