Corporates

Greenwave Circularity Secures US$ 31.5M For Odisha PET Recycling Plant

Textile Insights September 16, 2026

Greenwave Circularity has secured a US$31.5 million loan from Austria’s Development Bank (OeEB) to develop a PET recycling facility in Odisha with an annual processing capacity of 42,000 tonnes of plastic waste. The financing is backed by a 60% guarantee from the European Union’s European Fund

Dyes & Chemicals

Can Chemical Recycling Unlock Circularity For Polyester Textiles?

Textile Insights August 9, 2026

European Commission Study Highlights the Promise and Challenges of Closing the Loop on Textile Waste As the global textile industry races to meet ambitious sustainability targets, chemical recycling is increasingly being viewed as a critical technology for achieving true circularity, particularly for polyester-based textiles. A new report from the European Commission’s

Sustainability

Swiss Textile Recycling Ecosystem Launched To Pioneer Circular Economy

January 21, 2024

The Swiss Textile Recycling Ecosystem has been officially launched, uniting key players from the entire textile value chain to foster a circular economy. At the core of this initiative is an innovative recycling technology developed by Worn Again Technologies (WAT), based in the UK. WAT, which recently announced plans to construct a demonstration plant near […]

Sustainability

Indorama Shows PET Recycling Solutions At Sustainability Expo

Textile Insights October 14, 2023

Indorama Ventures sponsored and participated in the Sustainability Expo 2023 (SX2023) held at the Queen Sirikit National Convention Center, Bangkok Under the theme of ‘The Future of Recycling’, Indorama Ventures’ highlighted the latest sustainable solutions that are poised to revolutionise PET recycling. “The company’s commitment includes investments in advanced recycling,