In late June 2025, n-Butanol prices across the Asian market witnessed an upward trajectory, with notable increases observed across China and Japan after a prolonged bearish trend. The price surge was largely attributed to a combination of elevated feedstock Propylene prices and limited supplies.
Supply-side constraints reinforced the bullish sentiment. Formosa Plastics Corporation, a key regional producer with an n-Butanol nameplate capacity of 250,000 MT/year at its Mai Liao, Taiwan facility, initiated a maintenance turnaround in early June, with operations expected to remain offline for approximately 45 days. The...
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ庐, 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.
