Asia-Pacific SBR Prices Decline Amid Stable Feedstock Costs and Tepid Demand from Tyres
05-May-2025 9:30 PM
Journalist: Xiang Hong
The Asia-Pacific Styrene-Butadiene Rubber (SBR) market witnessed a significant dip in prices towards the beginning of May 2025, with stable feedstock prices and soft downstream demand persisting to act as a dampener on market fundamentals. Despite initial indications of the revival of the automobile and...
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.
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