In November 2025, Acetaldehyde prices in Europe showcased a downward trend, especially in the second half of the month. Prices remained stable at first due to a balance between demand and supply. However, strong inventory levels and weaker demand after the seasonal peak pushed prices lower later in the month. Production in Asia stayed steady, backed by consistent supplies of ethylene and ethanol. Exports to Europe continued without issues. Imports from Asia remained strong, even with uneven global trade. Shipping demand on Asia to Europe routes grew, while transpacific flows weakened. However, Europe’s demand for food-grade Acetaldehyde slowed as food and beverage companies cut back on imports ahead of the year-end. Specialty chemical users also reduced their purchases. The buildup of inventory further lowered the need for new buying. Looking ahead, prices are expected to drop further as demand stays weak, supply from Asia remains steady, and stable feedstock costs prevent any increase in prices.
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.
