The global pet coke market started November 2025 with a counterbalancing theme—a market that is divided, yet balanced, at an industrial level. In Europe, the market remained stable as operational refinery activity continued to flow free and supply levels were comfortable, balancing low demand and higher costs for environmental compliance. The UK and Rotterdam hub-maintained stability on the refinery throughput side and the cement sector remained active. In Asia, the region exhibited strength to start the month, driven by strong consumption from the cement sector, along with the anode and electrode industries, and tightening feedstock availability for refinery outages. The region remained supported by active trade flows and steady industrial calloff rates in China and South Korea. While Europe’s pet coke activity continues to demonstrate balance and caution, Asia appears to be building consistent momentum, powered by supply interruptions and economic industrial advancement. Overall, the global pet coke market enters November with stability in the West and overall strength in the East.
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.
