In mid-June 2025, Ethylene Dichloride (EDC) prices in Germany rose by 3.6% due to tightening supply caused by plant shutdowns, rising raw material costs, and severe logistical disruptions at Hamburg port. While demand from construction and automotive sectors remained cautious, slight recovery in these segments, combined with persistent supply-side constraints, supported the upward price trend. Further moderate price increases are expected if logistical issues persist and demand gradually improves.
The prices of Ethylene Dichloride (EDC) witnessed an upward trend in the second week of June 2025. The prices surged by 3.6%, reaching USD 145/MT FOB Hamburg Germany. The upward momentum was largely driven by supply constraints in the market which led to supply tightening...
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.
