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Stock impact report

Fashion for Good launches new project aiming to scale biobased polyester [Yahoo! Finance]

INDORAMA VNTRS UNSP/ADR (INDOY) 
Company Research Source: Yahoo! Finance
While many apparel brands and manufacturers are looking to move away from plastic-based materials, the supply of 100% bio-based materials remains cost-prohibitive for many. There are also concerns around the potential impact of sourcing biomass feedstocks at scale on food security, biodiversity, and forests. Fashion for Good says mass balance could provide a “practical bridge," allowing brands to integrate renewable materials in a cost-effective and scalable way. The MBA model allows renewable and fossil-fuel-based materials to be mixed, with renewable inputs tracked and allocated to outputs through audits and certification bodies. “We are at a point where the industry wants to move and adopt biosynthetics, but the production frameworks and commercial infrastructure haven't caught up,” explained Katrin Ley, managing director at Fashion for Good. “The Mass Balance Demonstrator project is about closing that gap: building the impact and commercial evidence, the blueprint, and Show less Read more
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