US hydroquinone markets moved higher through April as a feedstock shock tightened margins and prompted restocking. Early phenol tightness squeezed producers’ margins, with sellers testing higher levels while keeping shipments regular. Domestic photographic processors replenished stocks ahead of the summer season, while inquiries into Canada, Mexico and Germany absorbed volumes. Gulf Coast logistics remained fluid and Houston terminal inventories were balanced, leaving the market more sensitive to feedstock swings than distribution constraints as April closed. Demand patterns underpinned the upturn: photographic-grade replenishment persisted, cosmetics and OTC formulators maintained moderate pull-through for skin-lightening products, and industrial demand from polymers and coatings held steady with outbound flows to markets. Import share of US requirements was significant, helping exporters pass through higher costs without triggering inventory buildups. Supply dynamics were dominated by phenol strength; one Texas line trimmed spot availability, supporting higher offers. Near-term strength is expected, with May higher, followed by a softer June–July and smaller gains into late summer barring 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.
