Neoprene Rubber prices exhibited a clear downturn in June 2025, with both Japan and South Korea feeling the impact of weak market conditions. Sluggish demand at home and abroad pushed suppliers to cut Neoprene Rubber prices, especially as falling feedstock costs gave them more room to adjust. In both markets, trading remained slow, buyers stayed cautious with restocking, and growing price competition in export channels added further pressure on Neoprene Rubber price.
Neoprene Rubber prices in Japan fell by 7.02% in June 2025, as suppliers lowered offers amid continued weak sentiment and sluggish demand at home and abroad. A sharp 16.21% drop in Butadiene prices helped ease production costs, giving producers room to adjust Neoprene Rubber prices...
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.
