The global market of Naproxen has observed a significant increase in the first half of August 2025. The markets across different regions have experienced an increase in prices which was dictated by Chinese exporters and suppliers. The prices of Bromine was increasing in the manufacturing market of China. Bromine is an essential feedstock. The shutdowns in July have prompted the buyers to procure in August the remaining volumes and the thus the demand was increased which resulted in the incline of the market. the prices will likely stabilize with only marginal gains as production runs will start to normalize.
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.
