Standard Fiber To Launch Dr. Scholl’s® Line Of Bedding Products 

HENDERSON, Nev. — September 3, 2024 — Global home textiles supplier Standard Fiber is launching a first-ever collection of bedding products under the Dr. Scholl’s® name. The new collaboration debuts at the upcoming New York Home Fashion Market, September 16-19.

The new Dr. Scholl’s product line will provide a comprehensive collection of functional sleep solution products focused on the guiding principles of the Dr. Scholl’s brand. Products include bed pillows, specialty support pillows, mattress pads and toppers, and feature custom materials and innovative construction with targeted messaging and packaging. The line will bring innovation to the category and to retailers hoping to differentiate their offerings.

“The Dr. Scholl’s brand is trusted and respected as a leader in comfort and support solutions, which aligns seamlessly with the utility bedding category. Collaborating with the Dr. Scholl’s team has allowed us to create unique and meaningful product and packaging that will catch customers’ attention and drive purchases,” said Trina Solomon, vice president, marketing & brands, Standard Fiber.

The new Dr. Scholl’s utility bedding is offered in three tiers: Core, Adapt and Evolve. Each product is focused on a sleep solution that is inspired by technology that Dr. Scholl’s leverages in its products.

Standard Fiber is a global leader in home comfort products and textile manufacturing, and one of the largest producers of utility and decorative bedding products in the world. The company combines U.S.-based product design, customer service and technology to deliver innovative and sustainable solutions that consumers want at competitive prices they need.

The Dr. Scholl’s brand boasts a broad portfolio geared toward foot and lower body health and wellness. The company was founded in 1906 by William Mathias Scholl, M.D., whose focus on scientifically supporting the feet to improve mobility helped Dr. Scholl’s become a household name. Today the company’s mission is to help people be more active and move comfortably every day of their lives.

“Dr. Scholl’s has been a trusted brand for well over a century for products that solve real problems and provide consumers with much needed comfort and relief. We are not just a foot care brand, we are a wellness company and this fits in perfectly with Standard Fiber’s mission,” said Kate Godbout, chief marketing officer, Scholl’s Wellness Co. “Through this licensed assortment we will be helping to bring relief to our consumers 24/7 including while they sleep.”

Brandgenuity, the licensing agency for Dr. Scholl’s, brokered the agreement with Standard Fiber and is managing the development of the Dr. Scholl’s licensing program.

To celebrate the premiere of Dr. Scholl’s bedding collection, Standard Fiber is offering insole samples at its showroom at The Marmara Park Avenue Hotel at the New York Market.

Posted: September 3, 2024

Source: Standard Fiber

OEKO-TEX®: 50,000+ Valid Certifications

ZURICH — September 3, 2024 — The international OEKO-TEX® association has continued to demonstrate positive business growth, highlighting the critical role of close collaboration and shared commitment in accelerating sustainable change. More than 35,000 textile and leather companies depend on the certificates and product labels issued by OEKO-TEX’s independent testing institutes. OEKO-TEX issued more than 50,000 certificates and labels between July 1, 2023, and June 30, 2024 — an increase of 22 percent over the previous financial year.

For the first time, there are over 40,000 chemical products certified with OEKO-TEX ECO PASSPORT. This reflects the industry’s increasing commitment to cleaner, safer textile and leather production. ECO PASSPORT certified chemicals comply with global regulations, including REACH Directive Annexes XVII and XIV, the ECHA Candidate List and the US CPSIA. The certification is also recognized by the ZDHC as proof of MRSL conformity for levels 1 to 3.

The OEKO-TEX ORGANIC COTTON certification, introduced in 2023 with strict supply chain traceability requirements, saw the first finished products on the market in January 2024. In addition, the limit value for genetically modified organisms (GMOs) was reduced from 10 to 5 percent, a significant tightening of the requirements for purity and quality.

As regulatory challenges intensify, OEKO-TEX has continuously adapted its certifications to ensure they remain compliant with evolving requirements. To address the US CERCLA’s ban on per- and polyfluorinated alkyl substances (PFAS/PFC), OEKO-TEX took proactive measures to generally ban the intentional use of these substances. As a solution for the European Due Diligence Directive (CSDDD) and other supply chain requirements, OEKO-TEX introduced the OEKO-TEX RESPONSIBLE BUSINESS certification, which supports companies in fulfilling due diligence obligations throughout textile and leather supply chains.

