Spain, Nov. 18 -- Repsol's chairman, Antonio Brufau, and Coleo's CEO and founding partner, David Puyuelo, have signed an investment agreement in which the Repsol Foundation acquires a stake in the recycling division of Coleo (Coleo Network), a Spanish company that is a leader in circular transformation in the textile sector.The textile sector is strategic for Spain and Europe. Currently, more than 7 million tonnes of textile waste are generated per year. Of this volume, approximately 10% is recycled and between 20% and 25% is reused or exported, mainly to developing countries. The rest, ranging from 65% to 75%, goes to landfills or incineration facilities. Currently, the second-hand garment export market faces significant saturation due to ...