Low-Density Polyethylene (LDPE) prices in the UK remained stable during the first week of September 2025. Supply and demand factors were both contributed by normal imports and supply delivery mechanisms by ports, with no supply disruptions. Demand grew within retail at +3.1% during twice, fueled by increased food sales, providing support to demand for food packaging. Similar like the second week, prices remained flat and stable. In the third week, prices fell by 1.67%, which led to adequate feedstock supplies of ethylene, leading to reduced industrial demand. The fourth week, trading had returned to days flat, indicating a range-bound movement in prices, as stationers sourced more LLDPE and recycled blends which impacted the virgin LDPE demand side and e-commerce and food packaging continued to support demand.
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.
