Leading denim manufacturer and exporter in Bangladesh, Envoy Textiles plans to establish a Waste Fabric Recycling Plant at its factory in Bhaluka, Mymensingh. Through this move, the company aims to increase its production capacity while meeting the growing demand for sustainable and eco-friendly textile production.

The total project is estimated to cost Tk 237.04 million, with 70 per cent of the funding coming from debt and 30 per cent from equity. The recycling plant is expected to be operational by the end of June next year.

The plant will process both local and in-house pre-industrial and post-consumer waste fabrics, converting them into high-quality recycled fiber. Once operational, it will reduce Envoy Textiles’ reliance on externally sourced waste cotton by producing recycled fiber in-house. This will not only boost the company’s operational profitability but also cater to growing buyer demand for environmentally responsible production practices.

The company emphasises, the project will strengthen its eco-friendly manufacturing credentials and enhance its competitiveness in the export market by reducing costs associated with external sourcing. The recycling plant is designed to process 12 tons of waste fabrics per day, with an impressive 98 per cent recovery rate, converting nearly all input material into reusable fiber.

Under favorable market conditions, the project is expected to generate around Tk 80 million in annual profits, further contributing to Envoy Textiles' bottom-line growth.

One of the largest denim manufacturers in the country, Envoy Textiles is also the first denim project in Bangladesh to utilize the rope-dye technology. The company’s commitment to sustainability is further highlighted by its recognition as the world’s first LEED-certified platinum factory, underscoring its leadership in eco-friendly textile manufacturing.