Remondis and H&M launch joint venture to close the textile loop

2023-02-17T09:55:00

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The Remondis group, a service provider for recycling, water management and alternative fuels, and H&M have founded a new company, owned 50 percent each by the two partners. The new standalone venture Looper Textile Co. intends to collect, sort and sell used and unwanted garments and textiles. According to H&M, ...

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