#Recycling / Circular Economy

2021-10-21

Plastic Energy announces final investment decision and start of construction works for advanced recycling plant in France

Plastic Energy has today announced the final investment decision and start of construction for its advanced recycling plant in northern France. The large-scale recycling plant will have a capacity of 25,000 tonnes of plastic waste per annum, with plans to scale-up to 33,000 tonnes in the near future, and will be adjacent to ExxonMobil’s Notre Dame de Gravenchon petrochemical complex.

FID for advanced recycling project near Le Havre, France, has been reached after announcement of initial collaboration agreement with ExxonMobil in March 2021

Civil works have begun on the large-scale 25,000 tonne/annum recycling plant for end-of-life plastics, with start-up anticipated for 2023

Plans were finalised after the project was awarded the necessary environmental permits to begin construction in July

The announcement of the FID and start of civil works comes after the granting of environmental permits for the project in July of 2021. These permits ensure that the Plastic Energy plant will abide by all European environmental regulations from construction to continuous operation.

Earlier this year, Plastic Energy signed an offtake collaboration agreement with ExxonMobil. As per the agreement, TACOIL (or recycled oils) from this Plastic Energy plant will be used by ExxonMobil to create virgin-quality certified circular polymers and other high-value products. Start-up of the advanced recycling plant is anticipated in 2023.

Plastic Energy is a global leader in advanced recycling, specialising in recycling end-of-life plastics that would otherwise be destined for landfill, incineration or end up in the environment. The company’s patented, innovative technology transforms plastic waste into raw materials that can be used as a substitute for fossil oils in the manufacturing of virgin- quality food-grade packaging.

“We are excited to announce that construction is going ahead for our large-scale advanced recycling plant in France, which will recycle mixed post-consumer plastic waste,” said Carlos Monreal, Founder and CEO of Plastic Energy. “Through our collaboration with ExxonMobil, we are working towards making plastics more sustainable for the future.”

“ExxonMobil is investing in projects around the world that help society address the challenge of plastic waste in the environment,” said Loic Vivier, senior vice president of Performance Derivatives, ExxonMobil Chemical Company. “With the addition of well- designed policies and collaboration across industries, the advanced recycling opportunities we are evaluating and executing have the potential for large-scale, game-changing improvements to the circularity of plastic products.”

The construction of this plant will benefit the circular economy in France by diverting plastic waste from linear treatments, and reducing both plastic waste in the environment, and the depletion of natural resources.

This project has received financial support from the French government as part of their Plan de Relance and Regional Planning Grant Scheme.

“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.