LOOPED IN with Carl Warkentin

Dissolver: The Modular Technology Removing the Hidden Chemicals from Textile Waste with Founders Ditte & Charlotte

Carl Warkentin Season 1 Episode 22

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0:00 | 37:15

Textile recycling sounds simple until you touch real post-consumer waste. It’s not just cotton and polyester. It’s elastane blends, heat-transfer logos, dyes, heavy metals, and PFAS that can derail downstream processing and destroy product quality. From Brussels, we sit down with Charlotte and Ditte from Denmark-based Dissolver to unpack a different angle on chemical textile recycling: don’t break the polymers if you don’t have to, clean them.

We walk through Dissolver’s modular, selective solvent approach for contaminant removal and why “designed for complexity” matters more than perfect feedstock. They explain how their process targets disruptors module by module, how solvent recovery works (their “washing dishes” analogy makes it click), and why keeping polyester intact can avoid some of the energy and refining burden seen in depolymerization routes. We also get practical about the messy middle of the value chain: what sorting is realistic, why Dissolver starts from shredded fibers, and the open question of who should own hard-part removal across a new recycling infrastructure.

Then we zoom out to scaling. Dissolver shares plans for an industrial pilot built to de-risk unit economics and prove off-take with spinners, plus a second path where individual modules can plug into other recyclers’ plants as preprocessing. We talk about siting decisions, Europe’s policy tailwinds, Asia’s gravity in textile manufacturing, and why the next decade likely brings both collaboration and consolidation across technologies.

If you care about circular fashion, fiber-to-fiber recycling, PFAS removal, elastane challenges, and what it takes to build real industrial capacity, hit play. Subscribe, share this with someone in the textile value chain, and leave a review telling us which part of textile recycling you think is hardest to scale.

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Brussels Expo And Quick Hellos

SPEAKER_00

Welcome everybody for another episode of Looped In. I'm super excited to be joined today by an amazing, very interesting startup from Denmark tuning in today from Brussels, Charlotte and Ditte from Dissolver. Welcome.

SPEAKER_03

Thank you. Thank you. Happy to be here.

SPEAKER_00

Beautiful. What brings you to Brussels these days?

SPEAKER_03

Oh, of course, it's the textile recycling expo.

SPEAKER_01

Yeah, what a timing.

SPEAKER_03

It's it's it's all the people involved in textile recycling are gathering here in the 35 degrees Celsius. So it's it's a little warm. But uh it's been a great day.

SPEAKER_00

I see my entire network is in Brussels these days. I traveled so much to Europe from the West Coast that I'm unfortunately not there this time. But I think I really have the feeling I'm missing out.

SPEAKER_02

I think you are. Everybody in the ecosystem is here these days. So sorry to say, Carl, you're missing you're missing out a bit.

SPEAKER_00

Well, we should definitely have a call after, and I'm I'm looking to hear all the news and all the things that you've learning and seeing on

Why Dissolver Exists

SPEAKER_00

the um on these days in Brussels. But obviously, today we are here to talk about the solver. Did it you founded it seven or eight years ago? Please walk us through how you ended up building that company.

SPEAKER_03

Yes, something like that. It it's been uh Charlotte, you you you uh previously said a small decade. Uh I think it it's not quite that, but it is uh it's getting there. So uh my uh my background is in biotech engineering and design technology within fashion design. And uh seven, eight years ago, I uh realized that uh there is a very fast-growing waste problem, one of the world's fastest growing waste problems in textile waste, and and that's basically where it started out, and uh and this is uh what the dissolver is uh is born to solve. Um so we developed a technology for textile waste recycling.

SPEAKER_00

I mean, next to obviously reducing overproduction in the first place, recycling is uh one of the most important and one of the most talked-about technologies out there. What

Modular Solvents That Remove Contaminants

SPEAKER_00

makes this solver unique compared to so many other players that are also already out there?

