In June 2025, Succinic Acid prices in Europe rose slightly due to steady demand and growing supply issues. The paint, coatings, and cosmetics sectors maintained consistent consumption, driven by a shift toward sustainable and high-performance products. Supply was constrained by labor shortages, port strikes, and rising fuel and feedstock costs, partly due to Middle East tensions. Production in China remained moderate amid high input costs. With tight inventories, ongoing shipping delays, and seasonal demand from construction rising, further price increases are expected in the coming weeks as suppliers adjust pricing to protect margins.
At the end of the second quarter of 2025, Succinic Acid prices in Europe rose slightly due to steady demand and growing supply challenges. The paint, coatings, and cosmetics sectors continued to support consumption, driven by a shift toward eco-friendly and high-performance products. However, supply...
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.
