
Circ & Selenis Scale Circular Polyester in Europe
Textile-to-textile recycling pioneer Circ® has entered a strategic partnership with Selenis, a Portugal-based polyester manufacturer, to scale the industrial production of Circ® Polyester from end-of-life textiles in Europe.
Under this agreement, Selenis will toll and polymerize thousands of metric tons of Circ's recycled polyester, providing critical infrastructure to commercialize the fiber at large volumes across key apparel segments including activewear, basics, and fashion.
This collaboration not only accelerates Circ's dual-product platform—spanning recycled polyester and lyocell—but also enhances access to high-quality circular fibers for global mills and brands.
Peter Majeranowski, CEO of Circ®, stated, 'This partnership validates our strategy to scale two critical fiber alternatives simultaneously. With Selenis, we are well-positioned to deliver on the global demand for circular materials.'
Selenis, known for its expertise in high-performance polyester manufacturing, brings years of technical know-how and operational strength to the venture. The company has already made strides in bottle-to-bottle circularity and now strengthens its role in textile-to-textile recycling, with operations expanding in both the U.S. and Italy.
'This is about turning circularity from theory into industrial reality,' said Duarte Matos Gil, CEO of Selenis. 'We need systems where garments return as garments, not waste. And that requires both innovation and supportive legislation.'
Eduardo Santos, Global Head of Strategy at Selenis, added, 'Our decision to invest in textile circularity—even as our roots were in plastics—reflects our long-term vision. This alliance with Circ® is our next leap forward in making fashion truly sustainable.'
Together, Circ® and Selenis are building the infrastructure needed to close the loop on polyester production in the fashion industry—at scale, and across continents.

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33 minutes ago
- The Wire
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The parties intend to make the necessary filing under the Hart-Scott-Rodino Act in the United States in due course. Illumina expects to close the transaction in the first half of 2026. Until then, the companies will continue to operate as separate and independent entities. Goldman Sachs and Co. LLC is serving as financial advisor and Cravath, Swaine & Moore LLP is serving as legal advisor to Illumina. Centerview Partners LLC is serving as financial advisor to Standard BioTools, and Freshfields LLP and Richards, Layton & Finger P.C. are serving as its legal counsel. UBS Investment Bank is serving as financial advisor to the Special Committee of the Standard BioTools Board of Directors. Use of forward-looking statements This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors to which our business is subject that could cause actual results to differ materially from those in any forward-looking statements are: (i) the completion of the proposed transaction on the anticipated terms and timeline, or at all, including the ability of the parties to obtain required regulatory clearance—such as under the Hart-Scott-Rodino Act in the United States or from government authorities that may have or assert jurisdiction outside the United States—and to satisfy other conditions to closing; (ii) the future conduct and growth of the business and the markets in which we operate, including the proteomics market; (iii) the success of products and services competitive with our own; (iv) our ability to successfully integrate SomaLogic into our existing operations and SomaLogic's technology and products into our portfolio; (v) our ability to sell SomaLogic's products and further develop SomaLogic's technology; (vi) our ability to successfully manage partner and customer relationships in the proteomics market; (vii) our ability to manufacture robust instrumentation and consumables including SomaLogic's products; (viii) challenges inherent in developing, manufacturing, and launching new products and services, including expanding or modifying manufacturing operations and reliance on third-party suppliers for critical components; (ix) challenges inherent in developing, manufacturing, and launching new products and services; and (x) customer uptake of, and satisfaction with, new products and services, together with other factors detailed in our filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We undertake no obligation, and do not intend, to update these forward-looking statements, to review or confirm analysts' expectations, or to provide interim reports or updates on the progress of the current quarter. About Illumina Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube. *References: 1. Rooney MR, Chen J, Ballantyne CM, et al. Plasma proteomic comparisons change as coverage expands for SomaLogic and Olink. medRxiv. Preprint posted online July 12, 2024. doi:10.1101/2024.07.11.24310161 2. Kirsher DY, Chand S, Phong A, Nguyen B, Szoke BG, Ahadi S. 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Hans India
an hour ago
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an hour ago
- Mint
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