Posted: September 3, 2024

Source: OEKO-TEX®

Südwolle Group Launches The New Südwebs Innovation Hub Story

NUREMBERG, Germany— September 3, 2024 — Südwolle Group builds on existing cooperation for their Suedwebs Innovation Hub and announces the collaboration with KNITWEAR LAB, Dutch Design and Development Centre. The partnership brings together KNITWEAR LAB’s knitting expertise with the yarn producer’s expertise in production of high quality Merino yarns. The results are the physical and virtual garments showcased recently at the Pitti Filati in Florence.

The dress is a fully fashioned garment, knitted in 14gg, with a knit structure in a plated rib structure with a transition into wide floats. The design creates extra width by generating stitches and dropping them off, employing a multi-stepping narrowing technique to achieve extremely narrow angles. The dress is crafted from Merino wool from the Biella Yarn collection by Suedwolle Group, using a 1x Nm 2/48 + 1x Nm 2/48 yarn (two colours plated together).

The jacket — a fully fashioned garment — is knitted in 7gg (E7.2 gg machine), created in a 3D structure with double jersey flaps on the single jersey base, manipulated through a multigauge technique. The flaps are longer and shorter. The interlock flaps, varying in length, push themselves down without the need for takedown force. This innovative garment is made from Nm 2/30 Merino wool from the Biella Yarn collection by Südwolle Group, with each of the four colors plated with 2 plies of TPU. This combination allows us to manipulate the waviness of the flaps.

The biggest challenge in the digital knitwear is accurate visualization of the complex structures, yarns and physics in the virtual realm. However, early adoption allows to identify and address the difficulties that might appear while product development.

KNITWEAR LAB ensures with their workflow that the virtual knit is connected to the materials and their specifications, allowing for previewing yarn choices, structures, and placements before knitting actual samples. This saves both time and materials, a crucial aspect of efficient product development.

The digital textures are created in open-source format, making them accessible to any 3D modelling software. This flexibility allows the designer to adjust, design, and experiment extensively within the digital realm, no longer depending on knitwear technicians to translate their visions.

Looking ahead, the future of Virtual Knitting is promising. As the technology advances, more accurate visualizations and seamless integrations between physical and digital product are possible, offering unprecedented possibilities for innovation in the fashion industry.

Posted: September 3, 2024

Source: Suedwolle Group

 

Archroma, Kipaş Denim And Jeanologia Collaborate To Launch Low-Impact Contra Denim Collection

PRATTELN, Switzerland— September 2, 2024 — Archroma, a global supplier of specialty chemicals towards sustainable solutions, Kipaş Denim, a leader in integrated textile production based in Türkiye, and Jeanologia, a sustainable textile solutions company, are collaborating to pioneer a new denim finishing process for enhanced aesthetic appeal and greater sustainability.

Combining their advanced technologies, the three textile innovators are behind the launch of Kipaş Denim’s new Contra Denim concept — a breakthrough in denim dyeing and finishing that enables brands to create stunning and long-lasting distressed looks and designs effects, including intricate patterns, whiskering and fades, through cleaner processes that save water and energy and reduce greenhouse gas emissions.

Denim has traditionally been challenging to produce, especially for black and indigo fabric with a worn or distressed look, requiring significant water usage, harmful chemicals and intensive manual labor. The Contra Denim collection is laser- and laundry-friendly, with colors that are deep and durable. Stunning wash-down vintage effects and high contrasts are achieved via washing or laser techniques.

Contra Denim is based on Archroma’s DENIM HALO, a new approach to denim production that incorporates resource-saving pretreatment that includes DIRSOL® RD and dyeing processes to produce easy-wash laser-friendly denim. It delivers a substantially reduced environmental footprint compared to the industry-standard denim finishing process while reducing yarn shrinkage and improving garment tensile strength.

The Contra Denim’s vintage looks are achieved with advanced laser marking technology from Jeanologia. Thanks to the combination of Archroma and Jeanologia technologies, manual hand scraping or potassium permanganate spraying harmful for workers and the environment are completely eliminated.

“Part of Archroma’s SUPER SYSTEMS+ portfolio of end-to-end solutions, DENIM HALO is empowering our partners Kipaş Denim and Jeanologia to deliver denim with measurable environmental impact through the EIM software, as well as the colors and effects that consumers crave,” said Umberto De Vita, Market Segment director – Denim, Archroma Textile Effects. “This collaboration is a notable example of our planet conscious roadmap at work, combining innovation and partnership with a focus on consumers and the environment.”