SPEAKER_03

I think uh what is uh very important when we look at the textile waste, it's a very, very heterogeneous fraction of waste. So that means it's it's uh very complex with different types of substances. There's so many different types of hard parts and soft parts, uh, zippers and buttons and trims, uh heat transfer prints with the logos, all these different things, and all of this is made from different kinds of chemicals, different kinds of uh complex material uh compositions, and this is what we need to be able to uh to handle. So, what is special with our technology is that it is uh it is designed to handle the complexity. Uh so it's it's basically all dissolution of stuff. That's also where the name dissolver comes from, dissolving uh different uh target contaminants. And and and what is uh is really special with our technology is that rather than being one uh modular recycling uh method, it's more like a a it's relying on a series of different optimized modules adapted to different kinds of feedstock uh composition. So depending on what is uh what is it that we are trying to remove. It can be illistin or PFST, it can be dyes, heavy metals, all of these different kinds of substances that we need to be able to remove. And we have a series of modules designed to adapt and be very, very flexible. Um and this is optimized for all these different types of textiles we can get. And uh each of these modules has an integrated selective solvent system designed for these specific uh contaminants that we are targeting. Uh, it also comes with uh designed uh solvent recovery technology. So, this is something we've been thinking out uh from the beginning because uh this will only work and be both uh uh financially and uh sustainably uh viable if we're able to also recover the solvents that we're using. Uh we have water recovery technologies in all of the modules, and we have a waste treatment pathway so we have validated that we are actually able also, for example, when we remove PFAS, we are able to actually then uh destroy uh the PFAS fully so it doesn't create new environmental issues. And this also goes through all the different types of, for example, problematic heavy metals, or whatever it is that we are removing. And then with all of these modules, we also have uh integrated product quality controls because another thing which is very important with our technology is that we are not degrading any of the materials, we are simply removing all of the things tied uh chemically to the materials. Um, and then we are keeping the materials intact. So we get mainly uh cotton and polyester, that's the main component of textiles. Uh so when we remove everything else, this is what we have left, and both of these will be used for recycling into uh two new fibers. So it is closed loop, fiber-to-fiber recycling. We can separate the polyester without degrading the polymers, it's still intact polyester, it can be used directly in spinning of new polyester fibers, and we have a cellulose fraction uh mainly from cotton, which will then be used for spinning

Sorting Needs And Shredded Fiber Input

SPEAKER_03

main-made cellulose fibers.

SPEAKER_00

Let's go a bit deeper into that. Uh so you say you have this modular system. Do you need a very clear pre-sorted fraction of textiles in order to then decide which modular system to direct this this um feedstock to, or do you just take a big sort of unsorted feedstock, and then you are able in your process to kind of guide the whole thing through the process?

SPEAKER_03

We need some sorting. Uh, one of uh the main reasons why we are uh developing or have developed the technology to be like this, to be so flexible and modulized is because we believe in scaling, we will uh need to be uh ready for uh for that uh uh variation in the collected uh textile waste. We want to work with post-consumer waste. But there will be some sorting and and and collection uh, of course, in order for the waste to get to us, and because uh because uh we need to work with the logistics being built around textile recycling in general, we we expect to have a more polyester-rich uh fraction, but we can take uh quite a lot of uh of cellulose with that and illustrate with that fraction, and then we also expect to have a more cellulose-rich fraction, probably from some other areas, from some different uh sorting, and then a very mixed fraction. We can also take uh anything between uh 30% polyester, 70% cellulose, or the other way around with all these contaminants. So it's really flexible, but but we do expect to have some standardized groups of textiles with some standard compositions, but that's really more about what will be sorted, how will it be sorted? And we are working closely with the sorters to uh to make sure that it fits together, and the design parameters we put in in scaling of our technology also fits with with the fractions that will likely be sorted. So so it's not a technol i I'll say it's it's not a technical limitation to our technology, but it's it's a logistic uh thing to think about.

SPEAKER_00

Right. And before you start the process, do you take care of the removal of all hard metals? Or how do you start the process on your end?

