European EPDM Rubber Price Witnessed Stability Amid Balanced Downstream Market and Supplier’s Actions
European EPDM Rubber Price Witnessed Stability Amid Balanced Downstream Market and Supplier’s Actions

European EPDM Rubber Price Witnessed Stability Amid Balanced Downstream Market and Supplier’s Actions

  • 05-Jun-2024 1:56 PM
  • Journalist: Jacob Kutchner

In the European market, the price of EPDM Rubber remained stable in the latter half of May. This stability in the EPDM Rubber price is mainly attributed to the consistent demand and supply ratio among market participants, along with effective inventory management during this period. In contrast,...

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.

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