In the first half of November 2025, Butadiene prices were revised by European market players as steady supply and cautious demand kept the market balanced. Production rates remained steady but cautious, with feedstock markets under pressure from crude oil volatility. Strong trade flows within the EU helped offset weaker exports to the U.S. and China, while southern economies showed small growth and Germany and France faced challenges. Demand showed a slow recovery, supported by car production and building activity. The auto sector used more synthetic rubber for tires and ABS plastics, with electric cars adding support, though high borrowing costs and weak consumer spending limited growth. Construction projects increased use of butadiene-based sealants, insulation, and durable materials, encouraged by sustainability programs. Industrial uses such as nitrile rubber and plastics added steady restocking. Looking ahead, prices are expected to fall as winter slows demand, interest rates cut spending, exports weaken, and supply stays firm.
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.
