Texfil and American & Efird Sign MoU to Trial Chemically Recycled Polyester Yarns

Texfil Private Limited will supply textile to textile chemically recycled yarn to American & Efird for testing in several end use applications, following a Memorandum of Understanding signed on 25 February 2026. The MoU commits the Filatex India unit and American & Efird Global, LLC to cooperate on trials aimed at adapting chemically recycled polyester into thread manufacturing.

Filatex India Limited formalised the arrangement in a stock exchange filing to the National Stock Exchange of India Limited and BSE Limited under reference FIL/SE/2025-26/64 dated 25th February, 2026. The filing names Texfil as a "Wholly Owned Subsidiary" of Filatex and was digitally signed by company secretary Raman Kumar Jha at 2026.02.25 17:12:21 +05'30'. The disclosure was addressed to the NSE Listing Department at Exchange Plaza, Bandra Kurla Complex, Mumbai, and the BSE Listing Department at Pheroze Jeejeebhoy Towers, Dalal Street, Mumbai.

The filing sets the technical scope in plain terms: "This is to inform that Texfil Private Limited, Wholly Owned Subsidiary of the Company has signed a Memorandum of Understanding (MoU) on 25th February, 2026 with American & Efird Global, LLC to work together on conducting trials of high-quality textile to textile recycled polyester in thread manufacturing." American & Efird is identified in the same document as "one of the largest U.S. manufacturers and among the world's largest manufacturers and distributors of premium quality industrial and consumer sewing thread, embroidery thread and technical textiles for the apparel, automotive components, home furnishings, medical supply, footwear and other diversified industries." Those industry endpoints frame where the recycled yarn will be tested.

Market wires picked up the filing the same day; Marketscreener and Reuters published the item on 02/25/2026 at 07:46 am EST. Marketscreener’s Filatex snapshot showed a share price of 41.87 INR with an intraday drop of -3.26%, a five-day change of -8.94% and a year-to-date change of -14.25%. The listing page also logged recent company milestones, including a Dec 11 MoU with a Decathlon group entity and earnings call notices on Feb 09 and Nov 06, illustrating Filatex’s active dealmaking this quarter.

The public record leaves key operational details open: the filing states trials will be conducted but does not specify whether the MoU is binding, sample volumes, trial locations, performance metrics, or certification goals. Suggested next steps for both companies include publishing the full MoU text, clarifying whether the "chemically recycled" route refers to depolymerization processes, and naming the exact end-use trials and timelines. If trials validate strength, dye uptake and consistency for sewing and embroidery threads, chemically recycled polyester yarn from Texfil could move into the apparel, automotive components, home furnishings, medical supply and footwear applications that American & Efird serves, shifting a supply chain traditionally reliant on virgin polyester toward tested recycled feedstocks.