The Titanium Dioxide market concluded the second half of October 2025 on an even, yet dissimilar, note across the primary regions considered. The U.S. continued to be the stabilizing force; the demand from coatings, automotive, and construction industries remained steady, and production and supply chain flowed without interruptions. Japan and Europe have continued to show a mild level of softness, as any cautious buying and balanced inventories have muted sentiment in both regions. India’s Titanium Dioxide was a different story, as it retained its bullish momentum from the previous week, as tightening supply and solid fundamentals cemented new industrial demand. Despite the regional observations noted, the global Titanium Dioxide market continues to be calm, with appropriate procurement and moderate consumption, and limited volatility. We expect November to be characterized as a period of stability, led by the U.S. region, while overall dynamics globally continue to fuel cautious optimism in the pigment market.
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.
