In August 2025, North American market players increased the prices of Toluene Diisocyanate (TDI). It was due to the consistent demand from the downstream Polyurethane sector amid moderate production rates. Meanwhile, supply rates were balanced for the regional buyers and importers. Steady air freight flows for time-sensitive shipments, along with the resolution of tariff negotiations, maintained the market confidence. On the demand side, consistent offtakes from the PU segment amid firm consumption of end-use materials in the automotive sector added pressure to the prices. However, it is expected that the TDI prices would ease in the North American market due to a decline in purchase rates in the coming weeks of Q3.
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.
