During the early part of June 2025, North American TDI prices increased on account of continued trade and logistics issues, including reimposed tariffs, Red Sea delays, and port congestion that reduced supply and increased freight. Robust automobile production and normal construction demand helped maintain flexible polyurethane foam demand. Moderate domestic output and consistent feedstock availability kept the market balanced. Yet, projected logistics shortages due to Panama Canal maintenance and pre-hurricane inventory build-up are forecasted to drive prices upward throughout the latter half of June and into early Q3 2025.
In the first half of June 2025, Toluene Diisocyanate (TDI) prices rose in the North American region, driven by ongoing trade and logistics disruptions—including reinstated tariffs, port congestion, and Red Sea-related delays—that increased freight costs and tightened supply. On the demand side, stable automotive output...
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.
