Green tie-ups: Indorama Ventures/Jiaren Chemical in jv for textile circularity; Avantium/Logoplaste to advance sustainable PEF packaging
Thailand-based Indorama Ventures’ Fibers business, a supplier of recycled technical textiles, polyester fibres and yarns, and Chinese chemical recycler Jiaren Chemical Recycling have formed a joint venture to accelerate circularity in the global textile industry and to unlock up to 100,000 tonnes/year of textile-recycled PET spinning capacity.
Indorama Ventures’ global manufacturing footprint across APAC, EMEA, and the Americas along with the company’s ability to build regional supply chains enable brand owners to establish local sourcing hubs where they need them. Jiaren Chemical Recyling’s ability to source, sort, de-colour, de and re-polymerise textile waste makes chemical textile recycling available at scale.
That means fibres and yarns from this recycled feedstock allow brand owners to realize their climate targets and reduce textile waste at scale, while maintaining well-known material performance for consumers.
Diego Boeri, Executive President of Indorama Ventures’ Fibers business, said: “Mismanaged textile waste as well as the next generation’s expectations regarding climate protection cannot be solved by one company alone. It requires significant investment in infrastructure, technology and operations. Only together, all value chain players can build circular business models. Regulators need to help nurture the appetite for required investments, in particular in Europe, and consumers need to understand a lot better what happens in today’s global material flows to make educated buying choices.
Fang Jiayu, Chief Commercial Officer (International Market) of Jiaren, confirmed the goal to lead from the front: “Already today, Jiaren Chemical Recycling is among the biggest PET textile chemical recyclers globally, and we are continuously expanding our capacity.”
He added by partnering with Indorama Ventures, it will allow the company to expand reach, helping to solve the world’s textile waste crisis, and secure diverse stable supply chains for brand owners and customers worldwide.
The closing of the joint venture is subject to relevant regulatory approvals.
In other news, Dutch renewable materials firm Avantium N.V has announced a capacity reservation agreement for its plant-based, recyclable polymer PEF (polyethylene furanoate), branded as releaf, with packaging maker Logoplaste Consultores Técnicos, SA.
Logoplaste and Avantium are collaborating as strategic partners within the Bottle Collective, a consortium dedicated to developing recyclable fibre-based bottles. This agreement further strengthens their partnership and supports the joint development of next-generation packaging solutions, extending beyond the paper bottle and into Logoplaste’s core business of high-performance bottles for beverages, food, pharma, home care, and personal care.
Logoplaste offers injection moulded and blow moulded packaging across a wide range of applications. The company’s focus on advanced barrier properties and sustainability aligns with Avantium’s pioneering work in releaf, a plant-based polymer designed for circular, high-performance packaging.
As strategic partners within the Bottle Collective - a consortium that includes leading brand owners such as Diageo, Opella (formerly Sanofi), and Haleon - Logoplaste and Avantium have already contributed to advancements in recyclable fibre-based packaging. This new agreement is designed to accelerate Logoplaste’s innovation pipeline, enabling the development of next-generation packaging solutions that reach beyond the Bottle Collective fiber bottles.
Under the now signed capacity reservation agreement, Logoplaste reserves future volumes of releaf from licensed plants utilising Avantium’s proprietary YXY technology for releaf production.
This reservation supports Logoplaste’s innovation pipeline for releaf-enabled packaging and anticipates increasing demand for releaf material upon successful completion of product validation, it adds.
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