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Envoy Textiles to build waste fabric recycling plant in Bhaluka · Endata

◂ Announcements

Sep 7, 2024INVESTMENTBhaluka, Mymensingh, Bangladesh

Envoy Textiles to build waste fabric recycling plant in Bhaluka

Envoy Textiles Limited plans to invest Tk 23.70 crore in a waste fabric recycling plant at its factory in Bhaluka, Mymensingh, Bangladesh, expected to be operational by June 2025.

Value

$2.82M (237.0M BDT)

Starts operating

Jun 2025

Status

Announced

Capacity

12 tonnes of waste fabric per day

Productsrecycled fibre from waste fabric

CompaniesEnvoy Textiles

Sectors#Industrial Textiles

“The plant, expected to be operational by June 2025, will convert local and in-house waste fabrics into high-quality recycled fibre.”bangladeshtextilejournal.com

2 sources
bangladeshtextilejournal.comInvesting in Sustainable Fabric Recycling plant by Envoy Textiles - Bangladesh Textile Journal | News and Analysis | Research Articles | InterviewsBTJSep 7, 2024
investbangladesh.coInvest BangladeshSep 17, 2024

Summarized from public sources; check the original articles before acting on it.

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Nov 10, 2024EXPANSIONBangladesh$11.5Mops Dec 2025
Envoy Textiles to invest Tk97 crore in new spinning unit for blended yarn
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Dec 12, 2022EXPANSIONBhaluka, Mymensingh, Bangladesh$11.2M
Envoy Textiles to invest $11.2 million in denim yarn spinning unit in Mymensingh
Envoy Textiles Asian Development Bank investor textiletoday.com.bd
Dec 6, 2022INVESTMENTBangladesh$11.4M
Envoy Textiles finalizes €10.8M loan from ADB for second spinning unit
Envoy Textiles Asian Development Bank investor thefinancialexpress.com.bd

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