Global sportswear giant Adidas aims at eliminating the use of virgin plastics in its products by 2024 with assistance from Polygenta Technology Limited, a Maharashtra-based firm.
It is the only one of its kind company in India to produce yarn out of discarded PET bottles.
Polyethylene Terephthalate (PET) bottles are the main contributors to plastic waste globally and in India.
It breaks PET into its base product - an ester.
It is then used to manufacture polyester filament yarn.