India’s leading textile manufacturer, Arvind Limited formed a joint venture with US based PurFi Global LLC – a sustainable technology company – to construct a series of planned ‘fiber rejuvenation’ facilities close to one of Arvind’s manufacturing facilities in India. With the investment is expected to be $25 million to $30 million for these two facilities.
Arvind sources said that the new facility will process textile waste – white cotton, colored cotton, denim and synthetics – into virgin-similar fibers for reuse from two onsite manufacturing lines. With both production line will have a 5,500-ton annual capacity with plans to increase over the next five years. With plans to expand an additional production line that eliminates synthetic elastomers from fabrics using another of PurFi’s proprietary technologies.
PurFi’s hi-tech technology securely eliminates elastomers without the use of lethal chemicals and conserves the host fiber while having the capability to recycle the elastomers that were eliminated.
Ashish Kumar, President and CEO, Arvind Limited said, “PurFi’s technology can rejuvenate waste materials into virgin-like fibers 17 times, and it can be done at scale. And working together, we believe we can lead the textile and fashion industries into a new era of sustainable practices, transforming textile manufacturing into a truly closed loop cycle.”
Arvind and PurFi Global’s joint venture is scheduled to initiate construction in the fourth quarter of 2022 with full manufacturing expected to start in Q4 2023.
Kumar added, “Partnering with PurFi will enable Arvind to expand on our decades-long commitment to extending sustainable practices into every aspect of our business.”