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Stock impact report

James Cropper transforms polycotton waste into paper [Yahoo! Finance]

REMY COINTREAU UNSP/ADR (REMYY) 
NASDAQ:AMEX Investor Relations: remy-cointreau.com/en/finance/publications
Company Research Source: Yahoo! Finance
The innovative process is designed to tackle the significant issue of textile waste in the UK, where more than 200,000 tonnes of such waste is generated annually, with only approximately 10% currently being recycled. The company's patented proprietary technology represents a significant advancement in sustainable manufacturing. It also aligns with James Cropper's commitment to creating a circular economy by diverting textile waste from landfills and incineration. This initiative follows the company's history of transforming post-consumer waste into valuable products, including its Cupcycling technology for upcycling used coffee cups and the Rydal project that incorporates used jeans into recyclable paper for packaging. A successful pilot project for this development funded by Innovate UK involved sourcing polycotton waste from commercial laundries across the country. The hotel industry, in particular, has been in search of a sustainable solution for its bed sheets, which ar Show less Read more
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