Companies

RIL ties up with Turkish co to make eco-friendly fabrics

Our Bureau Mumbai | Updated on July 08, 2019 Published on July 08, 2019

Kıvanç will distribute Recron GreenGold fibres across Turkey

Reliance Industries, the world’s largest integrated polyester producer, has joined hands with Turkey’s textile behemoth, Kıvanç Tekstil, to manufacture sustainable fabric R|Elan GreenGold to leading global apparel brands and consumers.

Kıvanç will also distribute Recron GreenGold fibres to spinners, yarn manufactures and knitters across Turkey. Kıvanç Tekstil caters to major European and American fashion brands and retailers.

RIL owns R|Elan fabrics brand which is made of recycled PET bottles. The company recycles 2.2 billion PET bottles a year to reduce emission of greenhouse gases.

The fabric made of pre-dyed fibres use less water. It is one of the few recycled brands that provides end-to-end traceability through the supply chain, right from PET bottles to fibres.

With a vertically integrated spinning, weaving, dyeing, printing and finishing facilities, Kıvanç produces 18 million metres of blended fabrics per annum.

Its products comprise a wide range of blends straddling polyester, cotton, viscose, linen, tencel, modal and wool. These products are in demand with leading global brands engaged in making formal and casual wear apparels for men and women.

Ziya Kıvanç, CEO, Kıvanç Textil, said the partnership with Reliance for manufacturing and exclusive distribution of Recron GreenGold fibres and yarns will provide immense growth opportunities.

RIL has partnered with key global textile companies under its Hub Excellence Program to produce eco-friendly fabrics. The partner firms also receive technical and product development assistance from RIL.

Innovative fabrics

Gunjan Sharma, CMO (Polyester Division), RIL, said the joint venture will come up with innovative fabrics to meet the growing demand for high-quality eco-friendly apparels.

Kıvanç has capacity to manufacture 18 million metres per annum of a wide mix of fabric blends. The company is ranked 335th among the Turkish exporters, and 13th within the textile sector companies last year.

RIL is India’s largest private sector company with a consolidated turnover of ₹622,809 crore, cash profit of ₹64,478 crore and net profit of ₹39,588 crore for the year ended March 31, 2019.

Published on July 08, 2019

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