The United States Poly Methyl Methacrylate (PMMA) market continued to be weak through the end of January 2026 with a lot of buyers being hesitant and supply levels being balanced. Demand for PMMA in construction, automotive, signage and consumer markets has been relatively stable, however it did not show any signs of increasing demand (momentum) and mainly showed up on a ' as needed' basis from the perspective of procurement buyers. Producers have generally continued to operate at regular rates thereby providing an adequate amount of PMMA for all customers while also avoiding any potential disruptions to supply at the present time. Upstream conditions have remained supportive with additional downward pressure on prices due to weaker raw material markets causing no increase in market confidence for PMMA manufacturers. For the most part, the market has shown a neutral outlook where most market participants are waiting to see the downstream demand signal develop for more clarity in their purchasing activity.
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.
