US Butyl Acrylate prices at DEL Texas surged 14.21% during the week of May 8, 2026 — the strongest war-era weekly gain — driven by a 22.3% propylene feedstock escalation, BASF's April 23 acrylic acid price increase of $0.09/lb, and collapsed Middle Eastern acrylate supply from the unresolved Hormuz blockade. Iran's peace proposal being rejected by Trump as "totally unacceptable" eliminated near-term diplomatic resolution prospects, sustaining extraordinary export demand from global buyers alongside peak US spring construction and coatings sector procurement. Prices are anticipated to remain at extraordinary elevated levels pending verified Hormuz transit restoration.
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.
