The US STPP market strengthened through March as seasonal cleaning sector demand and firmer upstream costs supported higher pricing across the West Coast. Importers moved early to secure volumes, while exporters reduced availability to protect margins, tightening supply and reinforcing a bullish tone. Cleaning and food processing applications continued to anchor consumption, with steady operating rates ensuring consistent offtake. Rising freight expenses and stronger phosphoric acid sentiment added to delivered cost pressure, prompting buyers to accept higher offers rather than risk shortages. Supply conditions also contributed, as logistics delays and selective shipment timing limited flexibility and kept the market tight. Although domestic production remained stable, imports continued to shape coastal pricing dynamics. Looking ahead, the market is expected to gradually ease after April as freight conditions improve, inventories build, and upstream costs stabilise.
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.
