Through mid-September 2025, the hydrogen peroxide markets in the US and China demonstrated resiliency, underpinned by an agreeable supply-demand balance and strong end-use pull. In the US, demand from the pulp & paper, healthcare, and semiconductor sectors maintained a 12-week bull run in pricing, driven furthermore by the recent FDA approvals and commentaries by the EPA regarding a regulatory review on hydrogen peroxide. Producers were able to successfully absorb the higher cost of natural gas through production efficiency or upsetting its use and management of inventory, despite the disallowing of market disruptions. China demonstrated its own tightening in supply due to maintenance shutdowns in the production of hydrogen peroxide, overshadowing the weakness sometimes present in papermaking demand while textiles, packaging, and semiconductor cleaning provided a reliable alternative in consumption. All buyers reflected levels of comfortable inventories and have not had significant substitutions in purchase patterns, such that traders are anticipating continued firm demand into Q4 despite several headwinds from tariffs and policy.
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.
