The BOPP film market, captured in early August of 2025, clearly illustrated the complexities of regional demand driven by e-commerce and fast-moving consumer goods (FMCG), regulatory change, and supply dynamics. Demand was exceptionally strong across the packaging board in Brazil, India, and US with handsome growth in FMCG and e-commerce. Sustainability demand and feedstock supply constraints, centered largely on polypropylene (PP) as a feedstock, had markedly upward pressure. Additionally, port congestion, EPR laws, single-use plastics regimes and other significant regulatory frameworks compounded the situation globally as to pricing and inventory strategies across the globe.
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.
