Fiare’s long-standing record in creating successful marketplaces is taking on a new role in the circular economy by stitching together the key players of the textile industry.
Fiare is taking part in a project set to alter the textile industry to resolve the current sustainability and waste problems in textiles – The Telavalue Project. Last February, the project was launched by Finnish companies, organisations, and research and education institutions. In line with the circular economy model, the project promotes Finland’s closed-loop textile production. One particular goal is combining recycled and new bio-based fibres as the foundation of sustainable Finnish textile production.
Telavalue is a Business Finland Co-Innovation project that includes several business projects and a public research project with VTT, LAB University of Applied Sciences and Turku University of Applied Sciences. With the immense support and research institutions, participating businesses—Fiare, Image Wear, Kemira, Pure Waste Textiles, Rester, Touchpoint—would deepen their knowledge in exploring business models that can resolve problems of textile consumption.
“In the Telavalue project, VTT’s role is to develop recycling solutions for these textiles made of high standard, mostly plastic-based, synthetic fibres. VTT has already created processes for recycling plastics in its previous projects. They have been successfully tested in the side-lines of technical textile production. We will continue developing our processes to utilise used, dirty, technical products in composite production as well”
Senior Scientist, Pirjo Heikkilä, the project’s coordinator at VTT
The Telavalue project resumes from previous projects of the Telaketju network, which have promoted the creation of a Finnish circular economy of textiles. The success stories from Telaketju convey an excellent outlook for Telavalue projects to bring new businesses and jobs to the textile sector.
The project will be active from 1 February 2022 to 31 January 2024.
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