Filatex India to build 75-ton-per day polyester recycling plant

A major polyester yarn manufacturer, Filatex India is building a 75-ton-per-day polyester recycling plant. This is its first large-scale project to turn textile waste into chips and yarn. The company has developed and patented a technology to recycle biodegradable polyester waste into chips to be later spun into yarn, says Madhu Sudhan Bhageria, Chairman and Managing Director.

To cost about $36 million and be funded internally, the plant is expected to be operational by August or September 2026. The company plans to build similar facilities worldwide once the technology is commercially proven.

Filatex is also increasing its current production capacity by 130-150 tons of yarn, with the new capacity coming online around the same time. In addition, the company is investing in renewable energy to power its operations. By January, more than half of its power will come from sustainable sources through a captive project in which Filatex will hold a 26 per cent equity stake. This will not only cut power costs but also strengthen our sustainability profile, notes Bhageria said. The company is also setting up a community boiler to generate steam for its plants and neighboring industries.