US Acrylonitrile values advanced through March, fueled by tighter upstream feedstocks and leaner finished-goods inventories. Domestic-oriented supply and firmer downstream activity in key sectors left little room for softening, with spot negotiations accelerating as buyers positioned for further tightening later in the month. Demand trends supported the rally: stronger automotive production and a rebound in electronics stimulated derivative pull, while polymer substitution and recycled-packaging trends offered only partial offsets. The market environment favored higher spot levels, reflecting cost-push pressures from constrained propylene and other feedstock tightness. Despite some supply resilience, US plants continued to cover most Acrylonitrile domestic requirements, while disruptions trimmed regional output. Looking ahead, the near-term outlook remains firm-to-upward, underpinned by lower inventories, and leaner finished-goods stocks, though substitution and recycling dynamics could cap upside.
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.
