During the August 2025, butyl acetate prices in Germany has declined. The market showed little momentum as feedstock costs for acetic acid and n-butanol held steady, offering limited cost support. Demand from coatings and adhesives remained weak, particularly due to Germany’s ongoing construction slowdown. Domestic production operated cautiously, with suppliers aligning output to match subdued demand. Logistics through Hamburg ran smoothly, and export activity focused on intra-EU markets, with minimal overseas interest due to high freight costs. Looking ahead, prices are expected to stay rangebound unless energy costs rise or Eurozone demand improves.
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.
