In the first half of November 2025, Pentaerythritol (PENT) prices in North America stayed unchanged from late October as supply and demand remained balanced. Production rates were stable, supported by moderate supplies of feedstock formaldehyde. Supply to buyers was moderate, with U.S. exports showing cautious stability. Diversified trade routes, steady overseas demand, and investment in infrastructure and digital tools helped manage risks, keeping export performance steady. Demand also remained firm across paints, coatings, automotive, construction, and industrial sectors, with strong use in alkyd resins, lubricants, plasticizers, surfactants, and pharmaceuticals. Cosmetics and personal care added support through stabilizers and binding agents, driven by wellness and sustainability trends. Despite inflation and trade challenges, equilibrium was maintained. However, PENT prices are expected to decline toward the end of the year due to Asian destocking, holiday slowdowns, limited demand growth, and a decrease in feedstock formaldehyde costs, reducing overall PENT prices in the North American 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.
