Press Release


Textile Exchange’s annual global conference was held near Washington D.C. on  9-13 October 2017.

Textile Exchange, founded in 2002, is a global nonprofit organization that works closely with all sectors of the textile supply chain to find the best ways to create positive impacts on water, soil, air, animals, and the human population created by the textile industry. Textile Exchange accomplishes this by providing the knowledge and tools the industry needs to make significant improvements in three core areas: Fiber and Materials, Integrity and Standards, and Supply Network.

It was the largest conference to date with over 500 people participating from 37 countries and 328 different companies.

A growing movement of companies have started to define what it would mean to give more back to society and the environment than what they take out. Such a sustainable approach requires transformative shifts in business models, new partnerships and long-term strategies inspiring new ways of thinking to bring innovations to scale.

During the conference, Gianpiero Tessitore, Owner of Vegea, explained how the company is excited about the possibilities bio-synthetic fibers offer to reduce the textile industry’s dependence on oil. As a brand, Vegea is committed to being a catalyst to maximize this opportunity through a clear roadmap where bio synthetics have the potential to be the biggest industry game changer.


“Right now, biosynthetics are a new and emerging area for the textile industry and an exciting one for us to be exploring at Textile Exchange. We are all looking for opportunities to reduce our dependency on fossil fuels and reduce carbon emissions. Fibers made from polymers based on plants and other biological inputs offer huge potential”

“Many of our members are curious about the technology but are asking questions about the sustainability opportunities biosynthetics offer. Our new microsite is a tool for communicating the big potential biosynthetics offer and their link to the Bio Economy, while also presenting the challenges and realities in terms of the sector’s stage of development and current scale,” said Liesl Truscott, Director of Materials Strategy, Textile Exchange.


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