US 2-Ethylhexyl Acrylate (2-EHA) rallied in early May as market dynamics shifted from steady spring gains to a pronounced upturn. Seasonal construction activity underpinned durable demand across coatings, adhesives and packaging, keeping consumption robust. Ongoing tightness on the US Gulf Coast and persistent feedstock cost pressure elevated sentiment and prompted more urgent buying in the near term. End-use demand remained the primary driver, with coatings and general 2-EHA consumption remaining solid and adhesive and packaging buyers booking sustained volumes. Supply pressures intensified production economics, as increases in feedstocks added cost burdens, while normalizing supply from stabilizing but expensive sources provided only limited margin relief. Higher energy and processing costs in the Gulf Coast further tightened net available supply. Weekly assessment signals pointed to continued gains into early May rather than a plateau. Looking ahead, the market is seen as stable to firmer, supported by lingering feedstock inflation and steady downstream demand, with episodic volatility possible amid supply disruptions.
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.
