Blocktexx, Australian fashion technology company and The Formary, a New Zealand based textile research company has collaborated to address the issues related to textile waste.
The partnership was announced in the New Zealand’s first circular economy conference, which is a collaboration between the Sustainable Business Network’s Circular Economy Accelerator and WasteMINZ, New Zealand largest representative body of the waste and resource recovery sector.
With this collaboration the company aims to develop new strategies and work-flow models for recycling and re-purposing the world’s tsunami of textile waste.
“The Formary is a leader in this space and we believe our focus at BlockTexx on using technology to unlock the immense value in textile waste along the entire supply chain, strongly complements The Formary’s expertise,” said Graham Ross, Founder, BlockTexx.
“We are excited to be joining forces with the team at BlockTexx, combining textile, technology and market place expertise to advance the clothing industry to a resource respectful, financially valuable circular system,” said, Peter Thompson, CEO, The Formary.
Fast fashion and high consumption are driving the creation of one hundred billion garments each year. This leads to the generation of enormous amount of textile waste. Less than 1 per cent of the textile waste is recycled and most of it is sent to the developing countries where it ends up in the landfill.
As a part of 2020 Circular Fashion System Commitment, 94 global fashion brands including H&M and Adidas have committed to addressing the ‘Take, Make and Dispose’ approach to textile manufacturing, including increasing the use of recycled textiles across their product range.