Towards the end of the third quarter of 2025, the Acrylonitrile market showcased stability in the European market, and quotations remained unchanged by regional suppliers. It was due to the equilibrium maintained between the regional demand-supply dynamics. The Acrylonitrile production rates were moderate due to constrained supplies of feedstock Ammonia to produce the product. However, stable availability of feedstock Propylene supplies helped in maintaining the output levels in the regional manufacturing units. On the demand side, consistent activity in the automotive and construction sectors sustained industrial consumption. This equilibrium between supply limitations and stable end-use demand contributed to price stability. Nevertheless, Acrylonitrile prices are expected to rise with the beginning of the final quarter of 2025, as early negotiations for Q4 contracts could enable suppliers to maintain firm pricing levels to improve their profit margins. At the same time, the rise in input costs in winter would raise the production costs, and production rates may remain limited, which could affect product availability in the regional market.
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.
