Home / Knowledge / News / Textiles / Toray to expand fibers & textiles recycling biz
Toray to expand fibers & textiles recycling biz
04
Nov '11
Toray Industries Inc announced that it has formulated a strategy to expand the fibers and textiles recycling business, which is part of the Green Innovation Business Expansion (GR) Project the company has been implementing since April this year.

The fibers and textiles recycling business expansion strategy aims to globally promote viable recycling from the perspective of enabling both environmental conservation and economic efficiency. It aims to expand sales of the business consisting of regeneration type recycling and collection and circulation type recycling from 7.5 billion yen in fiscal year 2010 to 11 billion yen in fiscal year 2013, the final year of Toray's medium-term management program Project AP-G 2013, and to more than 19 billion yen around 2020.

Under the business expansion strategy, Toray has assigned the brand names ECOUSE and CYCLEAD respectively to regeneration type and collection and circulation type recycling, and shall promote these brands.

In ECOUSE recycling, Toray shall drive forward chemical recycling, primarily of polyester filaments, and material recycling4 of polyester staple fibers.

In CYCLEAD recycling, the company shall promote chemical recycling of nylon 6 products using its own collection system and facilities, as well as material recycling of polyester products utilizing ECOLOG RECYCLING JAPAN CO., LTD.'s collection system, and expand the scope of products to be collected for both types of recycling.

Toray plans to convey clearly to the customers the reduction in environmental load of core products of the fibers and textiles recycling business by quantitatively visualizing it using lifecycle assessment (LCA). In addition to uniforms, for which Toray calculated environmental load reduction using LCA, the company shall gradually expand the target of such LCA calculations to its Green Innovation Products in Fibers and Textiles.

Toray positions the fibers and textiles recycling business as an important part of its medium-term management program Project AP-G 2013. The company shall continue to contribute to solutions to intensifying global environmental issues through initiatives involving customers.

The details of Toray's strategy for expanding the fibers and textiles recycling business are as follows:

1. Outline of the fibers and textiles recycling business expansion strategy
• Expand viable recycling globally from the perspective of enabling both environmental conservation and economic efficiency.
• Increase sales of the fibers and textiles recycling business 1.5 times the current level to 11.0 billion yen in fiscal year 2013 by promoting regeneration type recycling ECOUSE and collection and circulation type recycling CYCLEAD.
• Establish brands for regeneration type recycling and collection and circulation type recycling, ECOUSE and CYCLEAD respectively, and promote them.
• Calculate the impact of environmental load reduction of products based on recycled materials using lifecycle assessment (LCA) and appeal it.


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Urmil Arya

Sushila International, a well established textile organisation established ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search