H&M

RGE Pte Ltd joins investors including H&M Group, Virala and Fortum to help Infinited Fiber Company scale up its technology that turns textile waste into new fibres. The company also leased facilities in Valkeakoski, Finland for a new 500-ton per year pre-commercial plant starting in early 2020.

TreeToTextile, a joint venture of H&M Group, Inter Ikea Group and Lars Stigsson, partnered with Stora Enso to build a demonstration plant for sustainable textile fibre at a Stora Enso facility in Finland.

Novetex's Taipo Eco-friendly Cotton Mill, a 19,000-square-feet textile recycling plant in Tai Po Industrial Estate, Hong Kong, will start recycling yarn from textile waste in autumn 2018, with H&M as its first client.