Toluene Diisocyanate (TDI) prices in the US strengthened through late May as the market shifted from steady early-month conditions to a firmer close. Early May saw stable buying and mild pressure, while mid-month activity remained calm before tighter Gulf Coast availability and rising feedstock costs pushed spot indications higher. Demand for TDI held steady throughout the month, with late-May buyers actively covering needs amid limited alternative supply options. Upstream dynamics also supported the rise, as higher toluene costs and constrained import flows tightened effective availability. A short-term production disruption further reinforced the upward trend. Looking ahead, the outlook for TDI in June is firm, with expectations of a moderate incline driven by continued feedstock strength, restricted imports, and limited prompt supply.
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.
