In the first half of August 2025, European, Chinese, and Malaysian Industrial Grade Calcium Carbonate prices were steady by persistent demand from industries of paper, plastic, and building construction. Supply chains were normal with minimal logistics issues in Europe managed satisfactorily by rerouting. Domestic demand in China remained normal despite poor exports, and Malaysia experienced consistent consumption by civil engineering and coating industries. Forward to September and October 2025, regional prices would be stable with margins coming in upward, with Asian construction activity gaining marginal uplift.
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.
