#Recycling / Circular Economy

2021-11-25

Nusaned Investment™ enters deal for new plastic recycling plant in Rabigh to help boost local content and sustainability

Nusaned Investment™ a wholly-owned subsidiary of SABIC that operates as an autonomous investment company, has signed an investment agreement through Nusaned Fund, managed by

Al-Bilad Capital, with Green Kingdom Industries (GKI) and Italian Industrial group (AMUT) to set up a PET recycling plant in Rabigh, as part of its commitment to invest in industrial SMEs and contribute to the successful achievement of Vision 2030.

Under the new partnership, the plant will produce recycled PET flakes for food-grade usage to serve the local and Global markets.

Faisal Al-Bahair, CEO, Nusaned Investment, said: “We are proud of achieving another milestone in our efforts to align strategically with the objectives of Saudi Arabia as well as SABIC to support local content and enhancing the Kingdom’s competiveness globally. It also support SABIC’s commitment to establish a circular economy and meeting its wider sustainability goals.”

Fahad AlNaeem, Chief Investment Officer, Nusaned Investment, commented: “We are confident that our investment in the PET recycling plant will bring economic value to Saudi Arabia. We are hopeful of more such investments that help the Kingdom’s transformation into an important export hub.”

Eng. Gasem AlShiekh, Chairmon of the Board, Green Kingdom Industries, commented: “The agreement with Nusaned Investment™ and AMUT will help Green Kingdom Industries establish its local presence, open doors to access the global market, and fund its future growth.”

Performance Apparels: Functional textiles drive innovation at Techtextil 2026

From high-performance fibres and advanced membranes to smart textiles and sustainable material concepts – functional apparel is becoming one of the most dynamic innovation fields in technical textiles. At Techtextil 2026, exhibitors demonstrate how new materials, finishing technologies and digital functions are shaping the next generation of protective, workwear and outdoor systems.

Texprocess 2026: Automation, digitalisation and AI reshape textile processing

Investment decisions in textile processing have become increasingly complex. Rising energy prices, labour shortages and geopolitical uncertainties are forcing companies to prioritise technologies that deliver measurable improvements in efficiency and process stability. This applies not only to apparel production, but also to the processing of technical textiles and high-performance materials. Modernisation projects are therefore being evaluated more selectively – but the pressure to upgrade production systems continues to grow. Texprocess 2026 reflects this tension between cautious investment behaviour and increasing technological demand.

Textile Chemicals & Dyes: Innovation in Textile Chemistry moves into focus at Techtextil 2026

From PFAS-free finishes and water-saving dyeing technologies to advanced coatings and recycling-compatible formulations, innovation in textile chemistry is accelerating across the industry. Reflecting this development, Techtextil 2026 introduces Textile Chemicals & Dyes as a dedicated product segment, highlighting the growing role of chemical solutions in shaping the next generation of technical textiles.

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.

Reju secures €135 Million in Dutch NIKI Funding for industrial-scale textile-to-textile regeneration hub at Chemelot Industrial Park, the Netherlands

Reju™, the progressive textile-to-textile regeneration company, has been awarded €135 million in funding under the Netherlands’ Nationale Investeringsregeling Klimaatprojecten Industrie (NIKI) program. The funding will support Reju’s planned industrial-scale Regeneration Hub at Chemelot Industrial Park in Sittard-Geleen, covering both the investment phase and ongoing operations, and represents a critical milestone on the path toward final investment decision.

eeden is now a Canopy partner

eeden is committed to enable circular textiles by developing recycling technologies that turn textile waste into valuable raw materials. But the commitment goes further – eeden advocates for supply chain solutions that uphold responsible environmental and ethical standards, protecting global ecosystems including Ancient and Endangered Forests.

Carbios confirms Longlaville plant in France following financing progress

Carbios has reaffirmed its plans to build its Longlaville plant in France within a project financing framework, targeting the start of production in the first half of 2028. The company also reports a solid cash position of around €60 million at the end of 2025 and has appointed Benoît Grenot as Deputy Chief Executive Officer to support the execution of its strategic projects.

JEC World 2026 confirms its standing as the unmissable event for composites and their applications

JEC World 2026 confirms its position as the leading global event for the composite materials industry and its applications across multiple sectors, bringing together the entire composites ecosystem in Paris for three days of business, innovation, and collaboration. True to its Pushing the Limits motto, the 2026 edition delivered outstanding results despite travel disruptions worldwide. The numbers speak for themselves: more than 1,400 exhibitors from over 50 countries, including over 150 first-timers, presented a global panorama of products, equipment, and services across the entire composites value chain.

Covestro to exhibit solutions for a more sustainable and productive textile industry at Techtextil 2026

Covestro will present a broad portfolio of material innovations for textile coatings, adhesive films and thermoplastic polyurethanes (TPUs) at Techtextil 2026 (Hall 11.0, Booth C79). The exhibits will demonstrate how advanced solutions can enhance durability, recyclability and manufacturing efficiency across applications such as automotive, infrastructure, protective apparel and sportswear. A particular focus will be on more sustainable coating technologies, including antimicrobial systems based on INSQIN® in combination with AGXX from Heraeus Precious Metals, as well as the integration of Pontacol® thermoplastic adhesive films into Covestro’s offering.