Sustainability practices good for business
The new treatment plant successfully treats 60% of the water, which is sent to Amendis for a second treatment before being reused for urban landscape irrigation. With the improved treatment process, Amendis lowered its price from 11 dirhams (€1) to 8 dirhams (€0.70s) per cubic metre of water, a significant savings for Tintcolor, which was founded in 2010 by two Spanish entrepreneurs.
In addition, the company increased its production capacity from 8 tonnes per day to 12 tonnes and hired 25 more people to manage the increased demand.
“Now we are at best practice in terms of cleaning the water,” says José Manuel Caballero, Hallotex’s chief financial officer, who joined in 2020. “Our goal is to reach 100% clean water, and we're continuously working towards that.”
Hallotex will install additional water treatment equipment at Tintcolor to remove the remaining 40% of polluting particles from its water outflow, allowing it to be reused in the dyeing process. This will result in a daily water saving of 500 cubic metres, or one Olympic swimming pool full of water each week.
Hallotex plans to invest a further €5.5 million to build a new biomass plant to reduce Tintcolor’s dependence on fossil fuel and to install solar panels.
Embracing a circular economy
Better waste treatment is obviously good for the environment. It also makes good business sense. These days, potential clients are focused on environmental, social and governance (ESG) issues.
“With this new treatment plant, we can take on more clients and customers,” says Xevi Mans, Tintcolor’s director. “Clients will check ESG criteria. But customers also want the company to move forward with this new process.”
Until 2020, Hallotex primarily supplied Spanish company Inditex. But in 2020, the company diversified its client base, supplying H&M, Patagonia and Mango.
Hallotex Chief Executive Jordi Bonareu adds that sustainability has become more important in industrial companies. “During and after COVID-19, everything changed around supply chains and the dependency on China,” he says. “Our goal is to meet the demands of our diversified client base and customers, while ensuring the traceability and sustainability of our production process."