In Europe, Halo Butyl Rubber prices remained unchanged by market players during the second half of October 2025. Production rates were moderate in the region amid stable industrial demand. Meanwhile, lower geopolitical risks and increased crude oil supplies in the region, eased feedstock Isobutylene prices and reduced the Halo Butyl Rubber production costs. However, concerns over oversupply and weak downstream demand continued to pressure profit margins. Supply rates within the region remained moderate. At the same time, demand for Halo Butyl Rubber was consistent in the downstream industries to produce end-use materials for the automotive and construction sectors. Looking ahead, the Halo Butyl Rubber prices are expected to rise in the coming weeks due to stronger demand and tighter supply availability in the market amid limited inventory build-up by processors. Additionally, the rise in feedstock Isobutylene costs will also increase production costs, and market players will raise prices to protect their profit margins.
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.
