Pentaerythritol (PENT) market in Europe witnessed an upward trend in prices during the early half of January 2026, on the back of increasing production costs and stable demand from major application industries. Underlying demand from the maintenance of the paints and coatings division was solid, and early orders from certain industrial applications also raised consumption, though decorative coatings remained weak due to slow building activity. Strong demand from the cosmetics & personal care segment is supported, backed by steady production and increasingly clean, high-purity solutions. Growth was also seen in the use of lubricants, adhesives, and plasticizers. On the supply side, producers held firm but had to contend with higher energy costs, while the pace of export activity picked up only gradually on account of a cautious manufacturing outlook. For the future, prices hold the potential to increase further on the back of higher restocking demand in line with seasonality, high feedstock and energy costs, low plant operating rates, and a gradually tightening global supply caused by weak Asian exports.
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.
