Tag: REMONDIS

H&M Group and Remondis create joint venture to collect, sort and sell used and unwanted garments and textiles

Stuart Mitchell

Looper Textile Co. is a standalone joint venture owned 50% by H&M Group and 50% by Remondis. Looper intends to collect, sort and sell used and unwanted garments and textiles and thereby extend the highest use of these valuable resources. We are excited to announce the launch of Looper Textile Co. Used and unwanted garments must first be collected and sorted into different streams, such as by type of material or garment, in order to be reused or recycled. Today, less than 40% of used clothes are collected in the…

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Companies join forces to help tackle plastic waste with BP’s enhanced recycling technology

Stuart Mitchell

Leading companies operating across the polyester packaging value chain – including businesses involved in the manufacture, use, collection and recycling of polyethylene terephthalate (PET) plastic packaging – today announced they have formed a new consortium that aims to help to address the problem of plastic waste by accelerating the commercialisation of BP Infinia enhanced recycling technology. BP Infinia is designed to turn opaque and difficult-to-recycle (known as ODR) PET plastic waste, that can degrade in quality each time it is recycled using conventional methods, into recycled feedstocks that can be…

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