US acetic acid prices strengthened during the first half of July as maintenance shutdowns at several domestic production facilities reduced spot availability and tightened supply conditions. After a relatively stable June, the market gained upward momentum as lower producer inventories, disciplined contract deliveries, and steady downstream demand supported firmer seller positions. Demand from vinyl acetate monomer, PTA/PET resin, packaging, coatings, and solvent applications remained consistent, helping maintain regular procurement activity. Although methanol feedstock costs remained stable and import availability continued, these factors were insufficient to offset the impact of reduced domestic supply. Earlier June conditions were more balanced, with comfortable inventories and steady production limiting price movement. Looking ahead, the acetic acid market is expected to remain supported in the second half of July as maintenance-related constraints persist. However, future price movements will depend on production recovery, import flows, downstream demand, and changes in raw material costs.
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.
