A consortium of seven companies headquartered across five countries has established a supply chain for more sustainable polyester fiber. Instead of fossil fuel materials, renewable and biobased ...

Polyester textiles account for 2/3 of the global PET market of around 100 million tons. Only 13% of textile waste is currently recycled, and only 1% is recycled "fiber-to-fiber" 1,2 Carbios has ...

The plant aims to showcase Worn Again’s textile-to-fiber recycling process at scale and provide testing for real-world ...

TOKYO & SHAOXING, China--(BUSINESS WIRE)--Teijin Limited announced today that in September it will establish Zhejiang Jiaren New Materials Co., Ltd., a joint venture with Jinggong Holding Group, in ...

The new joint venture will use a chemical-recycling technology called dimethyl terephthalate (DMT), which decomposes and converts polyester (PET) and then repolymerizes it. Notably, the DMT method ...

Ottawa, Oct. 20, 2025 (GLOBE NEWSWIRE) -- The global recycled polyester market size was valued at USD 15.85 billion in 2024 and is anticipated to reach around USD 38.53 billion by 2034, growing at a ...

The Virginia-based textile recycling start-up Circ has raised $30 million in a series B funding round. The investment was led by the Bill Gates-founded Breakthrough Energy Ventures and joined by the ...

The towers of old clothes reach almost to the ceiling of the 200,000-square-foot hall. Forklifts rumble across the concrete floor, squeezing between the stacked bales of jeans, jackets, sweaters, and ...

Ottawa, Jan. 19, 2026 (GLOBE NEWSWIRE) -- The global polyester fiber market size was estimated at USD 135.10 billion in 2025 and is expected to increase from USD 145.03 billion in 2026 to USD 274.58 ...