Joint Venture28 Oct 2024, 10:28 pm
Grasim Industries Partners with Circ to Scale Textile Recycling Innovation
AI Summary
Grasim Industries, through its cellulosic fibre business Birla Cellulose, has announced a strategic partnership with US-based textile-to-textile recycling innovator Circ. The partnership aims to drive growth of and access to recycled fibres, with Grasim committing to purchase up to 5,000 tons of Circ's pulp per year for five years. This partnership enhances access to recycled materials, supports Circ's commercial production, and promotes circular economy practices in the textile industry.
Key Highlights
- Grasim Industries, through its cellulosic fibre business Birla Cellulose, has formed a strategic partnership with US-based textile-to-textile recycling innovator Circ.
- The partnership aims to drive growth of and access to recycled fibres, with Grasim committing to purchase up to 5,000 tons of Circ's pulp per year for five years.
- This partnership enhances access to recycled materials and supports Circ's commercial production.
- The partnership reflects Grasim's commitment to environmental stewardship and innovation within the textile industry.
- Both companies are committed to promoting circular economy practices and reducing environmental impact through innovative technology and material reuse.