SPEAKER_03

We uh the the the IP, the the the special uh technology uh part that we have uh starts from uh shredded fibers. So we have not developed a solution for removing uh the buttons and zippers and so on. We we just take the the fibers when they are uh being when they have been removed. Uh and and this is uh this is a good discussions that we are having. Uh we we had it again today with some of the sorters, and we had it for years. Um because it's it's really a matter of who's going to take that. And and I think it's it's uh this uh this leads to another thing, which is we we are building infrastructure right now around recycling and who is doing what is a very good discussion because we could be the ones doing it, or the sorters could be doing it, or it could be done in a fully separate, uh centralized uh place, it could be decentralized, be done different places. It's it's really uh it's really a good question. So, but it's not it's to get back to your question. That's not what we uh it's it's not what we uh value uh ourselves uh in order to be able to do. So that that comes afterwards.

SPEAKER_00

You're right. I mean, we are in an interesting time where the whole infrastructure is being developed and built out right now, so we have to figure out how decentralized and how how many local smaller hubs or for for the whole thing from collecting, sorting, recycling, or how much does it make sense to centralize it? Because in the end, it's a thin margin game and centralization can sometimes help to bring through a lot of mass of textile waste.

SPEAKER_02

Can I just add a thing? Uh you asked about the modularity of our processes. Uh we are very much aware that due to our modularity, if a colleague of ours has challenges, for example, with elastane removal, they can actually uh get our uh module in for the removal of elastane as a standalone solution that is uh compatible to uh to their uh their technology. And then that's basically all of our modules. You can you can take them out and they can be standalone solutions if you have something that you know has a lot of PFAS in it, then that process uh can be uh that that can be uh delivered as a standalone solution.

Scaling Plans And Funding As Infrastructure

SPEAKER_00

Right. Okay. That that's perfect and leads me to the next question. How do you want to scale your solution and and the company? Um is it gonna be big massive factories or modular systems, centralized, decentralized? Are you planning to recycle yourselves or do you plan to sell modulars to to other recyclers?

SPEAKER_02

Well, I think we might be going uh two ways here. Uh we certainly uh we want to see the whole uh recycling uh take off uh in a good way. And if uh our colleagues have some challenges that we have a solution to, we certainly want to be uh a solution provider for them. We also see as we have a holistic approach that we can do uh most of it. We can take in the uh textile waste, including uh post-consumer textile waste, and we can do the full all of our processes, and then we come out our uh output material is cellulosic uh pulp and uh polyester uh powder. And uh so we we can be uh a dissolver solution. We expect that we will be uh now we are raising money for our industrial pilot. We hope to close here just after the summer break, and then we will uh have our uh industrial pilot up and running fairly soon. We are talking to people in uh Asia and in South America about basically getting a full industrial uh plants underway. And we will we will pursue uh both ways. Uh I don't necessarily see that we are going to invest in in industrial plant number one to ten and to number uh N, uh whatever number you come to. Uh we see that you we should find a uh an investment solution that who will invest in this. And I think it's very important that uh everybody is aware of that what we are building is mainly infrastructure to s uh to serving the uh textile waste uh problem.

SPEAKER_01

Right.

SPEAKER_02

So so we so we so so you have in our viewpoint you have to consider this much more as infrastructure, uh with a long depreciation period. You set yourself tight margins, uh yes, uh, but if you actually make something that is infrastructure, it will last for a long time and you might uh make the margins a little bit better on you. So so so but but it's it's something new. Uh back in uh 30 35 years ago, Denmark basically built up the wind turbine industry. And if you look at the financing models that they're using for wind turbines in the future, I expect that we will see something like that in the textile uh recycling uh industry.

SPEAKER_00

Oh, that would be great.

SPEAKER_02

It would be, yep.

SPEAKER_00

Um building new technology is always risky in terms of scalability of things. How far are you? You just mentioned you're about to build the first industrial pilot. So I assume you have already a demo plant and the you have surpassed the lab scale, etc. So where are you standing and how confident are you about the scalability of things?

