EVRNU - Next Cycle Management LLC

Circular Textiles

Suite of technologies which enable blend separation and recycling of cotton, polyester and stretch polymers
Starting with a “cotton first” strategy, as the technology produces a recycled performance Lyocell fiber that looks and feels like high quality cotton, is 3x stronger than virgin cotton, made from 100% cotton textile waste and is recyclable back into same or better-quality product at least 5x
Strength was the breakthrough for recycling paper, and strength will be the critical unlock for high quality recycling of textile waste; high quality textile recycling has the potential to displace high impact virgin materials in most end use applications, as the quality is on par or better than virgin alternatives, and can be produced globally in high volumes at a competitive cost position
First commercial plant uses process equipment identical in scale to the pilot plant, which has successfully delivered multiple capsule collections all the way through to consumers
Circular textiles with 100% recycled content with negative carbon intensity of 4.9 tCO2e per metric ton pulp