The US markets demonstrated strength and optimism over the second week of December 2025 due to the high levels of demand from the downstream sector and refinery operations remained at standard operating levels. Because aluminium and other carbon products are all being purchased in higher quantities than normal, it has provided strong purchasing purposes. Also, the strength in calcined petroleum coke will represent an increase in total fuel-grade demand as evidenced by increased levels of purchasing activity. While Crude Oil prices were fluctuating due to fears of oversupply and geopolitical tensions, these fluctuations had minimal impacts on the underlying fundamentals of the Petroleum Coke market. The consistent level of refinery operating time, along with minimal changes in crude inventory, allowed for the continued supply/demand balance to remain stable. Continuing high levels of demand for calcined petroleum coke are expected to provide continued stability for the US Petroleum Coke market, even during times of volatility with crude oil.
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.
