Dutch encouragement for Reju
Materials regeneration company Reju is to receive €135 million in support from a state-funded subsidy programme in the Netherlands. The programme, NIKI (the Netherlands Nationale Investeringsregeling Klimaatprojecten Industrie) gives financial support to help companies deliver large-scale climate projects.
Reju said it would use the funding to build an already-announced facility in the Netherlands.
The company, which launched in 2024, aims to build solutions for regenerating polyester textiles and post-consumer PET waste. It says its solutions will allow polyester to be recycled “at unprecedented speed and scale”. The regenerated output will be transformed into Reju polyester, which the company says will have approximately 50% of the carbon emissions of virgin polyester.
Chief executive, Patrik Frisk, said: “We are grateful to the government of the Netherlands for supporting the scale-up of commercial technologies that can deliver measurable emissions reductions and accelerate the transition to a truly circular textile industry.”