The naphthalene market finished October 2025 with ongoing pressure, which reflects another month of weak demand and hesitant sentiment globally. The market faced continual challenges of weak consumption across construction, coatings, and plasticiser industries, although feedstock was available and production was stable. Seasonal lags, tariffs, and growing substitution to alternative additives also dampened globally trading activity and confidence. The United States and Mexico saw significant weakness stemming from sluggish construction and bad weather, while Asia remained stable due to steady production and exports. In India, modest resumption of activity following post-monsoon offered only limited respite in the growing shift toward substitutes. Overall, the naphthalene market is still suffering from oversupply and weak downstream demand, indicating a global rebound is likely still some way off. As November kicks off, observers are anticipating further challenges unless new activity returns momentum in the sluggish naphthalene market, related to infrastructure or new export demand.
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.
