#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.

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.

The textile industry in transition

Recycling, traceability, eco-design and digitalisation are among the key future challenges facing the European textile industry. The Erasmus+ project Skills4Circularity, involving 21 partners from twelve countries, is investigating the skills required to address these challenges. As the German industry partner, the Industry Association for Finishing – Yarns – Fabrics – Technical Textiles (IVGT) is bringing the industry’s perspective to the project.

"We will become a recycling powerhouse"

The textile industry is now in its fourth consecutive year of crisis, while automation, artificial intelligence and recycling are reshaping the rules of the game. In this interview, Rieter CEO Thomas Oetterli discusses the first signs of a market recovery, reflects on his first three years at the helm of the company, explains the integration of Barmag, outlines Rieter’s vision of the fully automated spinning mill and highlights the strategic importance of recycling. In doing so, he explains why the new Rieter Group aims to play a leading role in transforming the textile value chain into a circular economy.

Countdown to Textiles Recycling Expo 2026: Brussels prepares for Europe’s textile recycling gathering

With only two weeks remaining until the start of the second edition of the Textiles Recycling Expo 2026, preparations are entering the final phase. The exhibition and conference, dedicated exclusively to textile recycling and circularity, will take place on 24–25 June 2026 at Brussels Expo and is expected to attract stakeholders from across the textile recycling value chain.

Indorama Ventures enables brands to scale circular textiles through proven, traceable supply chains

Indorama Ventures, a global leader in recycled polyester staple fibers and filament yarns, will exhibit at Textiles Recycling Expo in Brussels on June 24–25. At the event, the company will show how brands and textile manufacturers can build traceable, circular textile supply chains by working with proven partners who deliver recycled materials on an industrial scale.

Bremen Cotton Exchange: Fritz A. Grobien re-elected as President

The members of the Bremen Cotton Exchange have re-elected Fritz A. Grobien as President during the association’s 152nd General Assembly on June 18, 2026. The election confirms the organization’s commitment to maintaining its role as a leading international platform for the cotton and fiber industry amid a period of geopolitical and economic uncertainty.

Organic cotton at the crossroads: Ideology, evidence, and the road ahead

Organic cotton occupies one of the most contentious spaces in global agriculture. While praised by brands and consumers for its environmental ideals, it also faces persistent questions about yield stability, certification integrity, and scalability. The current edition of The ICAC Recorder cuts through the ideology to deliver a rigorous, evidence-based assessment of both sides of the debate.

New spinning package with two-step filtration for recycled yarns and more

At the ITM in Istanbul, BB Engineering unveiled its new, patented ValuePack spinning package for the first time, which features a two-stage filtration system. This is particularly beneficial for re-cycling processes. Until now, spinning packs have used either metal powder (“sand”) or filter candles as filter media. Both options are suitable for differ-ent applications, and each has its own specific advantages and dis-advantages.

ITMA 2027 gains strong momentum

In line with the theme "Co-creating the future of textiles", ITMA continues to strengthen its support for start-ups, recognising their role in driving innovation and shaping the future of textile and garment manufacturing. Through the Start-Up Valley, emerging companies gain access to a global marketplace where they can connect with industry leaders, potential partners, investors and customers.