By the mid of August 2025, the US potassium chloride price remained flat as demand was low, and tariff policy remained uncertain. In the first half of the year, US potassium chloride imports were down 13% year on year to 4.3 MT, with decreases from Russia, Israel, and Germany dominating the declines. Canada continued to be the main supplier of potassium chloride to the US, while Canadian volumes sent to the US were reduced, while exports to Brazil and Indonesia increased. As Canadian production remained stable and US production was constrained, this represents a balanced but cautious outlook for the potassium chloride market into the end of this year.
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.
