Recycled fiber producer Recover announced Tuesday that it will open a new manufacturing facility in Vietnam early next year, the company said in a press release.
The facility aims to enable large-scale sustainability in the Vietnam textile production market and it’s part of Recover’s global expansion plan. The company said in the release that its goal is to meet the growing demand for recycled materials for brands and retailers worldwide.
Recover’s expansion into Vietnam is a “crucial step” in the company’s business plan, Recover CEO Anders Sjöblom said in the release.
“Circularity is currently an underutilized tool for the Vietnamese textiles industry, and by bringing our advanced technology to a key textile hub, we are not only enhancing how we serve our customers by expanding our global manufacturing footprint but also creating a positive shift towards circularity in Vietnam,” Sjöblom said.
Recover said the factory’s Dong Nai province location is also close to both textile waste sorting and manufacturing operations, which helps reduce the shipping costs.
The facility spans nearly 14,000 square meters, or about 150,695 square feet, and will include two recycling lines, giving it an annual production capacity of 10,000 metric tons. Its main product will be Recover’s RMix, a recycled cotton and polyester blend.
Based in Madrid, Recover opened a manufacturing facility in Bangladesh in 2022, in addition to its other facilities in Spain and Pakistan. The company said it was planning to open a facility in Vietnam when it announced the hire of Sjöblom at the beginning of 2024.
Recover’s brand partners have included Perry Ellis, Land’s End and Tilly’s. Its investors include Story3, Goldman Sachs, Fortress Investment Group and Eldridge Industries.
