In July 2025, European Fatty Alcohol prices fell, driven by weaker demand as downstream plants reduced operations for summer. Early-month demand was steady, supported by personal care and paint sectors, but eased by mid-July. Production also declined as rising Coconut Oil costs, caused by weather-related shortages in Asia, limited feedstock supply. Logistics disruptions at major ports further constrained availability. By late July, C12-14 FOB Hamburg prices were around USD 3090/MT. Prices are expected to rebound in mid-Q3, supported by tight supply, reduced coconut oil output, and steady demand from personal care and paint manufacturers.
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.
