Non-profit Bangladesh Apparel Exchange and Amsterdam-based innovation platform, Fashion for Good recently hosted a roadshow: Chemical Recycling Technology, bringing together industry stakeholders to discuss innovating sustainable and circular solutions.
They explained that the event, emphasising the importance of circularity, is aimed at spreading awareness about the current “disruptive innovations” that could transform the industry’s approach to waste and resource management, setting an example for future sustainable practices.
Bangladesh Apparel Exchange highlighted that the two-day visit capitalised on the nation’s standing as a “major” garment production hub, delving into the potential of chemical recycling technologies to enhance environmental sustainability.
The event featured interactive sessions, factory visits, and knowledge sharing.
Mostafiz Uddin, founder and CEO of Bangladesh Apparel Exchange, emphasised the significance of this event for the wider Bangladeshi textile industry.
He said: “Bangladesh has the biggest manufacturing sector in South Asia and this tour marks a critical step towards a circular fashion ecosystem as well as exploring how the fashion industry can become more sustainable in Bangladesh. It’s not just an event; it’s part of a larger movement to incorporate innovative recycling, Sustainable Fashion technologies and establish global partnerships for a sustainable fashion industry.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataPriyanka Khanna, innovation director – scaling at Fashion for Good, added: “Bangladesh is an important region for the textile industry worldwide and we are keen to share our knowledge around new innovations with the manufacturers here. Through this partnership we brought innovators; namely, teams from Circ and Infinited Fiber Company to interact, engage, and in the future partner with the local industry actors.”
Bangladesh Apparel Exchange shared that Fashion for Good along with the two start-ups focused on textile-to-textile chemical recycling, Circ and Infinited Fibre, were the key stakeholders in this initiative.
24 garment factories in Bangladesh green-certified
According to Bangladesh’s local news agency, The Daily Star, over the last six months, 24 garment factories in Bangladesh have received the Leadership in Energy and Environmental Design (LEED) awards from the US Green Building Council for their green initiatives. Citing the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), it reported 16 factories were rated Platinum and eight were Gold.
The Daily Star noted that with the newly-certified 24 factories, Bangladesh has made remarkable strides in sustainable fashion with 206 LEED green factories across the country, including 76 Platinum-rated and 116 Gold-rated, solidifying its commitment to environmental stewardship.
While Just Style did not receive comment from the BGMEA at time of press, the news report, citing stats from the trade body, suggests 54 Bangladeshi factories are rated among the top 100 LEED-certified buildings in the world. The BGMEA believes the development will propel the nation towards global leadership in eco-friendly garment production, attracting higher investment and partnerships.
This follows a warning from the central bank of Bangladesh that the sector could see challenges over the next year on the back of global economic turbulence.