In July 2025, prices of Dibutyl Phthalate in India were largely stable, with a modest 0.2% change from Junee, balancing rising production costs against weak downstream demand. A sharp 10.1% increase in upstream n-butanol prices—driven by BPCL’s Kochi refinery outage and higher logistics costs—tightened supply conditions. Dibutyl Phthalate producers had no interruptions to their operations but unfortunately had trouble passing through their added costs to the customers since overall market sentiment was cautious. Demand across key sectors like construction and paints remained subdued due to monsoon disruptions. Some restocking emerged ahead of Q3 festivities, offering cautious optimism, though pricing remains sensitive to supply disruptions and broader economic pressures.
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.
