.S. import prices for Protease Enzyme increased in August 2025, even though freight rates eased and the dollar was depreciating. Good downstream demand for food, feed, and detergents, combined with tight worldwide supply and increased raw material prices, fueled prices. Domestic industries' strategic stockpiling further pushed prices up, whereas currency weakness cut U.S. purchasing power. Freight rate reductions provided little respite in protease enzyme’s prices, as structural demand and supply constraints predominated over logistics gains. The outlook is for high prices extended into September and beyond.
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.
