Global phosphonate prices held steady in June 2025, with Asia demonstrating resilience due to the region's ongoing demand for water treatment, while the West was beset by huge stockpiles and industrial slowdowns. Prices in China and India remained stable due to strong local demand and municipal measures. Germany and the USA, on the other hand, experienced logistical delays and poor downstream offtake. Even while opinions around the world remained neutral, continuous environmental legislation and infrastructural investments in Asia are anticipated to meet future demand. The market is currently waiting for indications of inventory correction and demand resurgence in the second half of June, while freight costs from Asia remained stable.
The global phosphonate sector started June 2025 with apprehension as positive demand remained tepid from the major buying economies, while the fundamentals of Asia still support. US, Germany and Japan remain wary buyers. China and India are at least somewhat steadying forces as inventory levels...
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.
