Circulating Textile Waste Into Value

Industry
Sustainability
24.06.2022

The ReHubs initiative brings together key European and world players to solve the European textile waste problem by transforming “waste” into a resource, and to boost the textile circular business model on a large scale.

This collaboration is set to turn the societal textile waste issue into a business opportunity and to fulfil the EU ambitions of the Green Deal, the mandatory textile waste collection by the end of 2024 and the transition into a Circular Economy.

The goals

  • EURATEX’s ReHubs initiative plans to pursue fiber-to-fiber recycling for 2.5 million of textile waste by 2030
  • According ReHubs Techno Economic Master Study (TES), the textile recycling industry could generate in Europe around 15,000 direct new jobs by 2030, and increase need for nearshoring and reshoring of textile manufacturing
  • The textile recycling industry in Europe could reach Economic, social and environmental benefits of €3.5 billion to €4.5 billion by 2030​​​
  • “TransformWaste into Feedstock” was announced as the first project supported by the ReHubs, and aims at building up a first 50,000 tons capacity facility by 2024.

Read more here.