Driving innovation is key to advancing towards a more responsible industry. This collaboration is a great example of how, by collaborating all together, we can use the new technology to transform textile waste into a new resource. This project is also a first step to move towards a circular solution, as the industry still needs to boost new collecting and recycling capacities in order to close the loop and scale recycling for post-consumer waste. Javier Losada, Inditex's Chief Sustainability Officer The collaboration of BASF and Inditex is based on a joint journey – both companies are following ambitious sustainability goals. By the year 2030, BASF aims to double its sales generated with solutions for the circular economy to €17 billion. To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. Inditex aims to have 100% of its textile products to be made exclusively from materials with a smaller environmental footprint by 2030.