Butyl acrylate prices recorded extraordinary weekly advances across major global markets during the week of March 20, 2026, driven by the ongoing Middle East conflict's devastating impact on petrochemical supply chains. The Strait of Hormuz blockade simultaneously eliminated key acrylic acid and n-butanol feedstock supply from the region, while Brent crude sustained levels above USD 107 per barrel, inflating production costs across all origins. China, India, Saudi Arabia, the USA, and Germany all registered significant weekly price gains, compounded by BASF's sweeping price increase announcements, EU anti-dumping investigations, and Brazil's antidumping review — collectively fracturing global butyl acrylate trade flows and sustaining extraordinary market-wide price pressure.
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.
