EPDM rubber prices turned sharply firmer marking 16.91% in mid March 2026 from past 2 weeks as regional availability tightened and feedstock pressures intensified. Early-February trading had been largely range-bound with steady offtake from automotive and construction buyers, but a multi-week bullish pattern in the EPDM Rubber price emerged in March driven by constrained olefin flows and elevated naphtha and crude benchmarks. Meanwhile, consistent export enquiries from Latin America and firm downstream buying interest amplified the move, creating a squeeze on prompt spot availability in the Gulf Coast market. EPDM Rubber conditions strengthened overall as supply-side constraints dominated sentiment.
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.