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Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America

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Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America
News

News

Recover™ and Intradeco Announce Strategic Joint Venture to Enhance Recycled Cotton Fiber Production in Central America

2025-05-15 14:01 Last Updated At:14:31

MADRID--(BUSINESS WIRE)--May 15, 2025--

Recover™, the leading materials science company and large-scale producer of sustainable, high‑quality recycled cotton fiber and cotton fiber blends, and Intradeco, a global vertical manufacturing group and prominent player in the textile industry, offering high-quality apparel across an extensive range of categories, are pleased to announce the formation of a strategic joint venture aimed at producing Recover™ recycled cotton fiber and revolutionizing the textile production landscape in the Western hemisphere. This partnership marks a significant milestone in both companies' commitment to sustainability and innovation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250514505871/en/

The joint venture will be based in El Salvador, leveraging the region's strategic position within the Americas' textile economy offering near shore quick and flexible models to our customers supply chains. This partnership will be the beginning in a process of developing closed textile loops and more circular textile systems in the mid-term. This collaboration will enable both companies to capitalize on the growing importance of the CAFTA region, where major global brands and retailers are establishing production hubs in response to recent potential trade tensions in the Americas.

The new processing plant in Central America is strategically located close to textile waste and production streams, allowing it to operate in a cost-efficient manner, offering fast lead times while lowering the supply chains carbon footprint. Additionally, the initiative will simplify compliance with the UFLPA for US textile and apparel manufacturers, while also addressing the increasing demand for nearshoring.

Recover™ brings its proprietary process and know-how to produce low-impact, high-quality recycled cotton fiber, which will be a cornerstone of the joint venture's operations. This technological expertise will enhance the venture's ability to deliver innovative and sustainable textile solutions to the market.

"We are thrilled to partner with Intradeco to bring our sustainable textile solutions to the Americas and address the increasing demand for nearshoring in the region. This joint venture is another step in our journey to enable large-scale sustainable change in fashion through business value and inspiration. Together, we aim to support changed trade patterns and drive innovation and sustainability in the textile industry,” s aid Anders Sjöblom, CEO of Recover™.

"Intradeco is excited to partner with Recover™ to enhance our production capabilities and deliver high-quality, recycled products at scale to our customers. This partnership represents a significant step forward in our commitment to sustainability," said Jaime Miguel, CEO of Intradeco.

Recover™ now offers sustainable and cost-competitive solutions for brands and retailers in most major textile production hubs, serving customers from Spain, Bangladesh, Vietnam, Pakistan, and now El Salvador.

The joint venture is set to commence operations in 2025, with initial shredding activities being temporarily managed out of Recover™ Spanish factory.

About Recover™

Recover™ is a leading materials science company and global producer of low-impact, high-quality recycled cotton fiber and cotton fiber blends. Its premium, environmentally friendly, and cost-competitive products are created in partnership with the supply chain for global retailers and brands, offering a sustainable solution to enable large-scale sustainable change in fashion through business value and inspiration. As a fourth generation, family-owned company, and backed by recent investment from STORY3 Capital and Goldman Sachs, Recover™ is on a mission to scale its proprietary technology to make a lasting positive impact on the environment and partner with brands/retailers and other change-makers to meet the industry’s sustainability targets.

For more information, contact us at press@recoverfiber.com, visit www.recoverfiber.com and follow @recoverfiber on social media.

About Intradeco

Intradeco Apparel is a vertically integrated global manufacturing company that supplies quality casual clothing to major retailers across North America. Our long-standing commitment to sustainability has been recognized by various industry partners and leaders. Intradeco has been a pioneer in manufacturing of recycled yarns and textiles in the western hemisphere, as well as a major player in renewable energy production and water recycling in textile processes.

"We are thrilled to partner with Intradeco to bring our sustainable textile solutions to the Americas and address the increasing demand for nearshoring in the region. This joint venture is another step in our journey to enable large-scale sustainable change in fashion through business value and innovation. Together, we aim to support changed trade patterns and drive innovation and sustainability in the textile industry,” said Anders Sjöblom, CEO of Recover™.

