Recycled cotton fibre producer Recover has unveiled its new facility in Bangladesh which is aiming to provide a fully closed-loop solution. The new Recover Bangladesh facility comes fully equipped with Recover’s proprietary machinery, as well as RColorBlend installation, Recover’s innovative technology that provides fibre blends with colour, with a lower environmental impact.
The new facility is located in Dhaka, and it's an integral part of Recover’s strategy for growth and scalability with its recent partnership with Story3 Capital, an alternative investment manager. This new facility will help Recover support increasing global demand for recycled sustainable fibre. Surging demand is due to the recent push from big brands to achieve circularity and become environmentally friendly.
Location in Bangladesh provides Recover unprecedented access to both textile waste and textile manufacturing. This location will enable Recover to achieve its scalable ambition and place it close to the supply and demand, reducing the carbon impact of transport. Asia is one of the largest cotton wastes producing regions and by establishing a presence in Bangladesh, Recover says it can provide a fully closed-loop solution.
Bangladesh produces 400K of textile waste annually of which only 5% is recycled. Notably, most global fashion brands are now shifting to recycled yarns in producing apparel products and, yarn holds only 5% of the global market.
Recover is on a mission to scale its proprietary technology to make a lasting positive impact on the environment and partner with brands and retailers and other change-makers to meet the industry’s sustainability targets. The facility in Bangladesh is the second of its three recycle hubs for Recover. They are planning to set up another six recycle units.