The European market players decreased Butadiene prices in September 2025. The production rates were firm during the month due to steady refinery operations for Ethylene Cracking in key regional hubs and a decline in production costs due to ease in Ethylene prices. Simultaneously, regional supply rates remained firm amid strengthened intra-EU trade and a shift toward localized sourcing. Meanwhile, Butadiene demand was stable from the automotive and construction sectors due to modest growth in activities. Hence, the firm availability of supplies and stable demand contributed to the downward pricing trend. Looking ahead, in the coming weeks, Butadiene prices are expected to rise as the orders for synthetic rubber like PBR and SBR are likely to increase due to higher demand for winter tires in the automotive sector. Additionally, production costs will also remain firm because input costs are expected to increase before winter starts. Hence, European suppliers will raise their offers amid high demand to improve their profit margins.
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.
