ABOUT CIRCOTEX
Circotex colors, among other things, polyester yarns and cloths without water, without added chemicals and with 50% less energy and CO2 emissions than the classic coloring technology. With this, Circotex wants to meet the increasing demand for more sustainably produced textiles, contribute to the circular textile chain in the Amsterdam region and ensure local economic growth. The sustainable color factory can be realized thanks to an investment from the Amsterdam Climate and Energy Fund (AKEF), the North Holland Sustainable Economy Participation Fund (PDENH) and DOEN Participaties (DOEN).
Circotex will realize the most sustainable factory in Europe for dyeing textiles. It does this by being the first in Europe to demonstrate the most innovative technologies in Amsterdam.
Circular and sustainable textile chain
With financing from the funds of AKEF, PDENH and DOEN and an ERDF subsidy obtained, Circotex is able to realize this factory in Amsterdam. In 2023, the first rolls of sustainable colored textiles should come out of the machines. Circotex has the ambition to remain the most sustainable textile dyeing factory in Europe by continuously accommodating new innovations. It is therefore a link in the circular and sustainable textile chain in the Netherlands and the Amsterdam region.
It is not surprising that Circotex wants to achieve a lead in sustainability. This is rewarded in all sorts of ways. It strengthens the reputation towards customers and other stakeholders. More and more customers want it. It makes you an attractive employer that can retain talent. And so it also provides better access to finance and grants.
Reinier and Erwin, founders of Circotex: “We are proud that we can realize our ambitions with AKEF, PDENH and DOEN as partners. Strong impact in combination with healthy business operations will contribute to a sustainable and circular textile industry in Europe.”
Joost de Waard, investment manager PDENH: “It is special to see that innovative and sustainable technologies, one of which originally came from the Amsterdam region, via a detour from Asia, are now gaining a foothold in North Holland again. A good example of reshoring: the recall of activities that were once relocated to Asia due to, for example, low wages and less stringent environmental requirements.”
Much less pollution
The textile sector is one of the most polluting industries in the world. About 10% of global CO2 emissions come from this sector.
In addition, an average of 430 liters of water is used per kilo of textiles. This water is mainly used during coloring. The residual water is often discharged into rivers, causing a lot of damage to the environment. This is especially the case in Asian countries, where most of the industry is located. Circotex ensures change in the chain by dyeing sustainably without water and added chemicals, so that an enormous reduction in pollution is achieved.
Casper Heijsteeg, fund manager at AKEF: “By investing in innovative solutions such as those offered by Circotex, the emissions associated with the textile industry can be substantially reduced.”
