HeiQ AeoniQ “game-changing” decarbonizing yarn endorsed by HUGO BOSS and The LYCRA Company

2022/03/01
HUGO BOSS became a front-runner in the race to adopt HeiQ AeoniQ yarns by putting a US$5M equity investment in HeiQ AeoniQ LLC and additional contingent US$4M based on performance milestone arrangements.

HUGO BOSS became a front-runner in the race to adopt HeiQ AeoniQ yarns by putting a US$5M equity investment in HeiQ AeoniQ LLC and additional contingent US$4M based on performance milestone arrangements. The LYCRA Company has also become the exclusive distributor for HeiQ AeoniQ yarn by making a significant, undisclosed investment and by committing to develop the technology for broad application in textiles.

HeiQ AeoniQ cellulosic yarn made of climate positive raw materials

HeiQ AeoniQ (Aeon: striving for eternal circularity) – a continuous cellulosic filament yarn with the potential to compete with polyester and nylon fibers – constitutes a revolutionary, first-to-market and scalable proprietary apparel technology, which will allow the manufacturing of a sustainable, cellulosic yarn designed for circularity and closed-loop recycling that could ultimately substitute oil-based fibers.

HeiQ AeoniQ yarns are made out of cellulosic biopolymers that during growth bind carbon from the atmosphere. HeiQ AeoniQ yarn is designed to substitute existing oil-based filament yarns, such as environmentally persistent polyester and nylon, which constitute over 60% of global annual textile output of 111 M metric tons. The global polyester and nylon fiber market is worth an estimated US$135 billion USD with a CAGR of >3.5% over the next decade (Statista). For every ton of polyester & nylon substituted by HeiQ AeoniQ, potentially up to 5 tons of CO2 can be reduced.

When compared to conventional polyester, nylon, cotton and conventional regenerated cellulosic products, the production of HeiQ AeoniQ yarns has the potential to transform the environmental impact of fiber production, as it is designed to be circular, uses 100% renewable energy for manufacturing, features a closed-loop recycling of more than 99.5% of productive factors, uses no toxic chemicals, and does not draw on arable land, pesticides or fertilizers for its feedstock.

 

Source: Textile Focus