Butyl acetate market in Germany remained weak through August 2025, with subdued demand from coatings and adhesives and steady feedstock costs offering no production-side support. Domestic output was cautious, aligned with slow-moving demand, while high energy costs squeezed margins. Asian imports, especially from China, added competitive pressure. Construction sector stagnation continued to weigh heavily on demand, while automotive recovery was too modest to offset broader softness. Buyers favoured spot deals amid economic uncertainty. Export flows stayed limited, and international sales were hampered by high freight costs. Looking ahead, prices are likely to remain under pressure unless construction rebounds 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.