India's colloidal silicon dioxide market remained under downward pressure during the last week of June 2026 due to weak downstream demand, ample import availability, and comfortable inventories. Pharmaceutical manufacturers, the largest consumers, limited purchases to immediate needs after earlier stockpiling, while distributors adopted cautious procurement strategies. Although demand from electronics, semiconductors, and food processing remained steady, it was insufficient to offset weakness in the pharmaceutical sector. Stable sodium silicate supply and uninterrupted imports from China maintained ample availability, encouraging competitive pricing.
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.