"We are thrilled to partner with Intradeco to bring our sustainable textile solutions to the Americas and address the increasing demand for nearshoring in the region. This joint venture is another step in our journey to enable large-scale sustainable change in fashion through business value and innovation. Together, we aim to support changed trade patterns and drive innovation and sustainability in the textile industry,” said Anders Sjöblom, CEO of Recover™.

Some celebrities donned anti-ICE pins at the Golden Globes on Sunday in tribute to Renee Good, who was shot and killed in her car by an Immigration and Customs Enforcement officer this week in Minneapolis.

The black-and-white pins displayed slogans like “BE GOOD” and “ICE OUT,” introducing a political angle into the awards show after last year’s relatively apolitical ceremony.

Mark Ruffalo, Wanda Sykes, Jean Smart and Natasha Lyonne wore the pins on the red carpet, and other celebrities were expected to have them on display as well.

Since the shooting Wednesday, protests have broken out across the country, calling for accountability for Good's death as well as a separate shooting in Portland where Border Patrol agents wounded two people. Some protests have resulted in clashes with law enforcement, especially in Minneapolis, where ICE is carrying out its largest immigration enforcement operation to date.

“We need every part of civil society, society to speak up,” said Nelini Stamp of Working Families Power, one of the organizers for the anti-ICE pins. “We need our artists. We need our entertainers. We need the folks who reflect society.”

Congressmembers have vowed an assertive response, and an FBI investigation into Good's killing is ongoing. The Trump administration has doubled down in defending the ICE officer's actions, maintaining that he was acting in self-defense and thought Good would hit him with her car.

Just a week before Good was killed, an off-duty ICE officer fatally shot and killed 43-year-old Keith Porter in Los Angeles. His death sparked protests in the Los Angeles area, calling for the officer responsible to be arrested.

The idea for the “ICE OUT” pins began with a late-night text exchange earlier this week between Stamp and Jess Morales Rocketto, the executive director of a Latino advocacy group called Maremoto.

They know that high-profile cultural moments can introduce millions of viewers to social issues. This is the third year of Golden Globes activism for Morales Rocketto, who has previously rallied Hollywood to protest the Trump administration’s family separation policies. Stamp said she always thinks of the 1973 Oscars, when Sacheen Littlefeather took Marlon Brando’s place and declined his award to protest American entertainment’s portrayal of Native Americans.

So, the two organizers began calling up the celebrities and influencers they knew, who in turn brought their campaign to the more prominent figures in their circles. That initial outreach included labor activist Ai-jen Poo, who walked the Golden Globes’ red carpet in 2018 with Meryl Streep to highlight the Time’s Up movement.

“There is a longstanding tradition of people who create art taking a stand for justice in moments,” Stamp said. “We’re going to continue that tradition.”

Allies of their movement have been attending the “fancy events” that take place in the days leading up to the Golden Globes, according to Stamp. They’re passing out the pins at parties and distributing them to neighbors who will be attending tonight’s ceremony.

“They put it in their purse and they’re like, ‘Hey would you wear this?’ It’s so grassroots,” Morales Rocketto said.

The organizers pledged to continue the campaign throughout awards season to ensure the public knows the names of Good and others killed by ICE agents in shootings.

For more coverage of the 2026 Golden Globes, visit https://apnews.com/hub/golden-globe-awards

Jean Smart poses in the press room with the award for best performance by a female actor in a television series – musical or comedy for "Hacks" during the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (AP Photo/Chris Pizzello)

Jean Smart poses in the press room with the award for best performance by a female actor in a television series – musical or comedy for "Hacks" during the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (AP Photo/Chris Pizzello)

Natasha Lyonne, left, and Clea DuVall arrive at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Natasha Lyonne, left, and Clea DuVall arrive at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Wanda Sykes arrives at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Wanda Sykes arrives at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Mark Ruffalo, left, and Sunrise Coigney arrive at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Mark Ruffalo, left, and Sunrise Coigney arrive at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Mark Ruffalo, wearing a "Be Good" pin, arrives at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

Mark Ruffalo, wearing a "Be Good" pin, arrives at the 83rd Golden Globes on Sunday, Jan. 11, 2026, at the Beverly Hilton in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP)

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