#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.”

“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.

20 Start-Ups selected for CEMATEX Start-Up Grant at ITMA 2027

CEMATEX has selected 20 emerging start-ups from nine countries to receive the CEMATEX Start-Up Grant and showcase their innovations at Start-Up Valley during ITMA 2027 in Hanover. Their participation will be fully funded by CEMATEX, giving promising early-stage companies access to the world’s leading textile and garment technology platform.

Moving Advanced Recycling from Innovation to Implementation

The Advanced Recycling Conference 2026 explores technologies, markets, financing and scale-up of innovative recycling solutions for waste streams including mixed plastic waste, textiles and PVC. Europe’s chemical and materials sector faces growing pressure to close carbon loops, strengthen raw-material safety and resilience and meet increasingly ambitious EU recycling targets. Against this backdrop, the Advanced Recycling Conference (ARC) will bring together industry leaders, technology providers, researchers, innovators and policy-makers on 17–18 November 2026 in Cologne, Germany.

KARL MAYER invites the Global Textile Industry to celebrate its 90th anniversary at its German Headquarters in 2027

KARL MAYER is turning its anniversary year 2027 into a milestone for the textile sector. To mark its 90th anniversary, the industry leader is inviting customers, partners, and experts from around the world to a unique event series in September aimed at pushing boundaries, unlocking new opportunities, and jointly setting the course for a new era in textiles – just as KARL MAYER has done throughout its history. The company’s headquarters in Obertshausen, near Frankfurt, is the place to be.

Durak Maxibalance thread supports users’ movement and balance comfort

Durak Tekstil, a leading brand in its industry, has developed Durak Maxibalance, a new product engineered with bio-ceramic and FAR IR technology. Ushering in a new era for sportswear, activewear, and medical textiles, this technology offers features designed to support balance and movement comfort by reflecting the energy absorbed from the body back into it.

Yarn Expo Autumn 2026 draws to a close, weaving sustainable innovation into global sourcing

Yarn Expo Autumn 2026 concluded with approximately 600 exhibitors from 14 countries and regions, connecting with nearly 22,000 visitors from 110 represented markets, bringing the textile industry’s evolving material agenda into sharper focus. Held alongside Intertextile Shanghai Apparel Fabrics – Autumn Edition, CHIC and PH Value, the fair connected upstream fibre and yarn innovation with fabric development, garment production and fashion-market demand.