The first LEED Platinum-certified denim textile factory, Envoy Textiles Limited, has announced plans to invest in a recycling facility to turn waste fabric into yarn.
The choice was made during a board meeting that was recently conducted at the company’s headquarters in the capital on West Panthpath. During the meeting, sources verified that the new waste fabric recycling plant will be built on Envoy Textiles’ current industrial site in Bhaluka, Mymensingh district.
By June 2025, it is anticipated that this new project will begin commercial production. The project is expected to require a total investment of Taka 23.70 crore, with a financing structure consisting of 30 per cent equity and 70 per cent loan.
Envoy Textiles founder and chairman, Engineer Kutubuddin Ahmed said, “We expect the plant to be fully operational by the end of this financial year, which will significantly increase our production capacity and meet the growing sustainability demands of our customers.”
“We have already visited several fully automated factories in Turkey. We plan to start construction of new projects as soon as possible and at the same time open letters of credit (LC) for importing capital equipment from Turkey,” he said.
Describing the investment in a recycling plant to make yarn by reusing waste cloth as a strategic initiative, Kutubuddin Ahmed said, “It will not only improve the company’s environment-friendly production practices, but also strengthen its position in the export market by offering more competitive prices.”
Once the plant is fully operational, it will help them add 5 to 8 cents per yard profit to their denim fabric exports, he explained.
He further informed that the new project is designed with the capacity to process approximately 12 metric tonnes of waste fabric per day, which will be converted into 98 per cent recycled yarn through the recovery process.
“This plant will process own factory-generated waste fabric (pre-industrial) and consumer-generated (post) waste fabric into high-quality recycled yarn,” said Tanvir Ahmed, Managing Director, Envoy Textiles.
Tanvir added, “This initiative will not only help increase the company’s profitability, but also meet the growing demand of our customers for environmentally sustainable production processes.”
In addition to using imported virgin cotton for the usual production of denim fabrics, Envoy Textiles currently uses up to 4 metric tonnes of useable waste yarn per day for yarn production.
But with the opening of the new facility, the business will be able to employ virgin cotton from abroad and turn waste fabric into premium recycled yarn, strengthening its resolve to create a sustainable world.
Envoy Textile is certified to process 130 metric tonnes of waste yarn per month under the Global Recycle Standard (GRS) and Recycle Claim Standard (RCS). Following the new project’s implementation, the business should be able to process about 350 metric tons of waste fabric per month.