In mid-Q3 2025, Fatty Alcohol Ethoxylates (FAE) prices in Asia declined as supply remained firm during August. Trade within Asia stayed active, helped by closer ties between countries like India, Vietnam, and the Philippines. These efforts, along with the more effective use of digital tools, ensured a smooth distribution and kept costs under control. While industries like personal care and paints continued to use FAEs regularly, the demand wasn’t high enough to balance the extra supply. As a result, prices fell, and more declines are expected toward the end of the quarter due to fewer trade deals being made. Additionally, further declines are anticipated in the Fatty Alcohol Ethoxylates (FAE) prices due to reduced transactional activities towards the end of the quarter.
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.
