One of the most pressing issues the technical textile industry is facing, is the damaging effect of plastic fiber waste on terrestrial and marine ecosystems. The clean-tech start-up Healix has secured funds totaling over €10 million following its announcement to build a factory in Maastricht/Netherlands to shred, wash and reprocess used twines, ropes, nets, and other plastic fiber waste from farming and fishing into high-grade circular polymers for the global manufacturing supply chain.
The production facility is expected to be operational in the 1st
quarter (Q1) of 2022. It has an annual capacity of 6,000 tons of polypropylene (PP) and high-density polyethylene (HDPE), saving almost 10,000 tons of CO2
Healix BV, Maastricht, aims to combat this plastic pollution, by transforming existing linear economies in the technical textile industry into sustainable circular economies. The investment involves commitments from industrial and high-performance fiber supplier FibrXL, Almere/Netherlands, and Tama Group, Kibbutz Mishmar HaEmek/Israel, a market leader in crop baling solutions. Support has also come from ABN AMRO Asset Based Finance NV, Utrecht/Netherlands and the Dutch government.
These investments enable Healix to proceed at full speed with the commissioning of the production facility and the recruitment of the skilled professionals needed to take the flagship project forward.