Inditex and Infinited Fiber Company have entered into a new partnership to advance new and innovative technologies for textile-to-textile circular loop. As per a Textile Focus report, the partnership focuses on Inditex´s three-year commitment to buy 30 per cent of Infinited Fiber Company’s annual future production volume of Infinna™, a textile fiber that can be created from 100% textile waste –a deal valued at more than €100 million.
This purchase commitment helps Infinited Fiber to expand up its recycling technology through its first large-capacity factory, which it expects to begin operations in 2024, when Inditex is due to start to buying Infinna™.
This collaboration is part of Inditex’s Sustainability Innovation Hub, an open-innovation platform that works alongside start-ups, academic institutions and tech centers to promote and scale innovative initiatives for new materials, technologies and processes that reduce the environmental footprint of fashion products and help in the advance towards more sustainable and circular solutions. Infinited Fiber has developed an innovative solution to turn cellulose-rich materials, such as worn-out, cotton-rich clothes, into a new trademarked fiber called Infinna™ that looks and feels like cotton and can be recycled again in the same process together with other textile waste. With this new fiber, Inditex will be able to continue to minimize the use of virgin materials and advance the move towards a more circular model of clothing production.