Recent developments
Circularity and recycling
The EIB financed Technip Energies to expand the Reju demonstration hub in Germany for polyester/PET regeneration. Indorama Ventures and Jiaren Chemical Recycling formed a JV targeting 100,000 t/y textile‑recycled PET spinning. The Repsol Foundation took 14% of Coleo’s recycling division to scale plants in Spain and France. PureCycle gained EU REACH certification and plans an Antwerp facility to supply PureFive resin.
Fiber supply shifts
BASF is consolidating its Asian PolyTHF operations, centralizing production in China and closing Ulsan by 2026. Rhodia will invest R$100 million in its Santo André unit to modernize and expand polyamide technologies. Indorama Ventures launched skin-friendly deja Care PET fibers with multiple safety certifications for apparel. Gabriel-Chemie expanded the Nyíregyháza production site, adding lines and energy-efficient systems.
Market access moves
Nouryon and IMCD entered a strategic distribution agreement for EMEA, including ISCC Plus-certified options. Teijin Aramid formed a strategic marketing and distribution partnership with ICF Mercantile for Technora yarns. Toray’s Alva Confecções opened an Ultrasuede showroom and stock point in Portugal targeting interiors and adjacent sectors.
Process sustainability advances
Trinseo and RWDC advanced PHA dispersion technology, demonstrating pilot-scale, compostable barrier coatings with potential textile applications. Solvay’s Santo André plant reached 94% water reuse via Veolia’s MBR technology under a long-term partnership.
Corporate consolidation
Asahi Kasei and Teijin will merge Asahi Kasei Advance and Teijin Frontier into a joint venture effective October 2026.