Cyanoacrylate prices in India strengthened during May due to steady import demand from adhesives, automotive, and packaging sectors alongside firmer upstream costs and elevated freight expenses. Improved downstream procurement and inventory replenishment supported higher landed Cyanoacrylate offers, while stable operating rates among Chinese and South Korean producers reduced aggressive export discounting. Demand from packaging, adhesives, and electronics sectors remained stable, contributing to improved Cyanoacrylate restocking activity across major Indian markets. Supply conditions also remained balanced as stable feedstock availability supported production continuity, although logistics volatility and geopolitical risks continued to influence the Cyanoacrylate market outlook. Analysts expect the Cyanoacrylate market to remain stable to firm in June amid continued industrial demand and steady regional supply conditions.
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.
