EURATEX’s ReHubs initiative plans to pursue fiber-to-fiber recycling for 2.5 millions tons of textile waste in Europe and generating more than 15,000 new jobs by 2030, while increasing nearshoring and reshoring of textile manufacturing.The textile recycling industry in Europe could reach economic, social and environmental benefits for €3.5 billion to €4.5 billion by 2030.
“Transform Waste into Feedstock” has been announced as the first project supported by the ReHubs aiming at building a 50,000 tons capacity facility by 2024.
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