SPEAKER_02

Oh we we are we are very confident, and of course the industrial pilot is all about de-risking. Uh in in headlines, the industrial pilot had three purposes: bringing down unit economics, so to make the the margins a little bit better than everybody is saying industry. Uh seeing to it that it's scalable, is that it the whole process is scalable into industrial uh size, and then to actually uh meet the market, the off-takers, uh to do tests on our uh industrial pilot.

SPEAKER_03

Yeah, and and maybe to add because Carly, you you just asked if we are past the lab stage, and and for us, because when we are working in the lab, we we like maybe to do 10 grams or something like that uh uh at a time and then have a small pilot which can do uh five to ten uh kgs per run. And in this industry, uh many many people would still call that a lab plant. To us, it's the first pilot, so it's a big scaling step. It's uh it's a five meters tall plant, so to us it it was a big step to see going out from our lab and see that it the process works in the same way. But still we need to make larger quantities. So the the third point Jalet just made, we need to be able to actually supply the quantities that the fiber spinners will need in order to run their pilot.

SPEAKER_00

Right, yes. And initially you said you do not depolymerize uh textiles, you are dissolving it, which is also why you have the the the name the solver. It sounds

Energy Use And Solvent Recovery Explained

SPEAKER_00

first of all energy intense, and it also sounds that you need a lot of chemical solvents, which are also not necessarily good for the environment.

SPEAKER_03

Okay, yes. Uh first of all, uh we don't use any toxic chemicals, we don't use any harmful chemicals. The only harmful chemicals in the process is the ones that we remove from the textiles. So that would be the PFS and the different dyes that can be toxic and so on. We remove that and we have uh waste uh management pathways to secure that these will be safely uh destroyed, uh, not to end up in the environment. So so so that's the first uh thing. Then you said energy intensive. Uh our process uh when continuous and uh and it has the the right temperature and everything else, then it's it will just uh run. We don't need pressurized vessels, which is one of the things that normally can take quite a lot of energy uh in chemical recycling, uh, when you do depolymerization. Another thing when you have a depolymerization chemical recycling technology is you need quite a lot of uh refining of the of the things that you need to uh take out. So when you do the depolymerization, you have the monomers from the polyester, for example, and then you need uh to refine that. And these processes can be quite energy intensive. We don't need to do that because what we get from our process, it is still intact uh polyester. It just comes out as a granule and we can use it directly. So we skip that whole part of uh doing the depolymerization and the repolymerization. So that's already quite a lot of uh of energy safe compared to other chemical recycling technologies. So we would definitely argue that we are quite a lot uh lower on the energy consumption uh compared to other chemical recycling technologies. And then I forgot the third point. You had a third question. I forgot.

SPEAKER_00

No, it was yeah it was about uh the the the two things about the energy and about your solvents.

SPEAKER_03

Um you asked the question about spending solvents as well. So we have the uh I mentioned we have the the solvent recovery technologies goes into each of the modules. So these are integrated. We don't actually spend the solvent when we dissolve, so you should think uh more like when you do when you wash your dishes. So in old times, when you used to wash your dishes in a in a tub, uh you have the soap and the water in the top, and you can put in a new plate without having to change the water all the time. It's it's basically the same. So uh just to just with other liquids inside. So we keep them uh for quite a long time before having to do anything. And then when we have too much contaminant buildup in these different solvents we use, we'll filter them out, and the solvents are are good as new. So so so quite the opposite, actually.

SPEAKER_00

Sounds beautiful. Is are other technologies that are out there uh from you know all the players that are already active in the field and already maybe at a even further advanced stage when it comes to scalability? Are they not able to remove all the harmful chemicals?

SPEAKER_03

In uh in chemical recycling of plastic, uh many of these uh these different technologies being scaled currently is more or less based on uh on on adaptations of technologies used to recycle plastics uh from packaging and so on.

SPEAKER_01

Right.

