Repsol Foundation invests in recycling company C - sportstextiles: Lea SportsTextiles

News

Repsol Foundation invests in recycling company Coleo

21/11/2025
Repsol Foundation, the social and green economy arm of the Spanish petrochemical group, has acquired a 14% stake in Coleo Network, the waste management and valorisation division of Coleo, a textile recycling company based in Barcelona. The investment will be directed to the opening of new waste management and recovery plants. Financial details were not disclosed. 

Coleo Network currently operates three waste management plants in Spain and one in Toulouse, France. It plans to build textile waste treatment hubs throughout Europe. 

The company has been optimising its automated textile identification and sorting process. The fibres are mechanically recycled, spun back into new fibres and woven into fabrics. It also has a garment-making facility. 

Wastex, a traceability solution for recycled fibres, is a Coleo brand. 

Related stories:

Uncertain future for Piñatex 03/11/2025
Recover joins T2T Alliance 27/10/2025
Seaqual launches ocean-minded non-profit 24/10/2025
Group of 12 launches the European Circular Textile Coalition 14/10/2025
Online tool will tell recyclers where the textile waste is 07/11/2024
Synthetic rubber producer plans expansion 29/04/2015

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.