Bromine prices in the USA softened in late February after fluctuating earlier in the month. Early strength gave way to mid-month substitution concerns and a sharper correction, culminating in a clear week-on-week decline by month-end. Demand varied across sectors: electronics, automotive, and construction remained weak as manufacturers explored non-brominated flame-retardant alternatives, while energy-sector pull provided some support. Looking ahead, the Bromine market faces balanced risks. Substitution trends pose downside pressure, while regulatory support and energy demand offer a floor. Geopolitical tensions in the Middle East add uncertainty, with disruptions around the Strait of Hormuz raising freight costs and potentially tightening U.S. supply, especially from Jordan and China. Higher diesel prices and broader logistics challenges may further influence near-term pricing.
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.
