In December 2025, the U.S. Polyethylene Glycol (PEG) prices were stable with steady supply availability in upstream ethylene oxide (EO) and stable demand in downstream from pharmaceuticals, personal care, and industrial usages. Instead, the market was a continuation of the lack thereof, with imports from Europe and Asia arriving with regularity and little domestic production. Spot prices of EO increased by 1.41% at maximum places but did not cause any direct cost-push pressure on PEG. Broader EU-level talks on the competitiveness of the chemical industry and energy affordability provided the background to sentiment with no sudden changes in market tone. Overall, the outlook for the PEG month ended neutral with a stable trend among North America especially U.S.
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.
