Related Keywords: fashion companies, fashion industry, garment-to-garment recycling system, H&M, HKRITA, Hong Kong Research Institute of Textiles and Apparel, hydrothermal method, Novetex Factory, recycled garments, recycling cotton and polyester blends, Textile, unrecyclable, valuable resource garments
The facilities will be located at the Novetex Factory in Tai Po Industrial Estate, Hong Kong. The opening date has not been disclosed. The H&M Foundation is set to invest 5.8 million euro (approximately 7 million US dollars) in the project, over the next four years. HKRITA and the H&M Foundation have been partners since 2016. H&M intends to spend a total of 30 million euros in joint textile recycling projects between 2016 and 2020.