Mustafa Guleken, Kipaş Denim, said: “As Kipaş Holding, our vision is to lead the change towards circular and renewable industries while being a fair and reliable company. We strive to help lead the way to a more sustainable and circular future through research and development in collaboration with fellow industry leaders, like Archroma and Jeanologia. With Contra Denim, we are making it possible for the world’s denim brands to unleash their design creativity without compromising their environmental ambitions or production efficiency.”

Fernando Cardona, Brain Box Team manager, Jeanologia, said: “As a purpose-driven textile technology company, we take pride in working with partners to accompany them through their transformational processes. We are delighted to work with industry leaders such as Archroma and Kipaş Denim, who are at the forefront of responsible denim production.”

Initially producing a ContraBlack Denim collection, Kipaş Denim has now extended the Contra line to classic indigo and other colors from the DIRESUL RDT range.

The ContraBlack collection earned a Jeanologia Environmental Impact Measurement (EIM) score of 11 on stone wash versus the ring dyeing market standard score of 67. This confirms the low impact of the ContraBlack range in both water and energy consumption, chemical impact and workers’ health.

Posted: September 3, 2024

Source: Archroma

Bally Ribbon Mills To Highlight High-Performance Webbing At The 2024 Advanced Textiles Expo

BALLY, Pa. — September 3, 2024 — Bally Ribbon Mills (BRM) — a designer, developer, and manufacturer of highly specialized engineered woven fabrics — announced that it will showcase its high-quality, high-performance webbing designs at the Advanced Textiles Expo 2024 from September 24-26, 2024. At booth E1700, BRM experts will be available to discuss the company’s award-winning materials, tapes, webbings, and specialty textiles, including high-performance webbings, E-WEBBINGS®, and other narrow fabrics.

On September 24 from 9:45-10:45 a.m., attendees are invited to join, panel member, Ted Fetterman, vice president of Sales and Marketing at BRM, at the “Textiles for the New Space Age – Maturing R&D Stage Concepts Across Industry and Academia” panel on the show flow. This campfire session will delve into the development of advanced textiles for space environments, and the panel will discuss concept development, partnerships, and the prototyping and testing of materials both on Earth and in space.

BRM’s fabrics feature custom weave designs and high-performance fibers or fiber combinations. These patterns are created for specific end-use applications and can be customized for various industries, including aerospace, medical, safety, and commercial sectors. The technology and capabilities can also be adapted for new applications.

Among the materials to be showcased are E-WEBBINGS, which are woven fabrics of traditional fibers combined with functional elements like conductivity, light transmission, and sensors. Composites, fabrics containing multiple unique fibers to leverage the different inherent properties of each component fiber, will also be featured. Tapes and Webbing with Superior Properties such as high strength-to-weight ratio, chemical resistance, and low elongation will be on display. Additionally, BRM will highlight its Materials on Planet Mars, which includes engineered fibers and fabrics used by NASA, ESA, and commercial contractors for near and deep space applications. This includes the 3D Orthogonally woven 3DMAT Quartz Material developed for the Orion Multi-Purpose Crew Vehicle (MPCV) compression pads, named the 2023 NASA Government Invention of the Year.

The Advanced Textiles Expo is the premier event for the textile industry, bringing together industry leaders, innovators, and professionals to showcase cutting-edge products, technologies, and solutions. The Expo is where industry stakeholders and leaders connect, learn, and make purchases in order to grow their businesses.

Posted: September 3, 2024

Source: Bally Ribbon Mills (BRM)

 

AMSilk Joins World Economic Forum’s Global Innovators Community

NEURIED, Germany — September 3, 2024 — AMSilk GmbH, a global supplier of advanced biomaterials made from spider silk-based proteins, today announces it has been invited to join the World Economic Forum’s Global Innovators Community.

The Global Innovators Community, an invite-only initiative, was established in 2019 to bring together companies making strides to innovate and contribute meaningfully to solving the key issues faced by people and the planet. By being selected as a Global Innovator, AMSilk cements its status as one of the most promising growth-stage companies at the forefront of innovation in its industry.

Ulrich Scherbel, AMSilk CEO, commented: “Being invited to join the World Economic Forum’s Global Innovators Community stands as testament to our status as a global leader in advanced biomaterials. We look forward to continuing to demonstrate our commitment to innovation, industrial biotechnology and the advancement of the bioeconomy by contributing to the Forum’s important work and initiatives.”

