TexCycle has announced its membership in the Coalition for the Circular Economy – CERC. With this initiative, a new stage begins in the company’s commitment to promote sustainability and innovation in the textile industry, but also to contribute substantially to the stimulation of the circular economy in Romania.
“We are delighted to become members of the Coalition for the Circular Economy – CERC because it harmonizes perfectly with our commitment to promote sustainability and circularity. At TexCycle, we are committed to optimizing the use of various textile materials. We recognize that achieving this goal requires collaboration and continuous improvement. We look forward to cooperating with other members, contributing to economic growth, and supporting the transition to a circular economy.
Currently, the textile industry is facing increasing legislative pressure. From Europe-wide regulations and directives to country-specific laws coming into force, Europe is aiming for a complete overhaul of the industry by 2030. The industry needs to move to new circular business models in different directions. These new upcoming regulations are still being developed, which creates many uncertainties and inconsistencies for the market and the industry as a whole. There must be a balance between high environmental objectives and the competitiveness of companies in this sector.” says Sirma Zheleva – TexCycle Sustainability Manager.
“TexCycle’s CERC membership comes at a time when the entire textile sector is involved in the circular transformation of operations throughout the supply chain of materials, production, distribution, consumption, repair, reuse and valorization of the resulting waste. We also rely on the expertise of TexCycle in the working groups that implement the Action Plan of the National Strategy for the Circular Economy and consider that their circular business model is an example of good practices that must be scaled at national level, in order to give textile materials the value they deserve, by extending their lifespan, thus contributing to lower carbon emissions.” said Alexandru Laibăr – Executive Director of the Coalition for the Circular Economy – CERC.
TexCycle is a Bulgarian company that offers a comprehensive range of solutions for extending the life of used textiles. Founded in 2000 in Varna, the company initially focused on sorting, repairing, and wholesaling second-hand clothing. Over time, it has become a preferred supplier for numerous used clothing and textile recycling businesses in 25 countries on 5 continents.
