Acetonitrile markets in the US moved higher into mid-March as steady domestic demand from pharmaceutical and laboratory sectors mixed with firmer export interest, narrowing near-term downside risks. Early March buying held volumes steady, while mid-month replenishment from Asia and South America supported confidence. Rising freight and feedstock costs trimmed margins, though Gulf Coast supply remained uninterrupted, keeping the market broadly balanced between ample co-product output and buyers rebuilding inventories ahead of spring activity. Sectoral demand patterns shaped pricing: domestic pharma and lab demand for synthesis and specialty intermediates remained a stable base for spot and contract flows; industrial grade demand softened for some manufacturers amid tariff-driven sourcing disruptions. Export demand remained firm, supporting sentiment for pharma grade. Upstream dynamics, including feedstock cost increases, pressured margins. By the week ending mid-March, the market showed a clear uptrend, while the near-term outlook remains mixed with potential for modest declines and gains as spring restocking proceeds. Monitor feedstock, freight, and export inquiry trends.
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.