Verena Kuhn, head of the Global Innovators Community, World Economic Forum, said: “The World Economic Forum is pleased to welcome AMSilk to our Global Innovators Community. We are looking forward to the team’s engagement in our bioeconomy initiative, where AMSilk will work with other global leaders to accelerate the global transition of the tech-driven bioeconomy into the commercial mainstream.”

AMSilk is at the forefront of innovation in advanced biomaterials. Inspired by spider silk-based proteins, AMSilk produces high-performance materials that can be used in a variety of formulations, including fibers, yarns and hydrogels, for a range of applications across textile, homecare and the automobile industries.

AMSilk recently demonstrated the environmental promise of its technology through an independent ‘Cradle to Gate’ Life Cycle Assessment (LCA), conducted by Quantis, which verified the environmental superiority of its Ultrafine Fiber compared to mulberry silk. With its strong environmental credentials and a record of collaborations with industry-leading global companies, AMSilk is primed to connect with fellow leaders in the Global Innovators Community to solve key issues for the future of the planet.

As a member of the Global Innovators Community, AMSilk will participate in two high-profile events later this year. The first, the Special Meeting of the Innovator Communities, includes a private session with Jörg Kukies, State Secretary, Federal Chancellery of Germany which will focus on pivotal topics shaping the future of innovation and technology. In December, the Annual Meeting of the Innovator Communities will be held in New York, USA, where CEOs from the Unicorn, Global Innovator, and Technology Pioneer communities will gather to network, workshop, and discuss the latest challenges and developments in their fields.

Posted: September 2, 2024

Source: AMSilk GmbH

Woolmark Unveils Woolmark+: A New Roadmap To Accelerate The Wool Industry Towards Nature Positive

LONDON —September 3, 2024 — Woolmark+ is a bold new roadmap aimed at driving the wool industry towards nature positive.

What is Woolmark+?

Woolmark announces the launch of Woolmark+, a vision designed to unite woolgrowers, supply chain and brands in ensuring a sustainable future for the wool industry. This emerges at a pivotal moment for the global fashion industry, which faces increasing demands to adopt sustainable practices amid regulatory and consumer pressure.

Woolmark+ aims to accelerate low-impact production, promote circularity and enhance animal wellbeing and woolgrower livelihoods. The roadmap sets out 13, practical initiatives intended to empower nature regeneration, reduce carbon emissions and optimise productivity. This approach not only supports woolgrowers in meeting their business objectives but also aligns with the increasing commitment from brands to mitigate Scope 3 emissions and bolster supply chain sustainability.

Highlight initiatives of Woolmark+

  1. Insetting Program: This groundbreaking initiative will establish the foundation for a wool insetting market, linking woolgrowers with global brands aiming to meet their emission targets through on- farm, nature-based solutions.
  2. Methane Emissions Reduction in Livestock: Comprising nine research and development projects, this program focuses on identifying effective strategies to reduce methane emissions from grazing sheep. Early results include a 19 percent average methane reduction and 27 percent productivity increase in grazing sheep consuming Agolin, and a 50 percent methane reduction when consuming Asparagopsis.
  3. Nature Positive Farming Specification: Developed in consultation with woolgrowers and industry partners to provide credible measures of on-farm environmental performance and enable brands to make defensible claims. Building on detailed ecological assessment of 130 wool farms, this study has identified a set of core metrics that can cost-effectively verify on-farm performance. A pilot project will look at operationalizing these metrics.
  4. Nature Positive Impact Program: This program will connect investors with research, development, and conservation projects that reduce emissions, enhance biodiversity, promote climate resilience and enable circularity.
  5. Woolmark Recycled: A new Recycled sub-brand has been added to the Woolmark Certification program to encourage more quality assured, recycled wool products and support wool’s position as the most recycled apparel fiber.

Looking beyond net zero, to nature positive

By avoiding carbon tunnel vision and targeting nature positive, Woolmark highlights the co-benefits of wool-growing for both nature and livelihoods. Nature positive is defined as halting and reversing nature loss by 2030, measured from a baseline of 2020, with approaches to restoration optimized for carbon sequestration, biodiversity recovery and livelihood benefits.

“With more than 60 years of experience, Woolmark understands the nuances of the textile industry and is dedicated to driving its success by aligning economic prosperity with positive ecological and social impact,” explained John Roberts, managing director, The Woolmark Company. “Woolgrowers in Australia are stewards of over 65 million hectares of land, and they can play a critical role in the global transition to a low-emission, nature positive market. Their commitment to nature needs to be well recognised and supported to demonstrate the wool industry’s role in supporting and enhancing biodiversity, beyond net zero targets.”

