Chinese copper-clad aluminium (CCA) markets shifted into a weaker position in late June as export enquiries faded, overseas aluminum wire orders collapsed, and construction activity slowed, creating a cautious tone across the sector. Earlier momentum from automotive and telecom applications offered only limited support as June’s downturn became the dominant driver. Producers maintained output by completing previously scheduled orders, but the absence of new bookings signals a coming decline once these commitments are fulfilled. Domestic demand also softened, with buyers reducing spot interest amid seasonal restocking. May’s strong aluminum wire export performance now plays a smaller role in market sentiment as narrowing price spreads reshape expectations for CCA producers. Forward projections suggest a restrained outlook influenced by energy policies, regional supply disruptions, and seasonal restocking patterns.
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.
