Textile recycling start-up secures investment from Decathlon
16/05/2024
Sports group Decathlon has become an investor in a Lyon-based chemical textile recycling technology provider, Recyc’elit.
Founded by brothers Karim and Raouf Medimagh (pictured) in 2020, Recyc’elit has developed a proprietary method for separating out the different fibres in textile waste to offer mills and brands recycled polyester, elastane and polyamide for use in new applications.