Designed with woolgrowers for the benefit of all

At its core, Woolmark+ focuses on supporting the livelihoods of woolgrowers in their role as stewards of nature. Through research, training, and the development of new tools and investment avenues, the initiatives help woolgrowers to enhance climate resilience, reduce carbon emissions, foster biodiversity, and progress animal wellbeing. The Carbon Storage Partnership is just one example of how Woolmark is collaboratively investing to identify effective and appropriate techniques for woolgrowers to reduce greenhouse gas (GHG) emissions, while building biodiversity and improving productivity. The project is due to finish 2025; on-farm modelling is under way and case studies for various regional zones have been completed.

Alongside environmental stewardship, the roadmap promotes a holistic, nature positive approach through the development of supply chain programs that aim to advance circularity, while ensuring demand for wool.

Posted: September 3, 2024

Source: The Woolmark Company

Suzano Completes Purchase Of 15 Percent Stake In Lenzing AG

SÃO PAULO — August 30, 2024 — Pulp producer Suzano today announced the completion of its acquisition of a 15 percent stake in Lenzing AG, the Vienna-listed leading global supplier of sustainable premium cellulosic fibers for the textile and nonwovens industry, from B&C Group. As announced in June this year, the transaction value is 230 million euros (or 39.70 euros per share). The agreement was subject to regulatory approval, which was granted without restrictions.

The long-term partnership between Suzano and B&C Group establishes that Suzano has the right to hold two seats on Lenzing’s Board and the option to acquire an additional 15 percent stake from B&C Group until the end of 2028. Following the sale of the 15 percent stake, B&C Group now holds 37.25 percent of Lenzing’s share capital.

Lenzing is a global supplier of premium wood-based cellulosic fibers (lyocell, modal, and viscose) for the production of clothing, home textiles, hygiene products, and non-woven materials.

Beto Abreu, CEO of Suzano, said: “Lenzing’s unparalleled track record of innovation and best-in-class technology make it a global leader in developing sustainable solutions from wood. With this transaction, we intend to build our expertise in the textile market and identify how we can help strengthen the company’s competitive position.”

The purchase of the stake in Lenzing is aligned with two of Suzano’s key strategic goals —  “Expand Boldly into New Markets” and “Play a Leading Role in Sustainability”. Its completion does not have a material impact on Suzano’s overall financial leverage and/or indebtedness.

Posted: September 2, 2024

Source: Suzano

Oerlikon Nonwoven Takes Part In FILTECH In Cologne

NEUMÜNSTER, Germany — September 2, 2024 — At FILTECH, the trade fair for filters and filtration systems in Cologne, November 12-14, Oerlikon Nonwoven will be presenting its market- and customer-oriented system solutions for filtration applications. The Neumünster-based plant engineering company for nonwoven production technology will be offering trade fair visitors the opportunity to meet the team in hall 8, stand B18 and immerse themselves in the company’s comprehensive product and process expertise.

Filtration: Meltblown solutions for the highest demands

Oerlikon Nonwoven meltblown technology enables the efficient and simple production of unique and highly sophisticated nonwovens for filtration, insulation and sorption applications. The polymers used for the production of filter media and membranes are just as diverse as their areas of application. The spectrum ranges from classic polyolefins (PP, PE) through PET, PLA, PBT and PA to speciality plastics such as PPS and TPU. All these and other raw materials can be safely processed using the Oerlikon Nonwoven Meltblown process.

The Oerlikon nonwoven hydrocharging technology hycuTEC for meltblown systems impresses with maximum filtration efficiency combined with low pressure loss.

With the Edana Filtrex Innovation Award-winning hycuTEC hydrocharging technology for the production of highly efficient electret filter media, the pressure loss of a typical FFP2 filter medium can be reduced to less than a quarter. “Filtration efficiencies of over 99.99% are easy to achieve with typical filter media of around 35 g/m² with a maximum pressure loss of 35 Pa,” explains Dr Ingo Mählmann, Director Sales & Marketing Oerlikon Nonwoven. “What’s more, this innovative process eliminates the need for an additional drying process for the production of high-separation electret filter media for most applications,” he continues.

