The market value of glycerine across major regions has observed a modest increase during the first week of November 2025. The price trend of the glycerine market has signalled the stability and resilience in the sector. The incremental rise was driven by consistent demand from key downstream sectors like pharmaceuticals, cosmetics and the food and beverage industries. The suppliers of glycerine have exercised strategic pricing. The buyers of glycerine have focused on careful inventory management and balanced the stock from previous production cycles with new outputs. The feedstock values of palm oil and crude oil have softened across several markets which limited the extent of price increase. The efficient production runs have kept the upward momentum controlled. The seasonal anticipation and shift in consumption patterns among end-users have also influenced market sentiment that encouraged a measured but steady rise in glycerine 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.
