# Selenis Acquires Polisan Hellas Assets, Scaling Capacity Beyond 200,000 Tonnes

> Selenis, the only specialty copolyester manufacturer producing in Europe, has acquired the manufacturing assets of Greece-based Polisan Hellas for reinstallation at its primary production site in Portugal. Factoring in these assets and ongoing site expansions, Selenis will operate more than 200,000 metric tonnes (MT) of annual installed specialty copolyester capacity by 2028 across facilities in Portugal, Italy, Tunisia, and the United States.

Published: 2026-09-28T11:15:00+00:00
Language: en
Categories: [Textile and Leather](https://chemexworld.com/en/categories/sectors/textile-and-leather.md), [Regions](https://chemexworld.com/en/categories/regions.md), [Europe](https://chemexworld.com/en/categories/regions/europe.md)

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## Content

The asset transaction introduces **continuous polymerisation (CP)** to a manufacturing footprint previously anchored by flexible batch polymerization.

While batch processing delivers formulation agility, quick changeovers, and tailored recipe development for low-volume custom grades, continuous polymerisation provides structural cost efficiencies and resin consistency for standardized, high-volume markets. By integrating both technologies, Selenis bridges industrial scale with batch customization.

### **Supply Resilience and Multi-Site Qualification**

The operational model centers on risk mitigation through regional multi-site qualifications. Selenis will partner with converters to qualify identical resin grades across multiple plants, removing single-site bottlenecks and allowing processors to shift volume in response to demand fluctuations.

European converters will draw resin from European plants, while North American accounts are supplied domestically from the U.S. facility, cutting transit lead times and safety stock exposure relative to overseas imports.

**Duarte Matos Gil (CEO of Selenis):**

> *"We believe Europe needs a strong specialty materials manufacturing base, and we are investing to build it. When customers qualify our materials, they make a long-term commitment. Our responsibility is to invest ahead of their needs, to put more than one plant behind every grade and to give them a cost base that lets them compete. This acquisition puts industrial capacity behind that commitment, and further steps will follow."*

### **Four Priority Segments and Product Brands**

Supported by the packaging technologies of parent entity **IMG Group**, the newly added capacity targets four strategic markets:

- **Shrink Sleeves, Film & Sheet:** High-volume standard grades migrate to the continuous line to capture lower conversion costs and tight dimensional tolerances.
- **Healthcare (Selcare®):** Servicing medical device and pharmaceutical packaging applications where multi-plant validation and supply continuity are stringent requirements.
- **Additive Manufacturing (Mimesis™):** Supplying PETG and PCTG polymer resins to filament extruders serving automotive, industrial tooling, electronics, and consumer prototypes.
- **Textile-to-Textile Circularity (Texnascis™):** Collaborating with chemical recycling partners to repolymerize recovered monomers into virgin-grade polyester, providing the industrial-scale conversion infrastructure needed for circular fiber initiatives.

### **Pipeline Investments in Germany and Tunisia**

In addition to executing the capacity doubling project in Portugal, Selenis is evaluating international growth initiatives.

**Eduardo Santos (Strategy & Integration Director at IMG Group):**

> *"We are evaluating new investments in Germany in the bio-based field and in Tunisia, where we are exploring textile-to-textile opportunities through DMT technology. Each investment adds a capability to one manufacturing platform, selected for markets where our customers see the strongest long-term growth."*

### **About Selenis**

A subsidiary of Portugal-headquartered **IMG Group** alongside sister firm Evertis, **Selenis** manufactures specialty copolyester resins across Portugal, Italy, and the United States. Operating batch and continuous solid-state polymerization (SSP) configurations, the company delivers amorphous and crystallized polymers for technically demanding applications, including circular resins incorporating up to 50% recycled monomer content.