Daily Newsletter

09 July 2024

Daily Newsletter

09 July 2024

Goldwin-led consortium to establish green polyester fibre supply chain

Seven companies have partnered on the supply chain for green polyester fibre for The North Face Japan products.

Hannah Abdulla July 09 2024

A consortium of seven companies which includes Mitsubishi Corp, Indorama Ventures and Goldwin has jointly established a supply chain for more sustainable polyester fibre to supply The North Face in Japan.

The project involves the manufacture of polyester fibre using renewable and bio-based materials as well as materials produced via carbon capture and utilisation (CCU para-xylene) instead of fossil fuels.

Goldwin will use the polyester fibre produced from the project for products supplied to The North Face after which the launch of further products and brands of Goldwin will be considered.

As well as Goldwin who is the project owner, the project parties include Mitsubishi Corporation, Chiyoda Corporation (all three from Japan), SK geo-centric (South Korea), Indorama Ventures (Thailand), India Glycols (India) and Neste (Finland).

The seven companies ensure credible traceability of material streams throughout the supply chain and will jointly continue to proactively promote the de-fossilisation of materials to contribute to a more sustainable society.

Earlier this year Goldwin announced it had joined "The Fashion Pact," in a bid to help resolve the issue of climate change and improve the global environment.

It also financially backed a recent financing round for Finnish textile waste recycler Infinited Fiber Company.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close