US Natural Rubber (TSR) prices rose 6.88% in May 2026 as feedstock costs climbed 4.2%, driven by tyre manufacturer substitution away from war-disrupted synthetic isoprene rubber and persistent global structural supply deficits projected at 600,000–800,000 tonnes annually through 2028. Northeast Asian and African natural rubber prices surged 10.4% and 13.5% respectively, reinforcing elevated US import costs. With Southeast Asian tapping season beginning in May offering seasonal supply relief, prices are anticipated to moderate gradually through Q3 2026, though synthetic substitution demand and EV tyre requirements will sustain a structural premium.
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.
