TEG (Tri Ethylene Glycol) witnessed a diverse price trend in the key global market in June 2025. The prices for TEG were mainly influenced by the supply-demand dynamics, and the fluctuation in the feedstock market.
In the United States market, TEG prices followed a bullish trend during the month by 1.51% in FOB Houston basis. Price trends were mainly influenced by the high production costs and the tight supply condition. Feedstock Ethylene Oxide prices surged by 1.57% supported by the...
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.
