US spot EVOH markets firmed through January as feedstock inflation, upstream outages and steady converter demand tightened available volumes. Early replenishment gave way to mid-month disruptions, including force majeure and weather outages, which constrained feedstock and limited fresh Gulf-Coast offers. Export allocations to neighboring regions absorbed prompt tonnage, while holiday- and weather-driven port congestion extended carrier wait times. The confluence of these factors left the market firmer heading into February. Demand from multilayer film producers for food and beverage packaging underpinned most of the uptick, with meat, cheese and fresh-produce packaging continuing throughput in line with schedules and supporting baseline liftings. Medical and pharmaceutical packaging call-offs remained steady, as converters position for spring production. The market saw a modest monthly gain, with upside expected to persist as upstream costs and EVA supply tighten margins. Disruptions to VAM/EVA supply and weather-driven logistics risk constrained spot availability and encouraged prompt replenishment, while export demand could sustain tightness into March–July.
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.