Spunbond solutions: High-performance technology for filter applications

Spunbond products are becoming increasingly important in filtration applications – both as backing materials for filter media and as the filter media themselves. Thanks to a nonwoven structure tailored to their specific tasks, customer-specific requirements for different functions can be realised; it is also possible to combine different functions in one layer. In particular, many years of experience in the field of bicomponent spinning processes enable the design of completely new nonwoven structures and thus the fulfilment of different functions in one material. With the Oerlikon Nonwoven Bico spunbond process, different fiber cross-sections can be combined, but also different fibers can be produced simultaneously from one or different polymers on one system. The spectrum ranges from classic core-sheath and side-by-side bico filaments to splittable fibers and so-called mixed fibers.

Posted: September 2, 2024

Source: Oerlikon Polymer Processing Solutions Division / Oerlikon Group

Indorama Ventures, Dhunseri And Varun Beverages Joint Venture Plans Multiple Cutting-Edge Recycling Facilities In India

BANGKOK, Thailand — September 2, 2024 — Indorama Ventures Public Co. Ltd., a global sustainable chemical producer, through its direct subsidiary – IVL Dhunseri Petrochem Industries Ltd. – and Dhunseri Ventures Limited have formed a joint venture with Varun Beverages Limited, PepsiCo’s second-largest bottling company globally outside the US, to establish several greenfield state-of-the-art PET recycling facilities in India. This strategic alliance marks a substantial move towards meeting the increasing demand for recycled content throughout India, representing the companies’ collective dedication to sustainability.

The joint venture has already begun the construction of two PET recycling facilities, planned for completion within 2025, with potential for more.  One facility is in Kathua within the Jammu Division of the Indian Union territory of Jammu and Kashmir, situated in Northern India, while the other is in Khurdha within the State of Odisha, located in Eastern India. The aim is to reach 100 kiloton annual capacity of recycled PET (rPET) across all the facilities when combined.

This initiative aligns with the escalating demand for rPET content in India, driven by both regulatory mandates and a collective effort towards a circular economy for PET. The surge in demand reflects a significant shift, with projected volumes increasing from approximately 400 kilotons in 2025-2026 to over 1 million tons by 2031. Mandates such as the Indian government’s compulsory requirement of 30 percent recycled plastic content in plastic packaging by 2025-2026, escalating to 60 percent by 2028-2029, underscores the urgency and importance of this transformation. Moreover, this move aims to effectively cater to the needs of India’s beverage Brand Owners, many of whom have established ambitious sustainability goals in line with regulatory directions.

Yash Lohia

Yash Lohia, representative of IVL Dhunseri, and executive president Petchem Special Projects, and chairman of the ESG Council of Indorama Ventures, stated: “We at IVL Dhunseri are delighted to collaborate with Varun Beverages, in the establishment of these mechanical recycling facilities in India. As the world’s largest recycler of PET, this partnership underscores our steadfast commitment to sustainability and our support for the region’s escalating demand for rPET content. Anticipated to substantially diminish plastic waste, these new PET recycling facilities will convert post-consumer PET bottles into valuable resources. This initiative exemplifies the shared dedication of Indorama Ventures’ and Varun Beverages to creating a circular economy, promoting environmental sustainability, and meeting the rising consumer demand for eco-friendly products.”

The amalgamation of the three industry leaders bodes well for bolstering the region’s recycling infrastructure. As regulatory frameworks increasingly advocate for heightened usage of recycled content, the joint venture is positioned to play a pivotal role in meeting these evolving requirements.

Indorama Ventures is the world’s largest producer of recycled PET resins widely used in food and beverage packaging. Since 2011, the company has operated PET recycling facilities, gradually expanding its global footprint. In 2023, Indorama Ventures achieved a significant milestone, recycling over 100 billion PET bottles. Progressing towards its target of recycling 750,000 tons or 50 billion bottles annually by 2025, the company remains dedicated to advancing circular economy practices.

Varun Jaipuria

Varun Jaipuria, executive vice chairman of Varun Beverages Ltd., added: ” As part of our long-term vision and in line with PepsiCo’s global PEP+ objectives, we remain committed to sustainability and environmental stewardship. We are making investments that emphasize using green energy as well as reuse of PET which will be instrumental in mitigating environmental impact. These endeavors are aligned with our pledge to the environment and reflect our ambition to nurture a greener future. Our collaboration with Indorama Ventures represents a strategic foray for Varun Beverages into the recycling market. We believe this joint venture will yield environmental dividends and generate substantial value for our stakeholders. As India’s recycling landscape undergoes a paradigm shift, we take pride in spearheading this transformation alongside Indorama Ventures. Through this joint venture, we endeavor to harness our expertise to cater to the escalating demand for sustainable packaging solutions.”

Posted: September 2, 2024

Source: Indorama Ventures Public Company Limited

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