TPE Price Stability Returns Following Styrene Price Recovery in Europe
TPE Price Stability Returns Following Styrene Price Recovery in Europe

TPE Price Stability Returns Following Styrene Price Recovery in Europe

  • 16-Apr-2025 12:30 PM
  • Journalist: Alexander Hamilton

By mid-April 2025, the European Thermoplastic Elastomer (TPE) market reported to have stabilized price pattern after witnessing a price depreciation of approximately 0.91% during the initial week of the month. The early downturn was primarily driven by bearish sentiment in the feedstock Styrene market, as European Styrene contract...

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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