In September 2025, Polyol prices remained stagnant in the European market. Polyol demand stayed steady in Europe, driven by consistent use in the automotive and construction sectors. Meanwhile, production rates were stable due to limited propylene oxide supply. At the same time export activity stayed moderate, facing challenges from global trade shifts and new tariffs, though a U.S. trade deal eased uncertainty. Looking ahead, Polyol prices are expected to rise as suppliers respond to winter restocking and increased demand from specialty coatings and automotive applications. Higher feedstock and energy costs may further push up production expenses and market offer.
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.
