Based in Canada, ALT TEX has developed a bio-polymer technology that converts the sugar extracted from food waste, into a polyester-like fabric. The technology uses a chemical process for the fermentation of food waste in order to create a plastic alternative (bioplastic fiber), which is then used as a building block for ALT TEX’s sustainable polyester material. The food waste used to create the bioplastic polymer includes fruit, vegetables and wheat which is unfit for human or animal consumption. The material which is still under the development phase is planned to be launched for sustainable fashion brands by the end of 2022, and the company claims that they already have pilot agreements secured for the launch.
The company claims that a t-shirt created from its sustainable polyester can remove up to 1kg of waste from landfills, save up to 9kg of carbon emissions from the atmosphere, and save upto 4kg of micro-plastic pollution.
In May 2021, ALT TEX raised CAD 1.5 million (USD 1.2 million) in a pre-seed funding round led by Amplify Capital and Garage Capital. The company intends to use the funding towards scaling up its bioplastic fiber production, expanding the team (to 6 staff from the existing 3 staff) and expanding R&D to launch the product in 2022.
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