Diethylene glycol (DEG) in the United States exhibited a sharp price escalation through April, driven by tight regional availability and rising upstream costs, shifting sentiment toward increased coverage and procurement risk. Early April saw re-pricing triggered by production outages and constrained import flows; mid-month activity remained bullish despite softer signals from end-use sectors. Late April trading paused briefly before renewed acceleration as feedstock pressure and logistics frictions intensified. Overall, buyers moved from buying to more active coverage as uncertainties around supply persistence grew. Demand dynamics for DEG were mixed across market: mid-month softness in end-use segments contrasted with limited regional availability that kept buyers engaged. On the supply side, elevated feedstock costs and volatile crude dynamics added cost pressure, while a maintenance outage at a key regional plant tightened balances and supported firmness. The near-term outlook points DEG prices to firm, with upside limited by potential demand weakening and ongoing logistics or downtime risks. Market participants will stay vigilant over balance evolution.
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.
