The global Carbonyl Iron market is maintaining a stable outlook in July 2025, driven by strategic inventory management and disciplined procurement from key downstream sectors. The demand followed a need-based approach as many buyers had already secured ample stock in previous months which led to moderated purchasing activity. Stabilization in broader iron-related sectors further supported this equilibrium, indirectly reinforcing steady consumption patterns. Suppliers also adopted strategic pricing to maintain competitiveness without triggering unnecessary fluctuations. Market participants showed caution while remaining attentive to seasonal demand changes and global regulatory shifts influencing formulation industries.
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.
