In the US, Aniline import prices remained stable in the early weeks of January 2026 as supply and demand were balanced in the market. Producers kept output stable thanks to enough benzene supply, though higher costs continued to squeeze margins. However, the pace of imports slackened as buyers were carrying ample inventories, end-user demand remained cautious, and policy uncertainty dampened new orders. Transpacific trade was also depressed as carriers trimmed capacity in response to delayed restocking by retailers and manufacturers. Quiet but firm demand continued, with downstream consumption steady, as demand was primarily driven by continued consumption of Aniline for MDI production. The car industry was still sluggish, with slow post-holiday production and fewer EV sales, which were not conducive to a great demand for polyurethane parts. Residential and commercial activity was held back by high financing costs, but large industrial and infrastructure projects bolstered construction demand. Looking forward, a mild decline in Aniline prices is expected in the next few weeks because of weak winter demand, high stocks, and smooth logistics.
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.
