#Recycling / Circular Economy

2021-02-18

Lenzing participates in Circular Fashion Partnership

The Circular Fashion Partnership provides an efficient platform for Lenzing to contribute to a long-term, scalable transition to circular fashion. The cross-sectorial project has been initiated by Global Fashion Agenda, the leading forum for industry collaboration and public-private cooperation on fashion sustainability.

Lenzing has joined forces with more than 30 renowned fashion brands, manufacturers and recyclers to capture and reuse textile waste in Bangladesh.

By participating in the Circular Fashion Partnership, Lenzing proactively contributes to the development and implementation of new systems to capture and direct post-production fashion waste back into the production of new fashion products. In addition, the partnership seeks to find solutions for the COVID-19 related pile-up of deadstock and to engage regulators and investors around the current barriers and economic opportunities in Bangladesh. The initiative offers a substantial opportunity for Bangladesh to become a leader in circularity by scaling the recycling capacity in the country and generating more value from these waste streams.

“In close cooperation with leading companies who attach particular importance to sustainability we aim to practice new business models for adopting more circular processes. Together we will facilitate a decrease in textile waste and increase the use of recycled fibers," explains Stefan Doboczky, CEO of Lenzing Group.

As a frontrunner in sustainability, Lenzing aims to make textile recycling a process as common as paper recycling. Since the year 2017, its REFIBRA™ technology successfully combines the environmentally responsible lyocell technology with a closed-loop production process and the upcycling of cotton waste materials. While the fiber is currently available with 30 percent recycled textiles as a raw material, it is Lenzing’s vision to offer fibers produced with REFIBRA™ technology with up to 50 percent recycled content from post-consumer waste by 2024.

Find out more about the Circular Fashion Partnership:

https://www.globalfashionagenda.com/#

Lenzing reports improved half-year results and advances strategic transformation

Despite a persistently challenging market environment in the first half of 2026, characterized by volatile energy and raw material prices, subdued global consumer demand and intensified competition from Asia, the Lenzing Group significantly improved its financial performance. Net result after tax more than doubled to EUR 35.6 million, compared with EUR 15.2 million in the first half of 2025. Free cash flow increased to EUR 45.8 million, while EBITDA amounted to EUR 239.2 million. Revenue totaled EUR 1.27 billion, compared with EUR 1.34 billion in the previous year.

TENCEL™ Lyocell - HV100 achieves global denim availability in six months; Vol. 2 debuts at Kingpins Amsterdam

When TENCEL™ Lyocell - HV100 debuted at last year’s Kingpins Amsterdam in October, 17 mill partners across five countries presented fabrics featuring the new fiber. Just six months on, participation has more than doubled, evolving into a global network that spans nine countries and four continents, signaling both strong industry momentum and growing demand.

Managed workwear services are providing a blueprint for the circular textile economy

Managed workwear service providers are demonstrating how commercial success and circularity can go hand in hand by extending garment lifespans through repair, laundering, reuse and recycling, according to “Managed workwear services—a circular textile economy ahead of the game”, a new 14‑page report from the global business information company Textiles Intelligence.

Eco-design as the foundation of circular textiles

Based on the results of an extensive European analysis, the Erasmus+ project Skills4Circularity is currently developing three practice-based training modules covering recycling technologies, eco-design for the circular economy and sustainable manufacturing. This was preceded by a comprehensive company survey and a joint analysis conducted by the project partners under the leadership of IVGT. The results show that the greatest challenges lie not so much in a lack of technology as in skills gaps.

Usha Yarns secures growth equity investment from Fullerton Carbon Action Fund

Usha Yarns Limited (“Usha Yarns”), a producer of high-quality recycled yarns with advanced, well established production processes, announced a growth equity investment from the Fullerton Carbon Action Fund (“Fullerton”), a private equity strategy managed by Fullerton Fund Management that backs established mid-market companies across Emerging Asia to accelerate decarbonisation.

PERFORMANCE DAYS announces new focus topic & forums for October 2026

With its upcoming October 13–14, 2026 edition, PERFORMANCE DAYS is placing the spotlight on one of the textile industry’s most important transformations: “Bio-Based Materials – From Fiber to Fabric”, a two-part Focus Topic exploring the future of bio-based innovation across the textile value chain. Part 1, presented in October 2026, will focus on fibers and next-generation material developments, while Part 2 at the March 2027 edition will shift the perspective toward dyeing, finishing, additives, and processing technologies.

Febratex 2026 to be the largest edition of the leading textile trade fair in the Americas with 10 exhibition halls

Febratex 2026 will be the largest edition in the history of the leading textile trade fair in the Americas. Dedicated to the textile and apparel manufacturing industries, the event will take place from August 18–21, 2026, in Blumenau, Santa Catarina, Brazil, with a strong focus on technology, sustainability, and business generation.

Cotton Brazil Dialogues field trip brings international stakeholders closer to Brazil’s cotton production chain

How do you build trust across the global textile value chain? By opening the farm gates. This is the principle behind the Cotton Brazil Dialogues. At the end of July, the programme welcomed its first group of international participants for a five-day immersion into Brazilian cotton production, combining field visits with technical workshops to showcase the quality, sustainability, innovation and traceability behind one of the world’s leading cotton origins.