Polyester Staple Fiber (PSF) prices rose in June 2025 while the weekly trend was varied in the key global markets. Asian market price for the PSF rose consistently during the June H2, prices in US rose after a period of stability, while the prices in Germany recorded a mixed trend. The prices fluctuation in the market was supported by the changes in production costs, demand dynamics and due to the regional market conditions.
In the United States market, prices for the PSF rose by 1.6% during the last week of the month after a period of stability. Feedstock or demand condition failed to influence the PSF prices during the timeframe. Feedstock MEG and PTA prices remained stable in...
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.