SPEAKER_03

And in these technologies, it's not really an integral part to remove these things. So uh what we do would you could actually call it a pre-processing uh for these other technologies. So we in our technology it is a key to remove the chemical disruptors. In the other technologies, their key is more or less to uh break down the polymers and then refine and make sure that they can make uh perfectly uh good as new uh polymers from ground up. So so so it's really uh it's really two different uh things I would say. And and um of course, uh some of the other technologies, there are some of the other companies working on this, they might have some purification process in front of what they do, but it's it's not really called to uh a classical uh uh glycolysis or hydrolysis or whatever they are using to depolmerize. And one thing we know at least is that Lastane is quite a large problem, and that's both on the synthetic and and the cellulose recycling technologies that we have heard uh reported quite a lot of issues on the L-Stain. And and in our process we are able to remove that. Uh we design uh for scaling to remove up to 5%, but in in principle we could go up to 15%, and and in the future maybe even 25%. And now today, actually, in in Brussels, we just heard that there is probably more L-stain in uh in this uh collected post-consumer textile waste than previously assumed. So we might rate the raise we might raise our our design parameter for scaling a little bit from five and a little bit higher. But again, that's back to what is being sorted because we we design for what is being collected.

SPEAKER_00

Alright, and you have this modular system which sounds very attractive and adjustable to whatever is required. How scalable is it? If I'm thinking of some plants right now that are being built with capacity of a hundred thousand to two hundred and fifty thousand tons a year, um is that something you can just like plug into, or is it more a modular decentralized system?

SPEAKER_03

So it it would go in front. We have we have several different processes. And and as uh Charlotte mentioned before, some of these modules can uh probably be used as a pre-processing to remove some of the disruptors that would uh that would be difficult for these other technologies. So that could be Lastane. For example, they could put a a sort of a plug-and-play uh Lastain uh removal module in front of their process for polyester recycling, and then it would be way easier for them just to take in uh feedstock with Lastane. So it would be a way for them uh for the other recyclers also to enable a broader use of more complex feedstock. Um and uh we do have more different processes um than these other technologies. Um that's because uh we target many different substances rather than uh targeting one type of polymer, we target several different chemical contaminants, basically.

SPEAKER_02

Um and as to scale, we will we we do expect that uh from our industrial pilot, when we are scaled up from that, that we will be able to pre-process for for the uh for the large installations of 100,000 K

Where Plants Go And How Markets Evolve

SPEAKER_02

or uh 250,000 K. Uh that we will be able to.

SPEAKER_00

You're based in Denmark. Is that also where you're gonna plan to build your first industrial demo plant?

SPEAKER_02

We are looking at multiple locations, as uh I'm sure uh I think we've heard before on your uh uh your podcast here, Lukden. Uh everybody is scouting where where is the right uh place to uh to locate the first uh full skip uh full-size installation. Uh we are uh of course scouting in Denmark being dated ourselves, uh, but basically it's it's a question of you need the feedstock to get into the installation. And in the beginning, it's probably also a question of uh funding. Uh we know that some of our colleagues they have uh got quite nice sized uh grants uh from either national governments or for the EU, and that will just be a variable that we have to take into consideration when deciding on the first industrial scale.

SPEAKER_00

Of course. I am quite frequently in the Nordics, mostly in Copenhagen and in Stockholm, and I love the ecosystem, especially when it comes to recycling also in in Denmark. I mean, I I'm aware you know Ricke from New Retex, uh, a great sorting technology. I am also working with an Indian company that is actually it's an Indian family business, but the startup is in the US and they have a global collecting scheme, and it's the first time that I really saw this fully integrated and as a one circle. So they collect in the US, but also in Europe, and and funnily enough, they have a project with Denmark where they collect textile waste from Denmark, ship it to India, and it's all one company that family business that sorts and recycles, spins the yarn, does the fabric, and actually creates new garments as well. So it's a really holistic approach. Is that something that could be interesting for you guys also to move to India, for example? Because I'm aware um the grant thing is probably something that is very European, but most of the textile is not in Europe.

