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Sportswear giant set to tap Indian firms

Related Keywords: Adidas, import, India, PET bottles, plastic, polyester, Polygenta, sportswear, upcycling

Global sportswear giant Adidas aims at eliminating the use of virgin plastics in its products by 2024 — with a little help from a Maharashtra-based firm — the only one of its kind in the country to produce yarn out of discarded PET bottles.

At its first factory set up in Nashik five years ago, Polygenta Technology Limited deploys an unique technology to break down used PET (short for Polyethylene Terephthalate) bottles and convert them into polyester filament yarn.

RIL launches T-shirt brand 'The Earth Tee' designed by renowned fashion designer Anita Dongre

Related Keywords: 90% of it is recycled, fashion & living, Fashion for Earth, GreenGold fabrics, Lakme fashion week, PET bottles, pre-dyed fibres, recycling 2.2 billion PET bottles a year, renowned fashion designer Anita Dongre, RIL, R|Elan™ fabrics, sustainable fabrics, The Earth Tee

The Earth Tee is the latest initiatives from this program to celebrate the ‘World Environment Day’. Reliance Industries, the owner of brand R|Elan, is one of the largest recycler of PET bottles in India, recycling 2.2 billion PET bottles a year.

This limited edition ‘The Earth Tee’ selected by IMG Reliance & Anita Dongre has been presented to celebrities, to join the ‘Fashion for Earth’ movement.

Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime

Related Keywords: All India Recycled Fibre & Yarn Manufacturers Association, excise duty on PSF, fibres, GST rates, PET bottle scrap, PET bottles, PET recycling industry in India, polyester in India, polyester industry, polyester yarn, production of recycled PSF, PSF manufacturers, PSF producers in India, recycled polyester staple fibre (PSF), recycled PSF, recycling PET bottles, virgin PSF, yarns

The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the current excise duty cost advantage of recycled PSF vis-à-vis virgin PSF, while finalising the GST rates.

In the current tax regime, virgin PSF manufacturers are levied 12.5 per cent excise duty, while recycled PSF attracts 2 per cent concessional excise duty, due to which spinners get the cost advantage of 10.5 per cent, and so opt to buy recycled PSF.

Newlife yarn, recycled from PET bottles expands its range

Related Keywords: Newlife yarn, PET bottles, recycled, Saluzzo Yarns

Saluzzo Yarns, Sinterama Group, Saluzzo (Cuneo) has announced that a number of European fashion brands have now chosen its Newlife yarn, a recycled polyester filament yarns made from 100% post consumer plastic bottles, for their Spring/Summer 2014 collections.

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