HO CHI MINH CITY, Vietnam , June 25, 2024 /PRNewswire/ -- NEXTEVO , a Singapore -based materials science startup, is thrilled to announce the launch of its inaugural production facility in Dong Nai province, Vietnam . This state-of-the-art facility transforms pineapple leaf fiber (PALF) into ready-to-spin (RTS) fiber using NEXTEVO's efficient mechanical process for scalable production. NEXTEVO's Launch Addresses Two Significant Environmental Challenges Agricultural, forestry, and land use contribute 21% of global greenhouse gas emissions.
Improper disposal of agricultural waste, like burning unutilised pineapple residues or letting them decompose, releases significant amounts of carbon dioxide and methane, potent greenhouse gases that harm the environment. The fashion industry also contributes significantly to environmental degradation, responsible for 10% of global carbon emissions . To address environmental challenges, NEXTEVO's expansion in Vietnam utilises agricultural by-products to create sustainable textile materials and supports sustainable initiatives .
Leveraging Vietnam's Strong End-to-end Textile Supply Chain Vietnam , the world's third-largest textile exporter , offers a strategic location for NEXTEVO's debut. Located in Dong Nai , NEXTEVO's new facility benefits from proximity to major seaports, Ho Chi Minh City , and vertically integrated textile manufacturers. This interconnectivity enhances cost efficiency and reduces the need for long-distance inland transpo.
