STOCK TITAN

Albany International Reports Progress with Cyclezyme on Industrial Textile Recycling Project

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Key Terms

polyester technical
A synthetic polymer used to make fibers and plastics, polyester is the kind of durable, wrinkle‑resistant “plastic fabric” found in clothing, home textiles and many packaging materials like drink bottles. Investors care because polyester’s cost, availability and recyclability affect the margins and production schedules of textile makers, packaging companies and chemical producers—so changes in oil prices, trade flows or recycling rules can ripple through revenues and profits.
polyamide technical
Polyamide is a class of plastics and fibers—think of it as long chains of repeating chemical links (like a beaded necklace)—that includes well-known materials such as nylon and other engineered nylons used in clothing, automotive parts, electronics, and industrial components. It matters to investors because polyamides are a basic industrial input: changes in their cost, availability, regulation or recyclability can affect manufacturers’ margins, product performance and supply chains, making them a driver of earnings and capital spending in many sectors.
depolymerization technical
Depolymerization is the chemical process that breaks long-chain molecules (polymers) into their smaller building blocks or original components. Investors should care because it can turn waste plastics or complex materials back into reusable raw materials, lower production costs, enable recycling-based business models, and affect regulatory compliance and sustainability profiles — think of it like unzipping a beaded necklace into single beads that can be reused in new products.
nylon-degrading enzymes technical
Nylon-degrading enzymes are natural proteins produced by microbes that chemically break down nylon polymers into smaller, reusable pieces, like biological scissors snipping a plastic rope into threads. Investors care because these enzymes could lower recycling costs, create new waste-management businesses, and reduce regulatory or reputational risks tied to plastic pollution, potentially opening markets for sustainable materials and improving long-term profitability for companies involved in plastics and waste services.
technical textiles technical
Technical textiles are fabrics and textile-based products engineered for specific practical functions—such as filtration, reinforcement, insulation, medical use or protection—rather than for appearance or fashion. They matter to investors because these products often sell into industrial, healthcare and infrastructure markets where performance, long-term contracts and regulatory approval drive stable demand, higher margins and predictable growth; think of them as specialized tools rather than everyday clothing.
enzyme-based recycling technical
Enzyme-based recycling uses natural proteins that act like tiny scissors to break down materials — most often plastics — into their original building blocks so they can be made into new products. Investors care because this approach can lower recycling costs, improve material quality, and help companies meet regulations and consumer demand for greener products, potentially creating new revenue streams or reducing waste-related liabilities.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

PORTSMOUTH, N.H.--(BUSINESS WIRE)-- Albany International Corp. (NYSE:AIN) today reports continued progress in the ongoing project with Cyclezyme AB, a leader in advanced enzyme-based plastic recycling, based in Sweden.

The project exemplifies leading edge innovation in materials science, focusing on the development of enzyme-based recycling of industrial textiles primarily consisting of polyester and polyamide, where there is currently a significant lack of effective solutions for circular material flows. The objective of the project is to establish enzymatic processes for depolymerization and recycling of technical textiles and high-performance industrial materials.

During the project, Cyclezyme has successfully depolymerized selected material samples, demonstrating the potential for future circular recycling where materials can be broken down into their building blocks and reused in new production. Cyclezyme has also carried out optimization work to improve degradation efficiency. In parallel, Cyclezyme has developed and produced several nylon-degrading enzymes for the recycling of nylon and polyamide-based materials. Work now continues on the development of analytical methods to evaluate enzyme activity and further optimize the technology.

Technical textiles and advanced industrial materials are used globally in papermaking, construction materials, process industries, logistics, and other advanced manufacturing. Development of circular solutions is a priority among Albany International’s customers, and demand is expected to increase in line with stricter sustainability requirements and regulatory initiatives.

Albany International and Cyclezyme have also initiated discussions regarding the next phase, focusing on scaling and future industrial applications.

“Along with performance, we know how important recycling capability is for our customers. We are encouraged by progress on this project, which has demonstrated the possibility of circularity in advanced textiles, including paper machine clothing. Existing recycling technology tends to focus on recycling a single material; however, Cyclezyme’s innovative approach and advanced enzymes are proving capable of depolymerizing both polyester and nylon. This would allow our customers to focus on optimizing performance without compromising recycling potential at the end of product life. We believe this would provide the best solution for our customers, and we look forward to being able to offer this benefit,” says Merle Stein, President, Machine Clothing at Albany International Corp.

“We are very pleased with the progress in the project, and the results strengthen our view that enzymatic recycling can become an important solution for more advanced textiles and industrial materials. Many of these materials are difficult to recycle with current methods, while demand for innovative circular solutions is increasing. We have succeeded in developing and producing enzymes for nylon degradation which demonstrates the breadth of our platform technology and the potential to, in the long term, recycle several different types of plastics and textiles, not only polyester. It is also very positive that we have already initiated discussions regarding the next phase and how the technology can be scaled up for future industrial applications together with Albany International,” says Peter Falck, CEO of Cyclezyme AB.

The project is proceeding according to plan, with continued focus on optimization, analysis, and evaluation of additional material streams.

About Albany International Corp.

Albany International is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses.

  • Machine Clothing is the world's leading producer of custom-designed consumable belts, essential for the manufacture of paper, paperboard, tissue, and towel, as well as pulp, non-wovens, and a variety of other industrial applications.
  • Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.

Albany International is headquartered in Portsmouth, New Hampshire, operates 25 facilities in 12 countries, employs approximately 5,700 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

Investor Contact
Karen Blomquist
Director, Investor Relations
Tel +1 603.330.2461
EMAIL Karen.Blomquist@albint.com

Media Contact
Sheri Tripp
Senior Manager, Corporate Communications and Marketing
Tel +1 603.330.8317
EMAIL Sheri.Tripp@albint.com

Source: Albany International Corp.