Sharing Brussels’ EURATEX offices, ReHubs Europe will assist its members in finding partners, knowledge, and funds, EURATEX said in a press release.
The endeavour will also support the societal challenge of meaningfully collecting, sorting, reusing, and recycling up to 7.5 million tons of textile waste generated every year, and which the new European Union (EU) waste directive is set to establish in the EU through mandatory collection and extended producer responsibility (EPR) schemes.
Beyond its membership services, the association aims at spill over benefits with the wider industry and societal stakeholders by generating new knowledge on critical ad-hoc studies, and publishing an online dynamic European textile recycling Roadmap. This may guide companies and public authorities in Europe to monitor the progress of building the new recycling value chain and supporting growth of the whole sector.
Last year, the McKinsey company published a white paper titled ‘Scaling Textile Recycling in Europe—Turning Waste into Value’, proving the environmental benefits and the annual €4.5 billion business case of investing in textile recycling in Europe.
Fibre2Fashion News Desk (NB)