In December 2025, price fluctuations saw little to no significant change since last week; glycol ether stable prices at his end were driven by balanced market fundamentals, rather than an effect of any current supply and/or demand disruption caused by changes in production or transportation. The availability of ethylene oxide remained consistent for producers, due in large part to adequate supply of shale-based ethylene and continuous operation of the integrated steam crackers. Supply sources continued to operate normally, with the Gulf Coast facilities producing according to normal product schedules; therefore, the previously agree price settlements of ethylene contracts provided assurance to downstream manufacturers regarding costs for the following quarter. The logistics and inventory levels of finished goods further aided market condition; healthy levels of tank storage along the Houston Ship Channel, as well as smooth movement of freight traffic, enabled the Gulf Coast manufacturers to export products at competitive prices.
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.
