logo
#

Latest news with #Intradeco

Recycled cotton fiber company opens facility in Central America
Recycled cotton fiber company opens facility in Central America

Yahoo

time23-05-2025

  • Business
  • Yahoo

Recycled cotton fiber company opens facility in Central America

This story was originally published on Fashion Dive. To receive daily news and insights, subscribe to our free daily Fashion Dive newsletter. Recover is launching a joint venture in partnership with textile manufacturer Intradeco meant to produce recycled cotton fiber in a new processing plant in Central America, according to a press release last week. The companies said the project is meant to revolutionize textile production in the Western hemisphere. The venture will be based in El Salvador and is set to start operation in 2025. Initial textile shredding will temporarily be managed out of a Recover factory in Spain, per the release. The partnership marks the beginning of a process designed to create closed textile loops and more circular textiles systems, per the release. The companies added that the collaboration will benefit from the growing importance of the Central America region, where many brands are establishing production hubs. It's designed to capitalize on the Dominican Republic-Central America Free Trade Agreement, or CAFTA-DR, per the release. The processing plant's location is close to textile waste and production streams, which Recover said allows the plant to operate in a cost-efficient manner with fast lead times. The companies added that the initiative will address the demand for nearshoring and help simplify brand's compliance with the Uyghur Forced Labor Prevention Act, a 2021 law that generally bans products from the region over forced labor concerns. Recover's other production hubs are located in Spain, Bangladesh, Vietnam and Pakistan. The company opened its Vietnam facility earlier this year. Recover has partnered with Perry Ellis, Land's End and Tilly's. Its investors include Goldman Sachs, Fortress Investment Group and Eldridge Industries. Recommended Reading Shein develops polyester recycling process Sign in to access your portfolio

EXCLUSIVE: Textile Recycler Recover, Intradeco Enter Joint Venture for El Salvador Facility
EXCLUSIVE: Textile Recycler Recover, Intradeco Enter Joint Venture for El Salvador Facility

Yahoo

time16-05-2025

  • Business
  • Yahoo

EXCLUSIVE: Textile Recycler Recover, Intradeco Enter Joint Venture for El Salvador Facility

As the Central America region becomes increasingly important for textile producers, material recycler Recover has entered into a joint venture with local manufacturer Intradeco to produce its recycled cotton fiber in El Salvador. The two are aiming to advance recycled cotton fiber production and sustainable textile innovation in Central America. More from WWD Fair Harbor Enters Footwear With Rothy's Collaboration Wikipedia Has Put a Few Precious Words on T-shirts Chanel Is Digging Deep Into Sustainability and Helping Women Fight Climate Change 'Central America has become increasingly vital due to its proximity to major markets, especially the U.S. This joint venture between Recover and Intradeco, along with its vertical supply chains, allows us to supply recycled cotton products directly from the region, enabling quick and flexible supply chains, thus reducing lead times, costs and environmental impact, something that we believe will be very appealing to many North American brands trying to expand their material portfolios and introducing recycled content in their collections,' Recover chief executive officer Anders Sjöblom told WWD. The Trump administration's tariffs have 'shaken the textile industry worldwide,' Sjöblom added. But El Salvador is poised to become a new strategic hub as it is only subject to the standard 10 percent tariff, thanks to the Central America-Dominican Republic Free Trade Agreement, CAFTA-DR, which remains in place. Recover specializes in mechanical recycling for cotton and cotton-polyester blends. The facility is located close to Central American textile waste and production streams, allowing for the fast lead times for textile producers in the Americas. It will also benefit companies looking to shorten their carbon footprint in transport, those nearshoring their operations and those seeking flexibility in an increasingly risky trade environment. 'Major non-American-based brands either have, or are setting up, sourcing operations in Central America to serve nearby countries, which really validates this move for us,' said Sjöblom. 'The region has become increasingly important over the past few years due to the global disruptions we've witnessed.' Sourcing feedstock from Central America will also help U.S. textile and apparel manufacturers ensure compliance with the Uyghur Forced Labor Prevention Act, or UFLPA, and will support secured traceability for companies to shore up their supply chain claims. 'False claims or greenwashing have become very real threats to brand equity and though many companies would like to communicate more around efforts they are making, the textile production industry is still plagued with too many unserious players and fake claims,' he said. This partnership marks a significant milestone in both companies' commitment to sustainability and innovation. 'This joint venture is another step in our journey to enable large-scale sustainable change in fashion through business value and inspiration. Together, we aim to support changed trade patterns and drive innovation and sustainability in the textile industry,' said Sjöblom. ''Buy more locally' is part of changed trade patterns and we want to support that.' 'Intradeco is excited to partner with Recover to enhance our production capabilities and deliver high-quality recycled products at scale to our customers. This partnership represents a significant step forward in our commitment to sustainability,' added Intradeco CEO Jaime Miguel. As far as the long-tail effects of the Trump administration's tariffs, Sjöblom said the move has 'intensified conversations about nearshoring and diversification as tools to mitigate risk.' This will be the fifth facility for Recover, following its factories in Spain, Bangladesh and Vietnam, as well as Pakistan, which operates through a partner. Sjöblom said he has not yet seen immediate effects. 'There is a sense of standby in the industry. I believe many brands are creating various scenarios and potentially hold off on making decisions, but in either case geographic flexibility is more important than ever,' he said. The 75,400-square-foot facility will house production lines, a warehouse, research labs and offices for support functions, and will open in the second half of 2025. While the facility scales up, some of the facility's first production will be managed in the company's home country of Spain. Recover expects production capacity of 12,500 metric tons of fiber by the end of 2026. Best of WWD Green People: How Sustainable Material Entrepreneurs Move Differently Simple, Recycled, Local: Brandart's Sustainable Approach to Packaging A Polyester Alternative Launches to Market — Can It Transform the Textile Industry? Sign in to access your portfolio

Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America
Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America

Yahoo

time15-05-2025

  • Business
  • Yahoo

Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America

MADRID, May 15, 2025--(BUSINESS WIRE)--Recover™, the leading materials science company and large-scale producer of sustainable, high‑quality recycled cotton fiber and cotton fiber blends, and Intradeco, a global vertical manufacturing group and prominent player in the textile industry, offering high-quality apparel across an extensive range of categories, are pleased to announce the formation of a strategic joint venture aimed at producing Recover™ recycled cotton fiber and revolutionizing the textile production landscape in the Western hemisphere. This partnership marks a significant milestone in both companies' commitment to sustainability and innovation. The joint venture will be based in El Salvador, leveraging the region's strategic position within the Americas' textile economy offering near shore quick and flexible models to our customers supply chains. This partnership will be the beginning in a process of developing closed textile loops and more circular textile systems in the mid-term. This collaboration will enable both companies to capitalize on the growing importance of the CAFTA region, where major global brands and retailers are establishing production hubs in response to recent potential trade tensions in the Americas. The new processing plant in Central America is strategically located close to textile waste and production streams, allowing it to operate in a cost-efficient manner, offering fast lead times while lowering the supply chains carbon footprint. Additionally, the initiative will simplify compliance with the UFLPA for US textile and apparel manufacturers, while also addressing the increasing demand for nearshoring. Recover™ brings its proprietary process and know-how to produce low-impact, high-quality recycled cotton fiber, which will be a cornerstone of the joint venture's operations. This technological expertise will enhance the venture's ability to deliver innovative and sustainable textile solutions to the market. "We are thrilled to partner with Intradeco to bring our sustainable textile solutions to the Americas and address the increasing demand for nearshoring in the region. This joint venture is another step in our journey to enable large-scale sustainable change in fashion through business value and inspiration. Together, we aim to support changed trade patterns and drive innovation and sustainability in the textile industry," said Anders Sjöblom, CEO of Recover™. "Intradeco is excited to partner with Recover™ to enhance our production capabilities and deliver high-quality, recycled products at scale to our customers. This partnership represents a significant step forward in our commitment to sustainability," said Jaime Miguel, CEO of Intradeco. Recover™ now offers sustainable and cost-competitive solutions for brands and retailers in most major textile production hubs, serving customers from Spain, Bangladesh, Vietnam, Pakistan, and now El Salvador. The joint venture is set to commence operations in 2025, with initial shredding activities being temporarily managed out of Recover™ Spanish factory. About Recover™ Recover™ is a leading materials science company and global producer of low-impact, high-quality recycled cotton fiber and cotton fiber blends. Its premium, environmentally friendly, and cost-competitive products are created in partnership with the supply chain for global retailers and brands, offering a sustainable solution to enable large-scale sustainable change in fashion through business value and inspiration. As a fourth generation, family-owned company, and backed by recent investment from STORY3 Capital and Goldman Sachs, Recover™ is on a mission to scale its proprietary technology to make a lasting positive impact on the environment and partner with brands/retailers and other change-makers to meet the industry's sustainability targets. For more information, contact us at press@ visit and follow @recoverfiber on social media. About Intradeco Intradeco Apparel is a vertically integrated global manufacturing company that supplies quality casual clothing to major retailers across North America. Our long-standing commitment to sustainability has been recognized by various industry partners and leaders. Intradeco has been a pioneer in manufacturing of recycled yarns and textiles in the western hemisphere, as well as a major player in renewable energy production and water recycling in textile processes. View source version on Contacts press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America
Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America

