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Milliken invests in Orak

Company News, News | October 26, 2023 | By:

Milliken invests in a Paris-based carpet maintenance and flooring reuse company, Orak.

Global diversified manufacturer Milliken & Company has invested in Orak, a Paris-based carpet maintenance and flooring reuse company, as a strategic sustainability enabler for its floor covering business. The relationship marks the beginning of a new generation of sustainable floor covering solutions, and it is set to change the way the industry thinks about waste and its approach to the circular economy.

Orak’s Optimal Karpet line of upcycled premium carpet tile has quickly become the leading solution for carpet customers seeking to reduce the carbon footprint of their construction and renovation projects. With Milliken’s investment and partnership, Orak will improve and expand its product offerings to a broader range of customers by managing all the stages in the life of clients’ carpets to guarantee excellent quality reuse. As Orak’s exclusive industry partner, Milliken’s customers will receive access to Orak’s inventory of upcycled carpet tile, all of which aligns with Milliken’s N/XT Life™ circularity program.

As one of the first 50 companies in the world to set net-zero targets verified by the Science Based Targets initiative (SBTi), Milliken has a proud record of providing its customers with sustainable products and solutions. Halsey Cook, president and CEO of Milliken & Company, states: “Orak shares our commitment to providing innovative, effective, and sustainable solutions to our customers. At Milliken, we understand the significance of prioritizing sustainability in all our operations. This partnership with Orak is just one of the many ways we are collaborating with key partners to create a positive impact for humankind.”

“We are honored to join with Milliken in this next phase of our business development,” adds Nicolas Lohéac, founder and CEO of Orak. “Milliken shares our vision and desire to reshape the future of our industry and create a new generation of sustainable floor covering solutions.”

“Our team is committed to advancing sustainability and accelerating the circularity conversation within our industry, which is why we are excited to support Orak,” concludes Patrick Keese, president of Milliken’s Floor Covering Business. “Together, we will bring customers efficient, cost-effective and, most importantly, impactful flooring solutions that fulfill carefully crafted design specifications.”

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