Aniline prices in the United States moved higher during the first half of June 2026 as disciplined supplier pricing and steady downstream demand offset the impact of softer benzene costs. Demand remained concentrated in the polyurethane value chain, particularly for methylene diphenyl diisocyanate used in insulation and flexible foam applications, while automotive, construction, rubber chemicals, dyes, pharmaceuticals, and agrochemicals also provided steady support. On the supply side, import availability remained comfortable and no major production outages were reported, ensuring balanced market conditions. Although benzene weakened during June, Aniline suppliers limited the pass-through of lower feedstock costs to preserve margins, allowing prices to maintain an upward bias through mid-month. Looking ahead, the Aniline market is expected to face a modest downside bias in the second half of June and into July due to softer benzene, comfortable imports, and stable MDI production. However, seasonal restocking and stronger insulation demand later in Q3 could offer support.
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.
