U.S. palm kernel oil (PKO) prices are expected to increase steadily until July 2025, spurred by tight global palm kernel oil supply, Southeast Asian El Niño-linked disruptions, and high freight. Sustainability limits and low RSPO-certified palm kernel oil imports will tighten supply further. Meanwhile, firm personal care, food, and oleochemical demand will sharpen price pressures. Unless drastic changes in logistics and supply are made, this bullish palm kernel oil trend is expected to continue through August and Q4 2025.
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.
