Page 13 - TEXtalks. January-February 2023
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 Led by EURATEX, an initiative to


 support SMEs in transforming


 textile waste into value



 Today, 43 partners of the RegioGreenTex project met in Brussels to kick-start a three-year project that should
 change the way we manage textile recycling.

 Regions for Green Textiles – known as RegioGreenTex –is a quadruple-helix partnership initiative aiming at
 mapping and reducing the difficulties, which currently exist in the implementation of a circular economy
 model within the textile ecosystem across the EU.

 RegioGreenTex will support tangible solutions at the SME level, where textile waste becomes a value. The
 project will contribute to maintaining and developing jobs in the EU textile sector, reshoring production in
 Europe, and making the EU textile value chain more competitive and resilient. It will contribute to the EU
 Green Deal objectives of reducing carbon footprint, energy, and water consumption.

 Led by EURATEX, the project brings together 43 partners from 11 European regions, with 24 SMEs
 pioneering innovative solutions to recycle textile waste. Together the SMEs cover various value chain
 segments of circular textiles (sorting, recycling from material to fiber, removal of contaminants, processing of
 recycled fibers to new textile materials) and provide concrete solutions to EU value chain bottlenecks but
 also seize upon market opportunities. The project will also promote the development of 5 regional ReHubs
 in some of the most important textile regions in the EU.


 EU inaction on energy issue



 eroded the competitiveness of


 the EU textile value chain



 After the European Council summit proposed   incurring losses while most have closed.
 measures to tackle the energy crisis, the European
 textiles industry has expressed concerns about the   While other economies like China, India, and the US
 loss of competitiveness of Europe demanding the   tackled the energy issue proactively the EU acted
 earliest action to save the industry.  passively and slowly in responding to the crisis. The
 Biden administration for instance came up with the
 The EU textile industry asked the EU council to look   369-billion-dollar scheme of the Inflation
 at and resolve issues faced by textile players across   Reduction Act.
 the value chain. The major factor in the sharp
 decline in the competitiveness of European textiles   In the EU, SMEs have been badly impacted by the
 is energy cost. The energy cost in Europe is 6 times   current crisis. They lack the financial leverage to
 higher than in the United States and China. Other   absorb the impact of energy prices. EU must take
 textile economies also have access to cheap   steps to ensure their survival. The tolerable gas
 energy. European textiles lose competitiveness on   price is a maximum of 80 Euro/MWh and at the
 this count alone. This is the reason that most of the   same time, electricity prices should also be lowered
 European textile companies still in operation are   to sustainable levels.

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