not be consolidated by Carbios. If finalised, the financial structure under
consideration would cover the estimated construction cost of €230m, as well as all costs related to start-up. Stakeholders now hope to finalise the financing plan, with a view to closing the deal by Q3 2026. Production at the Longlaville plant is then expected to commence in the first half of 2028.
In early June, Carbios announced a
By leveraging RE&UP’s technology, ONLY converts end-of-life textiles into fibres that meet the same standards as virgin materials. Image: ONLY/ RE&UP
“Our partnership with Syre represents a shift in our materials strategy and how we source,” said Sitora Muzafarova, VP Materials Supply Chain, Nike.” The partnership further strengthens the
foundation for Syre’s expansion and adds significant momentum to its growing customer lineup, which already includes H&M Group, Gap, Houdini Sportswear, and Target. The collaboration with Target, announced in May, is expected to enable the use of 70,000 tonnes of polyester made from end-of-life textiles, with product integration expected by 2030. Syre has also entered a collaboration with
Japanese chemical recycling company Jeplan. This is expected to continue accelerating Syre’s timeline to full commercialization, including targeting multi-ton volumes of textile-to-textile generated polyester in late 2026 suitable for spinning validation and product line samples with brands. T2T recycling technology group RE&UP
has partnered with ONLY, Bestseller’s leading women’s brand. Designed to work at scale without compromising quality, the ONLY program converted over 11 styles from conventional polyester to RE&UP’s Next-Gen Polyester, equating to more than 100,000 T-shirts. “This project proves that scaling the
production of recycled polyester from textile waste is achievable,” said Ozgur Atsan, Chief Commercial Officer at RE&UP. “Transforming the industry is undoubtedly a complex and lengthy process, but initiatives like this demonstrate we are making progress.”
RE&UP has also entered a strategic partnership with American denim brand
Madewell and global fabric manufacturer ISKO designed to transform approximately 20,000 pairs of post-consumer jeans into high-quality recycled feedstock for a T2T recycled denim capsule. RE&UP’s propri- etary process provides a feedstock-agnostic capacity, capable of handling diverse polycotton blends and turning them into a ‘raw canvas’ for new production. The resulting fibres were provided to ISKO where they were engineered into GRS- certified fabrics that maintain the required stretch, strength and comfort. Marco Lucietti, Head of Global Marketing
& Communications at RE&UP, said: “This is a blueprint for how brands can utilise their own take-back streams to create a repeat- able, closed-loop production cycle.”
Carbios update Carbios has re-confirmed its objective to build an industrial-scale enzymatic recycling plant for polyester in Longlaville, France, after facing significant delays due to financing issues. At the time of writing, the company said discussions aimed at finalising the financing structure required to resume the project are “progressing constructively” but not yet completed. In addition to the €42.5m public funding that has been contractually secured, the financing of Carbios 54 (the entity created to operate the project) would come from debt financing, equity contributions from French partners under a project-financing scheme, and an equity contribution from Carbios itself. These contributions would effectively make Carbios a minority, non-controlling shareholder, so the debt and financial results of Carbios 54 would
setback at its Wankai project in Asia. Commissioning of this plant, located in Haining, Zhejiang Province, in China has been postponed and is now expected to take place by H1 2028. This delay is due to the innovative nature of the process developed by Carbios, which entails additional technical work to adapt to the specific characteristics of the site. Carbios and Wankai have agreed to postpone until the end of December Wankai’s subscription to a dedicated capital increase of €5m in Carbios’ share capital. Carbios said it closed fiscal year 2025 with a solid cash position of €59m, enabling it to cover its operating expenses well beyond the next 12 months. This provides the company with the necessary resources for its strategic priorities and to continue advancing its projects, it said. DePoly is planning to take its polyester
depolymerisation process to commercial production in 2027, following the opening of its 500 tonnes/yr demonstration plant in Monthey, Switzerland last year. In the mean- time, it has worked with Odlo, the Swiss performance apparel brand, on an innova- tion project in which production cut-offs from Odlo’s base layer factory were recycled into virgin-quality polyester fabric. UK-based Worn Again Technologies is
making progress with its technology to separate and recycle polyester-cotton blends. It recently started up its Accelerator plant in Winterthur, Switzerland, for real-world validation of its process (see more on this plant in Innovation section).
1. Textile Exchange, Materials Market Report 2025.
•
www.reju.com •
www.syre.com •
www.nike.com •
https://reandup.com •
www.only.com •
www.carbios.com •
www.depoly.co •
www.wornagain.co.uk
Textiles Loop • Summer 2026 13
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