Tri Calcium Phosphate markets were newly stable through September 2025, with prices higher, driven by supply disruptions due to logistical delays in China and ongoing U.S. import demand from animal feed and pharmaceutical companies. The main supply risks stemmed from Super Typhoon Ragasa impact on coastal ports and the heightening of delays during the holiday of Golden Week, both of which limited Tri Calcium Phosphate availability. In terms of demand, strong livestock recovery and food fortification continued to increase their uptake of feed products; however, uncertainty surrounding U.S. tariffs to import Tri Calcium Phosphate into the U.S. has caused companies to stockpile. The weaker domestic consumption in China, evident given the manufacturing indexes was at 51.2, suggests substantial export reliance, while input cost inflation due to weather-related raw material shortages supported the price floor for Tri Calcium Phosphate. All these factors lead us to forecast steady gains for the Tri Calcium Phosphate market, with steady upward growth in the near-term absent escalation of trade tensions.
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.
