#Recycling / Circular Economy

2025-06-12

DePoly wins SEF award for Deep Tech Innovation in PET Recycling

At the 2025 Swiss Economic Forum (SEF), held in Sion, Switzerland, advanced recycling company DePoly was awarded the top prize in the Deep Tech / Life Sciences category—further cementing its position as a key player in the circular materials space.

The SEF Awards are among Switzerland’s most prestigious recognitions for startups and scale-ups driving technological transformation. A high-level jury of business and scientific leaders evaluated companies on innovation, sustainability, scalability, and societal impact.

DePoly impressed the jury with its patented chemical recycling technology, capable of breaking down unsorted, contaminated PET plastic waste into virgin-quality monomers—Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG)—chemically identical to their fossil-based counterparts. This process enables true circularity by reintroducing PET waste into the value chain as high-quality feedstock.

“This recognition fuels our drive to push boundaries in plastic recycling and scale our global impact,” said Dr. Samantha Anderson, CEO and co-founder of DePoly. “Winning the SEF Award among such remarkable companies is a strong endorsement of our vision.”

From lab development to its showcase plant in Monthey, DePoly is demonstrating that its technology is not only scalable but also strategically positioned to support Europe’s transition to circular production models—an ambition highly relevant to the textile industry, where PET-based materials like polyester dominate.

The SEF accolade is expected to strengthen DePoly’s momentum in securing partnerships, expanding into European markets, and attracting further investment.

Also recognized in the Deep Tech / Life Sciences category were Synendos Therapeutics AG and Artiria Medical, noted for their outstanding contributions to medical innovation.

DePoly Inaugurates its Showcase Plant in Monthey Switzerland

What if used plastic bottles, PET packaging material and polyester textiles could become raw materials just as high performing as virgin resources? That is the ambition of DePoly, a circular materials company based in Sion, Switzerland which inaugurated its Showcase Plant in Monthey on July 6th & 7th. The first depolymerization facility of its kind and scale in Switzerland, this industrial Showcase Plant represents a major milestone in the company's growth and its journey toward commercialization.

Odlo and DePoly “Close the loop” on Polyester with InnoBooster project

Odlo, the Swiss-based performance apparel brand, together with DePoly, the award-winning chemical recycling pioneer, has successfully completed an InnoBooster-funded innovation project. By turning production cut-offs from Odlo’s base layer factory into virgin-quality recycled polyester fabric, the partners have taken an important step towards closing the loop on one of the most widely used materials in the textile industry.

Circulose resumes recycling of discarded cotton textiles and appoints interim CEO

Circulose today announced its restart of commercial-scale production plant at Ortviken in Sundsvall, Sweden, marking a significant step in scaling next-generation materials for the global fashion industry. The Ortviken plant is the world’s first commercial-scale chemical textile recycling facility. Its restart demonstrates that the fashion industry is seeking ways to scale proven solutions that move beyond pilots and into commercial production.

Reju expands textile-to-textile recycling network with six international fabric manufacturers

Reju, a textile-to-textile regeneration company, is expanding its industrial network through collaborations with six fabric manufacturers in Europe and the Americas. The initiative aims to accelerate the integration of regenerated polyester into textile manufacturing and support the development of finished fabrics for commercial applications.

Trützschler expands technical service capabilities for spinning mills in Pakistan

Faster support, shorter downtime and advanced repair capabilities: customers across Pakistan can now benefit from the Trützschler Service Station at its new location in Lahore. By combining Trützschler service expertise with state-of-the-art diagnostic equipment, the new facility helps spinning mills resolve technical issues more quickly and maintain reliable production.

Trützschler brings intelligent fiber processing and automation to India ITME 2026

From December 4 to 9, 2026, the Trützschler Group will present its latest innovations in spinning, card clothing and nonwovens at India ITME in Greater Noida, India. At Hall 11, Booth B15, visitors can discover solutions designed to increase productivity, reduce operating costs and ensure consistently high product quality. Key highlights include the intelligent card TC 26i, the 12-head comber TCO 21XL, innovative card clothing solutions for improved fiber utilization and quality, as well as advanced nonwovens technologies for hygiene, wipes and technical applications.

Itema brings textile versatility to ITMA ASIA + CITME 2026

Itema announces its participation in ITMA ASIA + CITME 2026, taking place November 20–24 at the National Exhibition and Convention Center in Shanghai. In Hall 3 – Stand D06, the company will showcase two Galileo-RX rapier weaving machines weaving heavy denim and conveyor belt fabrics, demonstrating its ability to address different textile requirements with application-specific configurations. Five additional Itema machines at partner booths will extend the exhibition lineup to upper shoe fabric, label, Jacquard leno fabrics, and shirting, offering visitors a broader view of Itema rapier and air-jet weaving technologies.