SPEAKER_03

Not so European.

SPEAKER_02

It's basically it's it's uh it's uh sensitivity analysis. Where do you want to move the uh textile waste or do you want the uh outp to move the output uh back to Asia? Because uh we are basically not uh the next uh step on the value chain. We do not do that in a big scale here in Europe, so uh our output material has to go back. Uh that's a question that can you can do a lot of calculations on. But uh if you say that you need a double of textile waste, you would be moving a lot of textile waste, uh non-rewareable, uh back to uh India or Pakistan or wherever it comes from. Um but but that's basically it's a financial calculation that you have to do on that. But we are very interested in talking to uh to Indian and uh further uh away in uh Asia to companies that are into our technology.

SPEAKER_03

Yeah, and and and just to add to that, uh our main goal is to solve a textile waste problem. And we are very happy that we managed to do that in a way that keeps the integrity of the polymers in a way that it can be used in in new textile fibers of of high quality. So when we have uh a technology and we have the infrastructure built to solve the textile waste problem, we want uh the highest value from the products uh for us and and for the global textile industry. And and and basically that is not uh that is not close to Denmark, let's say that. And we have an area where this is a global industry and we we want to work global in the industry.

SPEAKER_00

I had now several recycling technologies on this podcast, and everybody seems to be very open-minded when it comes to the competition in a way, because everybody says we have this general problem, the market will be big enough. And so I I can imagine that there's even some sort of collaboration. So I like your approach when you even say you may run your own plants, but you also may supply other plants uh with your solution. How do you see the market in five to ten years, the global textile recycling market?

SPEAKER_02

I we I I think we see it uh a little bit fragmented. In Europe, we have some regulatory drivers, or we expect some more regulatory drivers to to build the whole uh circularity recycling uh business. However, we know that uh China they came out with a new five-year proposal uh for the five-year plan. Uh they have a uh a set target of how much they want to uh recycle by 20 uh 30, I think three million tons. And basically, our technology, if that fits in there, then we are in China. If it fits in in India, we are in India. But basically, the problem is global. As Diva said, we are we're trying to solve our global uh waste problem. We make 130 million tons of textile waste uh globally. That's plenty for all of us. However, we all know that uh 10 years down the line, uh two, three, four, five maybe of these technologies that are uh getting uh uh scaled up uh at present, they will be the winners uh of the technology. Uh I mean they're not gonna be 20 or 30 or 70.

SPEAKER_03

There might be some uh consolidation happening over the next five years, probably of technologies and collaborations happening more. And and I I agree with uh with what you said that there is a lot of openness. I think it's uh a necessity. We really, really, really need our colleagues, yeah, competitors to succeed, at least some of them to really succeed. And and and we are cheering because uh we're cheering cheering them on because we we need to build the infrastructure, and that that's not gonna work with one company alone. That would be uh that would be impossible. So so we need each other.

SPEAKER_02

Yeah, and and and the the the the the industry really can't afford uh another big uh bankruptcy. I mean we can't afford it. I mean we have to prove that the technology out there and there are uh colleagues that are uh way ahead of us and they're building their industrial scale uh plants here in Europe. We wish them every luck, and if we by any way can help them to succeed, we would be more than happy to because we have to prove that uh textile, chemical textile recycling is here for the future to solve the problem.

SPEAKER_00

I really love that message. Uh, thank you so much for putting it out there. And I couldn't agree more, and I think every single person who was on this pod was having the same message, and I really like it. After I remember very well after RenewSell went bankrupt, there was a big shock for every single one in the industry because everybody was scared. What does that mean? Another thing that I really like about the textile recycling industry is that it only works when you really look into the entire value chain, and that is something I'm very passionate about, understanding and kind of controlling the entire value chain. And as a recycler, you do need to make sure you have feedstock, so it needs to be sorted, it needs to be collected. That's an entire industry that is waiting for recycling to come through in order to you know make it a profitable business also to collect and to sort, and then obviously with the right quality of recycling, you you have then uh yarn spinners who are interested in in buying that yarn uh that that

The Big Ask Plus Brussels Goals

SPEAKER_00

recycled content. What is the main message that you want people to hear about dissolver? Um, I we met um just a couple of months ago in Copenhagen, and I really like your approach and your technology. What do you want people to really take away? No matter if it's other people in the industry or investors, what is making you um special and what do you want people to take away?

