#Recycled Fibers

2026-06-04

Carbios and Wankai postpone startup of China’s first PET biorecycling plant to 2028

The industrial deployment of enzymatic PET recycling in Asia is progressing, but at a slower pace than initially planned. French recycling technology company Carbios and its Chinese partner Wankai New Materials have announced that the commissioning of their planned PET biorecycling facility in Haining, Zhejiang Province, has been postponed and is now expected in the first half of 2028.

The project remains a key element of the strategic partnership between the two companies and is intended to become China’s first industrial-scale PET biorecycling plant. Once operational, the facility will process up to 50,000 tonnes of PET waste annually using Carbios’ enzymatic recycling technology.

According to Carbios, progress continues on the preparatory activities required for the project, including engineering and coordination work related to the construction phase, as well as the validation of locally available PET waste streams. However, the company stated that additional technical work is required to adapt the innovative process to the specific characteristics of the Haining site.

As a consequence of the revised timeline, Carbios and Wankai have also agreed to postpone Wankai’s planned €5 million investment in Carbios through a dedicated capital increase. Originally scheduled for the first half of 2026, the transaction is now expected to be completed by the end of the year, subject to the necessary regulatory approvals in China.

Despite the delay, Carbios emphasized that its financial position remains solid. The company reported a Group cash position of €59 million at the end of fiscal year 2025, providing sufficient resources to fund operations and continue advancing its strategic projects.

The Haining plant is expected to serve as an important milestone in the industrialization of enzymatic PET recycling in Asia and a key reference project for the broader commercialization of Carbios’ technology.

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.

CARBIOS and Wankai sign strategic PET biorecycling pact

CARBIOS (Euronext Growth Paris: ALCRB) and Wankai New Materials (“Wankai”), a listed subsidiary of Zhink Group, the 3rd largest PET producer in China and 4th worldwide, announce the signing of the definitive agreement establishing a strategic partnership for the industrial rollout of CARBIOS’s PET biorecycling technology in Asia. The first milestone will be the construction of a PET biorecycling plant in China.

CARBIOS presents its 2025 half-year results and confirms its objective to build a PET biorecycling plant, with a revised timeline

CARBIOS (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies aimed at reinventing the lifecycle of plastics and textiles, today announces its 2025 half-year results and confirms its objective to build a PET biorecycling plant in Longlaville, with a revised timeline.

Expansive innovations converge in Shanghai as Yarn Expo Autumn 2026 opens doors next week

With just days to go, industry enthusiasm is building for the opening of Yarn Expo Autumn, Asia’s premier yarn and fibre trade fair, running from 25 – 27 August at the National Exhibition and Convention Center (Shanghai). Across 27,000 sqm in Hall 8.2, buyers will find nearly 600 exhibitors from 14 countries and regions, spread across seven specialised zones that range from cutting-edge man-made and regenerated fibres to time-honoured cashmere and silk. Beyond the extensive sourcing options, a fringe programme of trend showcases, presentations and product launches rounds out the three¬day event with design, innovation and market intelligence.

Naia™ from Eastman strengthens western hemisphere textile connections at Apparel Sourcing Show Guatemala

As brands and retailers explore more diversified and responsive sourcing networks, the Naia™ brand from Eastman is strengthening its engagement with the textile and apparel value chain across the western hemisphere. From August 18–20, the company will participate for the first time in Apparel Sourcing Show Guatemala, a regional meeting point for apparel sourcing, manufacturing and nearshoring.

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.

DOMOTEX Southeast Asia 2026 - Building the Gateway to ASEAN's fast-growing flooring market

From 11–13 November 2026, the inaugural DOMOTEX Southeast Asia will take place at BITEC (Bangkok International Trade & Exhibition Centre) in Bangkok, Thailand. Jointly organized by GLOBUS Events Limited and Hannover Milano Fairs Shanghai Ltd., with Worldex G.E.C. Co., Ltd. as the local partner, the exhibition marks the expansion of the internationally recognized DOMOTEX brand into Southeast Asia. As the newest addition to the global DOMOTEX portfolio, the exhibition has been developed specifically to serve the rapidly evolving ASEAN market, creating a dedicated business event for the flooring and interior finishing industry.

Execs help steer Cascale’s consumer goods agenda in Athens

The 2026 Cascale Annual Meeting, taking place September 15–17 in Athens, Greece, will convene leaders from across the global consumer goods value chain to tackle one of the industry’s defining questions: how to accelerate meaningful, system-wide transformation. Guiding those conversations as this year’s co-chairs are Sean Cady, vice president, global sustainability, responsibility, trade, and government affairs at VF Corporation, and Dr. Delman Lee, vice chair at TAL Apparel Limited.

YKK launches no. 3 size of QuickFree® click-TRAK® magnetic zipper globally

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) has begun the global rollout of the No. 3 size of its QuickFree® click-TRAK® Magnetic zipper, expanding availability beyond China for the first time. While maintaining the same functionality and ease of operation, the No. 3 size is approximately 60% the size of the No. 5 size *1. This enables applications in lightweight garments, sportswear, hooded apparel, and other similar uses.