Business Wire

time15-05-2025

  • Business
  • Business Wire

Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America

MADRID--(BUSINESS WIRE)--Recover™, the leading materials science company and large-scale producer of sustainable, high‑quality recycled cotton fiber and cotton fiber blends, and Intradeco, a global vertical manufacturing group and prominent player in the textile industry, offering high-quality apparel across an extensive range of categories, are pleased to announce the formation of a strategic joint venture aimed at producing Recover™ recycled cotton fiber and revolutionizing the textile production landscape in the Western hemisphere. This partnership marks a significant milestone in both companies' commitment to sustainability and innovation. "We are thrilled to partner with Intradeco to bring our sustainable textile solutions to the Americas and address the increasing demand for nearshoring in the region." said Anders Sjöblom, CEO at Recover™ Share The joint venture will be based in El Salvador, leveraging the region's strategic position within the Americas' textile economy offering near shore quick and flexible models to our customers supply chains. This partnership will be the beginning in a process of developing closed textile loops and more circular textile systems in the mid-term. This collaboration will enable both companies to capitalize on the growing importance of the CAFTA region, where major global brands and retailers are establishing production hubs in response to recent potential trade tensions in the Americas. The new processing plant in Central America is strategically located close to textile waste and production streams, allowing it to operate in a cost-efficient manner, offering fast lead times while lowering the supply chains carbon footprint. Additionally, the initiative will simplify compliance with the UFLPA for US textile and apparel manufacturers, while also addressing the increasing demand for nearshoring. Recover™ brings its proprietary process and know-how to produce low-impact, high-quality recycled cotton fiber, which will be a cornerstone of the joint venture's operations. This technological expertise will enhance the venture's ability to deliver innovative and sustainable textile solutions to the market. "We are thrilled to partner with Intradeco to bring our sustainable textile solutions to the Americas and address the increasing demand for nearshoring in the region. This joint venture is another step in our journey to enable large-scale sustainable change in fashion through business value and inspiration. Together, we aim to support changed trade patterns and drive innovation and sustainability in the textile industry,' s aid Anders Sjöblom, CEO of Recover™. "Intradeco is excited to partner with Recover™ to enhance our production capabilities and deliver high-quality, recycled products at scale to our customers. This partnership represents a significant step forward in our commitment to sustainability," said Jaime Miguel, CEO of Intradeco. Recover™ now offers sustainable and cost-competitive solutions for brands and retailers in most major textile production hubs, serving customers from Spain, Bangladesh, Vietnam, Pakistan, and now El Salvador. The joint venture is set to commence operations in 2025, with initial shredding activities being temporarily managed out of Recover™ Spanish factory. About Recover™ Recover™ is a leading materials science company and global producer of low-impact, high-quality recycled cotton fiber and cotton fiber blends. Its premium, environmentally friendly, and cost-competitive products are created in partnership with the supply chain for global retailers and brands, offering a sustainable solution to enable large-scale sustainable change in fashion through business value and inspiration. As a fourth generation, family-owned company, and backed by recent investment from STORY3 Capital and Goldman Sachs, Recover™ is on a mission to scale its proprietary technology to make a lasting positive impact on the environment and partner with brands/retailers and other change-makers to meet the industry's sustainability targets. For more information, contact us at press@ visit and follow @recoverfiber on social media. Intradeco Apparel is a vertically integrated global manufacturing company that supplies quality casual clothing to major retailers across North America. Our long-standing commitment to sustainability has been recognized by various industry partners and leaders. Intradeco has been a pioneer in manufacturing of recycled yarns and textiles in the western hemisphere, as well as a major player in renewable energy production and water recycling in textile processes.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store