SPEAKER_03

It is my overriding goal in life, it has become my overriding goal in life for almost a decade, some would say, to build the infrastructure to uh solve a very large waste problem. And and I want our technology to get out there. Uh I want uh parts of the technology to go out and and work where they're uh most uh helpful. Charlotte just said it. Uh any way we can help build and partake in the infrastructure being built right now is uh it's really uh it's really important for us that uh everybody uh understands that we are open and uh willing to talk and willing to share and and share what our technology can do. So uh to reach out, uh we can do trials in lab and pilot and uh and anything, and and we are very willing to do that and work with anyone who wants to to try something that uh would enable them to scale in this area.

SPEAKER_02

And and on my part, I think uh I would probably uh I'll probably speak to the investors and say you have to look as I said before. Uh you're building infrastructure here that uh also has a very important impact because there are uh CO2 reductions involved involved in this. Uh and uh we are building on the local resilience. I mean, uh we don't know what the world looks like uh tomorrow, and we certainly don't know what it will look like. We know there will be textile waste. There will be textile waste. That's one thing we need to do. There'll be that in 10, 15 years again. But but but basically it it's uh it's also now about resilience. Uh if uh it got even mad at your political situation, we would be able to actually uh start up a production. I know it's a long way. But basically, I think it's it's a it's a funding, I think everybody has to look uh broader uh for funding. Uh it's important that uh the EPR schemes is uh uh uh a helper. However, uh it should be a standalone uh industry that actually can uh by the uh by the economics of scale in time be self-supportive. Uh however, in the beginning we probably will need some uh grants, and that's just not the investors, but that's also the uh the the the the public uh as in the um in the governments and the policies that they actually support uh this in the beginning. However, in if you look further down the line, I think in 20 years' time, uh-head from textile that will be a commodity. So it will be traded as a commodity, and you can make takeoff uh agreements or you can go on the spot market, but basically it will be traded as a commodity. Otherwise, we are not uh really solving the textile waste uh problem.

SPEAKER_00

Right. What is your plan going back to you being in Brussels right now? What is your plan? What is your goal for these days in Brussels? Do you look for investors, other solutions, customers? Do you already do pilots with brands? Like where what are you currently trying to accomplish there?

SPEAKER_03

We are first of all, we it's a really good opportunity to reconnect with several of the people we already have ongoing uh dialogues and partnerships with. So so, first of all, that that's one thing. Um we also sorry Carl. Yeah, uh then uh we are actually not just at the textile recycling expo, we are also at the Future Fabrics Expo, which is uh this year located in the same hall or just uh right next to the textile recycling expo. And uh in there we just had a uh meeting with uh stakeholders in a uh project with Fashion for Good called Feedstock Activation Europe, where we have just been onboarded as innovators for uh for enabled broader feedstock use from post-consumer textiles in Europe. So that's also an important uh meeting. We had uh a really uh nice uh meeting today uh with all the other uh stakeholders in the project. Yeah.

SPEAKER_00

Congrats um that you're part of it. Um does a wonderful thing.

SPEAKER_03

We agree.

SPEAKER_00

Thank you so much for your time. I'm really excited to see how you further develop your solution and um get out there. I'm I'm really happy to witness it and uh stay in touch. Keep us posted how it's going. Um and thanks for taking the time from Brussels.

SPEAKER_02

Thank you, Carl. Thank you. It's been uh nice to talk to you. Very nice to talk to you. See you. See you.

SPEAKER_00

Thanks, guys.

SPEAKER_02

Bye.