"Raw Materials" News Archive

TômTex, a sustainable biomaterial producer, has secured $2.25 million in a seed round led by Happiness Capital, with participation from prominent climate-tech venture firms, marking a significant milestone for the visionary founder Uyen Tran.

The evolving discussion on double materiality holds significant implications for accounting standards and finance, with the IFRS set to determine its direction before COP26, shaping the path towards a net-zero economy.

Innovative companies such as Polybion, Riina O, and Le Qara are redefining the future of fashion for their groundbreaking leather alternatives.

Adidas' Adizero Control collection, featuring RHEON™ technology, redefines athletic apparel by minimizing energy wastage and enhancing running performance through innovative, patented materials.

Backed by the Science Based Targets Initiative, Lenzing Group has released a report that reveals it’s “on track” to halve its CO2 emissions by 2030.

Textile Exchange launched an updated open-source Preferred Fiber and Materials Matrix (PFMM), evaluating sustainability standards through 80 indicators, blending quantitative life cycle metrics with qualitative criteria for enhanced material choice understanding in sustainability.

The European Union's Approach to Deforestation and Its Global Implications

Banofi, a banana leather producer, has won the Hult Prize's first-ever fashion-focused competition, earning $1 million in seed funding for their innovative sustainable leather made from discarded banana waste, presented by Stella McCartney.

Eastman leads the charge in recycling hard-to-recycle plastics into premium materials, epitomizing innovation with its groundbreaking molecular recycling facility in Kingsport, Tennessee.

Acquired by VF Corp, the New Zealand-based outerwear brand Icebreaker and Timberland have united in a collaboration that flawlessly intertwines high performance with a minimal environmental footprint.