In the US Market, the Early Jan’2026 Price trend of Polycarbonate (PC), was relatively stable whereas in the Chinese marketplace the price for the same product experienced some downward price movement. The reason for stability in PC pricing in the US was attributable to stable Bisphenol A (BPA) prices and strong automotive demand due to record 2025 automotive sales from the Hyundai and Kia Groups, caused by a total of approximately 673 million units of vehicles produced. To date, producers have reported stable operating rates (i.e., producing at consistent levels) and ongoing purchases of Polycarbonate despite concerns about the broader petrochemical industry. In the Chinese marketplace, however, the price of Polycarbonate (PC) continued to decline due to weak demand from Downstream Customers, increased pressure from increased Supply, and the impending Addition of Large BPA/PC production capacity. Chinese manufacturers are operating with extreme caution in terms of placing pre-holiday orders leading up to New Year’s Day and continuing concerns regarding oversupply.
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.
