In November 2025, import prices for Tetrapotassium Pyrophosphate (TKPP) in the US fell, resulting from a well-supplied global market and steady domestic demand. Production in key Asian countries stayed stable, thanks to strong supplies of feedstock potassium carbonate. However, higher production volumes and weak downstream demand created an oversupply and lowered costs. Supply from Asian exporters remained moderate, but US imports fell to their lowest levels since the pandemic recovery. This change was driven by higher tariffs and weaker demand for goods. Imports from China continued to decrease while more shipments arrived from Southeast Asia as buyers sought cheaper and safer sources. TKPP demand in the US remained steady but was slightly lower. The food, detergent, and coatings sectors provided support, but fertilizer demand slowed seasonally. However, import prices are likely to rise due to higher shipping costs, winter supply chain challenges, increasing energy expenses, and strong demand from the industrial and cosmetic sectors.
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.
