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28.08.2024

RE&UP wins ITMF Start-up Award 2024

RE&UP Recycling Technologies, an innovator in scalable recycling solutions for Next-Gen fibers, announces its recognition as one of the winners of the ITMF Start-up Award 2024. This accolade highlights RE&UP's commitment to advancing more sustainable practices in the textile industry through recycling technologies.

The ITMF Start-up Award, presented annually by the International Textile Manufacturers Federation (ITMF), aims to honor start-ups that showcase innovative and transformative ideas poised to make a impact on the textile sector. This year’s award ceremony will be held during the ITMF & IAF Conference 2024 from September 8-10 in Samarkand, Uzbekistan, co-hosted by the Uzbek Textile & Apparel Industry Association (UZTS).

RE&UP Recycling Technologies, an innovator in scalable recycling solutions for Next-Gen fibers, announces its recognition as one of the winners of the ITMF Start-up Award 2024. This accolade highlights RE&UP's commitment to advancing more sustainable practices in the textile industry through recycling technologies.

The ITMF Start-up Award, presented annually by the International Textile Manufacturers Federation (ITMF), aims to honor start-ups that showcase innovative and transformative ideas poised to make a impact on the textile sector. This year’s award ceremony will be held during the ITMF & IAF Conference 2024 from September 8-10 in Samarkand, Uzbekistan, co-hosted by the Uzbek Textile & Apparel Industry Association (UZTS).

As one of the four winners of the ITMF Start-up Award 2024, along with Sci-Lume Labs, Sycoretec CAS, Syre Impact, RE&UP will have the opportunity to present its business model and technological advancements at the upcoming conference, where leaders from across the global textile value chain will gather. This platform will enable RE&UP to connect with established companies and explore collaborative opportunities to further integrate sustainable practices in textile manufacturing.

Photo RE&UP Recycling Technologies
23.07.2024

RE&UP's recycling technologies: €70 million senior loan from Proparco

Proparco has announced a €70 million senior loan to RE&UP Recycling Technologies, the circulartech textile recycling venture of SANKO Group. This investment will enhance RE&UP's capacity to scale Next-Gen recycled fiber production while reducing both carbon and water footprints driving RE&UP to set a new standard for circularity in the textile industry.

SANKO Group, with over 120 years of industry experience, remains a key partner for Proparco. The loan will support the construction of a new textile-to-textile recycling facility in Gaziantep, featuring 8.4MW rooftop solar panels for self-consumption.

Proparco has announced a €70 million senior loan to RE&UP Recycling Technologies, the circulartech textile recycling venture of SANKO Group. This investment will enhance RE&UP's capacity to scale Next-Gen recycled fiber production while reducing both carbon and water footprints driving RE&UP to set a new standard for circularity in the textile industry.

SANKO Group, with over 120 years of industry experience, remains a key partner for Proparco. The loan will support the construction of a new textile-to-textile recycling facility in Gaziantep, featuring 8.4MW rooftop solar panels for self-consumption.

More information:
SANKO Group Proparco loan
Source:

RE&UP Recycling Technologies