In August 2025, the natural rubber (TSR) market witnessed optimism, largely due to positive dynamics caused by constrained supply and increasing demand. Seasonal factors positively impacted consumption; at the same time, supply was constrained due to difficulties in the major production regions. Buyers appear more optimistic, and logistics movement has improved. The dynamics evolving with constrained supply and decent demand appear to be creating a positive market context; the natural rubber (TSR) community seems to be placing optimistic pressure on expectations to extend positive momentum further.
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.
