#Recycling / Circular Economy

2021-04-29

‘Circular Innovation Challenge’ Competition Launched International Organizations Partner with Indorama Ventures to build Circular

Indorama Ventures Public Company Limited (IVL), a global chemical producer and recycler, launched ‘The Circular Innovation Challenge’ together with partners including SEAMEO Regional Centre for Sufficiency Economy Philosophy for Sustainability; SDG Lab: School of Global Studies at Thammasat University; United Nations Development Programme (UNDP); and United Nations International Children's Emergency Fund (UNICEF).

Enabling Young Innovators to Solve Environmental Challenges for Society

The competition invites young people (ages 16-30) to create innovative and practical ideas addressing the circular economy, the mismanagement of plastic waste and hygiene issues to win prizes totalling 200,000 baht. Contestants will also have a chance to develop their innovations through workshops advised by experts from leading international organizations.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures, said, “We are proud to support the Circular Innovation Challenge competition to give young people the tools and space to build the circular economy of tomorrow, as well as to learn first-hand from experts. We hope this project will create greater understanding of the circular economy in Thailand and promote the benefits of using recycled products. Great innovations make the circular economy go round, just like our PET bottle recycling keeps products in the economy and out of the environment. For example, we are the first Thai company to successfully recycle PET bottles into yarns to make medical-grade PPE coveralls, which are washable, reusable and replace single-use ones.”

As the world’s largest PET producer and recycler, Indorama Ventures believes that recycling is at the heart of a circular economy and is a practical approach to waste reduction. We have partnered with numerous local and international organizations to support increased use of recycled products. The company has set a goal to increase its recycling capacity to give new life to 50 billion PET bottles per year by 2025.

Assistant Professor Dr. Prapaporn Tivayanond Mongkhonvanit, Dean of the School of Global Studies and initiator of the Circular Innovation Challenge competition under SDG Lab: School of Global Studies, said, “The Circular Innovation Challenge competition aims to build awareness of circular economies in Thailand and provide necessary skills for young innovators to develop solutions that have a positive impact on society and the environment. This project is hosted in a Hackathon format, in which participants compete to brainstorm ideas within a time limit to solve waste management problems. Each team of 3-5 members will work together to design solutions towards a sustainable zero-waste society within 1 month. Participants will also join workshops led by Youth Co: Lab to build knowledge and develop skills for creating social innovations, as well as to gain experience from international experts. In the final round, 10 items will be presented to the judges. The winning teams will be awarded prizes valued at a total of 200,000 baht and given an opportunity to develop their projects for practical and commercial use.”

Renaud Meyer, Deputy Resident Representative at UNDP Thailand, said, “Waste issues constitute a growing threat to our environment and human wellbeing, affecting in particular marine resources, terrestrial biodiversity and public health. While the ongoing COVID-19 pandemic has further highlighted the vulnerabilities of current waste management systems and infrastructures to fluctuations in waste generation, it also presents us an opportunity to rebuild using more sustainable models, create green and resilient livelihoods, and advance innovation. At UNDP, we believe that innovation can play an essential role in addressing waste management issues and that’s why, in Thailand, we have been providing technical and financial support to projects led by young social entrepreneurs and communities to test innovative approaches and practices for waste management through a circular economy approach. The circular economy concept not only offers us a pathway to more sustainable resource management but also helps deliver many of the Sustainable Development Goals (SDGs), including Goal 12 on ensuring sustainable consumption and production patterns.”

Find information and updates of the Circular Innovation Challenge competition at?:

https://www.facebook.com/tucircularinnovation

https://sgs.tu.ac.th/tucircularinnovation

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

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.