Corporates

Milliken Invests In Orak To Advance Sustainable Floor Coverings

Global diversified manufacturer Milliken & Company has made a strategic investment in Orak, a Paris-based company specializing in carpet maintenance and flooring reuse. This partnership signifies a new era of sustainability in the floor covering industry, challenging conventional notions of waste and advocating for a circular economy approach.

Orak’s Optimal Karpet line of upcycled premium carpet tiles has rapidly become the preferred choice for environmentally-conscious customers seeking to reduce the carbon footprint of construction and renovation projects. With Milliken’s investment and collaboration, Orak will enhance and diversify its product offerings, ensuring high quality reuse of clients’ carpets throughout their lifecycle. Milliken, as Orak’s exclusive industry partner, will provide its customers with access to Orak’s inventory of upcycled carpet tiles, aligning with Milliken’s N/XT Life circularity programme.

Milliken, one of the pioneering 50 companies worldwide with verified net-zero targets through the Science Based Targets initiative (SBTi), has a strong track record of delivering sustainable products and solutions to its customers. Halsey Cook, President and CEO of Milliken & Company, emphasizes the shared commitment to innovation and sustainability, stating, “At Milliken, we understand the significance of prioritizing sustainability in all our operations. This partnership with Orak is just one of the many ways we are collaborating with key partners to create a positive impact for humankind.”

Nicolas Lohéac, founder and CEO of Orak, echoes this sentiment, saying, “We are honoured to join with Milliken in this next phase of our business development. Milliken shares our vision and desire to reshape the future of our industry and create a new generation of sustainable floor covering solutions.”

Patrick Keese, President of Milliken’s Floor Covering Business, emphasizes the collective commitment to sustainability and circularity, stating, “Our team is dedicated to advancing sustainability and accelerating the circularity conversation within our industry, which is why we are excited to support Orak. Together, we will bring customers efficient, cost-effective and, most importantly, impactful flooring solutions that fulfill carefully crafted design specifications.”

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