Accelerating the market penetration of carbon-reduction-based recycled fibers.
Jecklin, a post-tech startup (CEO Seung-soo Cha), has secured a strategic investment from Ilshin Spinning (CEO Jeong-soo Kim), the leading Korean cotton spinning company. This investment will accelerate the companies' entry into the carbon-reducing, regenerated fiber market.
The two companies have expanded their relationship to include equity investments following the signing of a "Joint Cooperation Agreement for the Activation of Recycled Yarn Project" in November 2023. Through this, the two companies plan to ▲commercialize Korea's first post-consumer-based recycled cotton yarn and recycled yarn for businesses; ▲establish an integrated system for the collection, sorting, reprocessing, traceability, and compensation of recycled fiber materials; and ▲advance the carbon-reducing recycled fiber value chain using clothing for the public and businesses.
“By combining Ilshin Spinning’s spinning technology with Jecklin’s fiber collection and recycling know-how, we can elevate the physical recycling quality of used fiber products to a global level or higher,” said Cha Seung-soo, CEO of Jecklin. “We will use this investment as a stepping stone to create solid profits and a market for recycled fibers in the circular resource market.”
Kim Yoon-tae, executive director of Ilshin Spinning, emphasized, “Jeclean is a rare climate tech company in the domestic and international recycled fiber market that has a full value chain from raw material collection to recycled product production,” and “The cooperation between the two companies will contribute to ESG management, carbon neutrality, and the realization of a sustainable fashion industry.”
Based in Jeju, Jacqueline collects textile waste—bedding, towels, workwear, and uniforms—from hotels, corporations, and public institutions like Kangwon Land, Lotte, Haevichi, Hanwha, Shinhwa World, and SK Pinx. Jacqueline operates a circular economy model. It processes recycled cotton, cotton yarn, and fabric into hotel bedding, towels, clothing, and home-related products. Recently, Jacqueline completed trademark registration for its "RE;FeaT" brand in Korea and Vietnam, expanding collaborations with local social enterprises and global fashion and home-related companies.
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