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Martex Fibers Expands Central American Recycling Operations

Spartanburg-based Martex Fiber Southern Corp. has established a strategic partnership with INVEX, a collector of pre-consumer textile waste with operations in Honduras and El Salvador, that will enable it to expand its textile waste reprocessing and textile brokerage operations in Central America. Martex is building a 90,000-square-foot refiberization plant in Honduras that will collect and process waste such as remnants, seamer waste, table cuttings and wipers from textile mills in Honduras and El Salvador, many of which are owned by US companies. The reprocessed product will be shipped to the United States and elsewhere for use in automotive, bedding, apparel and domestic textile products, including yarns manufactured by Jimtex Yarns, Martex's Lincolnton, Ga.-based affiliate.

The Central American textile waste will supplement the US supply of such materials, which has waned as domestic manufacturers have discontinued production operations.

Jimtex yarns made with the Central American textile waste will comply with terms of the Caribbean Basin Trade Partnership Act, which allows products made from materials originating in the United States and other countries participating in the Caribbean Basin Initiative (CBI) to be shipped duty- and quota-free within the CBI region and to the United States. The new operation also will reduce the amount of waste going into landfills or being incinerated.

"It is our goal to collect and recycle more than 50 million pounds of waste from Central America per year," said Jimmy Jarrett, managing partner, Martex.

January 2005




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