In February 2026, U.S. Guar gum prices experienced a notable increase due to robust oilfield restocking and steady industrial demand. The energy sector remained the primary driver, accounting for over 55% of domestic consumption, while demand from food, beverage, and pharmaceutical sectors helped stabilize the market. Harvests in western India proceeded smoothly, ensuring consistent exports into Houston, with minimal logistical delays. However, as March approaches, rising geopolitical tensions, particularly the Iranian conflict, threaten to disrupt this stability. Increased energy prices and logistical challenges, including rerouting shipments and longer transit times, are expected to drive prices higher in the near future. Projections indicate significant price increases in the upcoming months. Procurement managers are advised to stay vigilant, closely monitoring market trends and adjusting strategies to mitigate risks associated with potential disruptions. Effective inventory management and proactive procurement practices will be essential for navigating the anticipated volatility in the Guar gum market.
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.
