The Japan Ethyl Vinyl Alcohol Copolymer (EVOH) price increased by 0.4% in Sep 2025 FOB Osaka, showing signs of cautious stabilization after a 7.3% decline in August. The marginal price increase, which was caused by supply chains friction such as labor shortage and long lead time, was offset by the stable prices of VAM feedstock. Super Typhoon Ragasa forced the closure of Kyushu ports, holding back exports for as long as two weeks. Yet, demand was still soft in the packaging and automotive segment, while large PET stocks suppressed EVOH usage in films, as well as USA tariffs (20%) hampering exports to North America and now Europe. Japan’s CPI stagnated at 2.8%, offering little support, while buyers remained cautious over festive slowdowns and a looming global trade spat. Auto sales declined 2.4% to 428,214 units, which helped EVOH gains despite the hybrid vehicle pace. ChemAnalyst predicts an increase in prices for the month of October as the seasonal demand for packaging may help increase the enquiries, however, tariff pressure and high stock levels continues to be the pressure.
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.
