#Recycling / Circular Economy

2023-05-11

Sabic and global chemical companies sign agreement with TNO for R&D hub for plastic waste processing

SABIC, a global leader in the chemical industry, together with BASF, Covestro, Dow, LyondellBasell, Mitsubishi Chemical, SABIC and Solvay have signed the agreement with renowned Dutch innovation organisation, TNO, which will host the new Hub and execute the R&D projects. The first set of projects is set to launch in the second half of 2023.

As a private sector driven initiative, the R&D Hub projects are aimed at making significant strides towards more sustainable plastic waste processing and help address industry-specific topics related to the development of mechanical and chemical recycling routes.

"With the launch of its first project, the LCET has demonstrated its role as an 'incubator' for collaborative action to accelerate greenhouse gas (GHG) reduction in the chemical production value chain," said Abdulrahman Al-Fageeh, CEO of SABIC and LCET Co-Chair. "Improving recycling rates can significantly contribute to our progress toward a circular carbon economy, and by bringing together the knowledge and expertise of our companies, we can find new ways to drive net-zero solutions".

Martin Brudermueller, LCET Chair and Chairman of the Board of Executive Directors of BASF SE, said: "Finding solutions to protect our climate is a global, societal task that will only succeed if we all contribute with our best ideas. Launching the first spin-off project out of the LCET initiative is a significant achievement and milestone for all the member companies. This enables us to develop breakthrough technologies while sharing early-stage risks. Bringing together seven leaders operating in the same marketplace demonstrates the collaborative spirit in the LCET-initiative that transforms ambition into action."

TNO will lead the technology development, Henk-Jan Vink, Managing Director at TNO adds: "We are very proud to be selected as the host and orchestrator of this great initiative. This unique co-creation between the LCET members, our experts and innovation partners will result in practical and disruptive technology solutions to allow increased levels of circular plastics with a lower environmental footprint. TNO is confident to further build on its experience in the field of circular modelling, packaging and materials know-how and provide the industry with fit-for-use solutions."

The R&D Hub is the first project to be launched out of the LCET initiative, with further projects in the development stage for 2023.

Industrial scale meets verified governance: RE&UP is now B Corp™ certified

RE&UP, the circular-tech transforming global textile waste into high-volume Next-Gen materials, has officially become a Certified B Corporation™. The milestone establishes the industrial recycler among a select group of manufacturing infrastructure providers verified as meeting B Lab Standards for social and environmental performance, transparency, and accountability.

Recover™ and Ünteks Group partner to scale recycled cotton in knitwear

Recover(TM), a global producer of low‐impact, high‐quality recycled cotton fiber, announces a new partnership with Ünteks Group, a vertically integrated textile manufacturer based in Turkey. The collaboration focuses on the development of circular knit fabrics and garments, combining Recover’s recycled cotton fiber with Ünteks Group’s integrated capabilities across knitting, dyeing, printing, and garment production.

ALADIN paves the way for circular and demand-driven textile production in Europe

Textile production can be organized sustainably by utilizing short supply chains and preventing overproduction. This can already be achieved today by intelligently connecting and efficiently utilizing existing infrastructure. At the same time, production becomes circular when innovative technologies and materials are used that enable high-quality recycling. The ALADIN research project, launched in May 2026 and co-funded with five million euros under the EU Horizon Europe program, is creating the conditions for this.

Ence and ShareTex begin initial testing of the ATENEA innovation project to promote textile recycling in Spain

Ence and ShareTex are making progress on the Atenea R&D project, which aims to develop a complete value chain for textile recycling in Spain. Specifically, the goal of the ATENEA project—which is funded by the Center for Technological Development and Innovation (CDTI)—is to connect all the necessary stages for the recovery of textile waste, from collection and management, through recycling and transformation into new raw materials, to their incorporation into new textile products.

Rieter sees Barmag integration on track as orders and sales rise

The first half of 2026 was shaped by the successful completion of the largest acquisition in Rieter’s history. The Man-Made Fiber Division enables entry into the growth segment of man-made fibers and sustainably strengthens Rieter’s market position in the Asia region. The expanded Group is now the world’s leading system supplier for the processing of natural and man-made fibers. In the first half of the year, initial cost savings in material costs and operating expenses have already been realized. The targeted synergies are expected to amount to at least CHF 20 million by the end of the 2028 financial year. Due to the completion of the acquisition on February 2, 2026, the first half of the year for the Man-Made Fiber Division only amounts to five months.