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Friday, 10 December 2021 11:47

Fashion for Good launches polyester recycling project

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Fashion for Good has launched the Full Circle Textiles Project – Polyester. The aim is to validate and scale promising technologies in polyester chemical recycling and to encourage financing and offtake commitments in the fashion industry. The project brings together a consortium of stakeholders including brands, innovators, supply chain partners and catalytic funders - a structure that has proven successful in driving and scaling disruptive innovation in the industry. To attain a clear idea of the innovations best positioned to address the challenges of recycling polyester textiles, Fashion for Good has enlisted promising innovators in polyester chemical recycling from around the world to participate in the project.

Polyester claims 52 per cent of the global fiber market. As the most common fiber in the world, it also represents a significant portion of the textiles that are landfilled or incinerated annually. A synthetic fiber derived from petroleum, polyester does not naturally break down in the environment. Chemical recycling is a key solution that promises to address the polyester textile waste challenge.

Fashion for Good, based in Amsterdam, has global accelerator programs that give promising start-up innovators the expertise and access to funding they need to grow. The platform also supports innovators through its scaling program and foundational projects, driving pilots and supply chain implementation with partner organisations.