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Last updated : 21/05/2026 - 13h39
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Michelin Partners with Syntetica to Industrialize Chemical Recycling of Textiles

Syntetica, a deeptech startup specializing in chemical recycling of textiles, and Michelin's Sustainable Materials Center announced on Thursday a collaboration to transform a laboratory technology into an industrial solution. The pilot plant will be located at the Michelin Innovation Park in Clermont-Ferrand.


Michelin Partners with Syntetica to Industrialize Chemical Recycling of Textiles

Depolymerization Process Serving the Circular Economy

The collaboration combines Michelin's industrial expertise, a recognized player in material science for over 130 years, with the patented chemical recycling process developed by Syntetica. The project enables, for the first time, the industrial-scale recycling of mixed textiles rich in nylon without prior sorting. Syntetica's technology operates at low temperatures and produces high-purity recycled nylon 6 and nylon 6,6, suitable for textile, automotive, and industrial applications. The pilot installation will benefit from the industrial facilities, technical teams, and operational excellence of the Sustainable Materials Center.

Volumes and Timeline of the Pilot Project

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The pilot project aims to recycle several tons of textiles from the initial phase, with a gradual increase to industrial volumes. A future demonstration project is planned starting from 2027. This collaboration is part of a structured European regulatory framework, marked by the mandatory separate collection of textiles from 2025 and increasing requirements for recycled content starting from 2027.

A Platform for Extension to Other Polymers

The pilot installation at the Sustainable Materials Center is the first step in a broader ambition, supported by Syntetica's green chemistry platform. This platform is designed to extend to other polymers and pave the way for a new generation of circular industrial solutions.



Sector Industrie · Automobile Pneumatiques


Assurance vie

Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 25 992 millions d'euros
  • Revenue growth: -4,4 %
  • EBITDA: 4 663 millions d'euros
  • EBITDA margin: 17,9 %
  • Net income: 1 664 millions d'euros
  • Free cash flow: 2 181 millions d'euros
  • Dividend per share: 1,38 €
  • Payout ratio: 49,0 %
Outlook / guidance
  • Management commentary: Guidance 2026: Le chiffre d'affaires 2026 n'est pas publié; Free Cash Flow before M&A attendu supérieur à 1,6 milliard d'euros.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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