In November 2025, the US Petroleum Coke Market continued to strengthen due to limited supplies, steady industrial demand, and supportive government regulations. Calcined Petroleum Coke sustained its bullish trend over the previous 12 weeks. The combination of logistical problems, low feedstock availability, and high demand from electric arc furnace and lithium-ion battery anode manufacturers contributed to the price stability. Supply limitations were supported by limited inventories and near-term delays in logistics. Regulatory activities, including a two-year extension on compliance dates for the Federal Coke Oven Rule, lessened the stress on Petroleum Coke suppliers and created a more stable environment for future supply of Petroleum Coke. However, the increase in US production of Crude Oil may limit long-term price growth for Petroleum Coke; nevertheless, strong near-term fundamentals will provide solid momentum for the US Petroleum Coke market leading into December 2025.
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.
