South Korean fibre manufacturer, Hyosung, has teamed up with a municipal government to release a new nylon textile made of abandoned fishing nets. The company has signed a memorandum of understanding (MOU) with the Busan metropolitan government and a social venture, Netspa, to produce eco-friendly textile by recycling abandoned fishing nets.
The partnership was formed to reduce the pollution of marine ecosystems caused by abandoned fishing nets as well as to improve awareness about the protection of the marine environment. The city government will establish a system for separate disposal of abandoned fishing nets, while Netspa will be in charge of washing and processing the collected fishing nets, Hyosung said in a press release.
With the recycled fishing nets, Hyosung will produce a nylon textile called MIPAN Regen Ocean. It will also expand investment in a depolymerisation facility that improves the purity of ingredients by removing the impurities in fishing nets. By expanding the depolymerisation facility by the end of this year, Hyosung aims to churn out more than 150 tons of MIPAN Regen Ocean per month, Hyosung said.