Climate change: Billie spins yarn from textile wastes with neither water nor chemicals in Novetex’s bid to cut emissions and wastes

When Ronna Chao returned to her family’s yarn spinning business in 2010 after stints at Goldman Sachs and Tommy Hilfiger, Hong Kong was spewing out about 234 tonnes of textile waste every day, most of them either going into landfills or being incinerated.Any recycling then involved water and hazardous chemicals, which would end up polluting the waterways. Chao turned to the collective wisdom at Novetex Textiles, one of the world’s largest single-site yarn spinners founded half a century earlier…