Acrylonitrile prices in the USA strengthened in early March 2026 after a softer February, supported by tightening upstream olefin availability and rising propylene costs. Market sentiment improved as buyers returned with steady procurement activity, while producers adjusted offers upward to protect margins amid increasing feedstock and energy expenses. The ongoing Iran–Israel conflict further influenced the market by disrupting global energy flows and raising freight and bunker fuel costs, indirectly elevating production and logistics expenses. Supply remained largely stable in terms of plant operations, but cost pressures dominated pricing dynamics. War-related risks in key shipping routes added uncertainty, prompting cautious restocking and firmer seller positioning. Downstream demand from polymer and synthetic rubber sectors continued to provide consistent support. Overall, the market shifted from range-bound conditions to a firmer trend, with expectations of continued stability driven by feedstock costs, geopolitical uncertainty, and steady end-user demand.
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.
