# Indorama Ventures and Jiaren Chemical Recycling form joint venture for textile recycling

Indorama Ventures' Fibers business and Jiaren Chemical Recycling formed a joint venture to accelerate textile circularity, backed by a double-digit million dollar investment from Indorama. The venture aims to unlock up to 100,000 tonnes of textile-recycled PET spinning capacity annually.

- Type: Partnership
- Announced: 2025-11-11
- Status: announced
- Capacity: 100,000 tonnes per year
- Products: recycled PET fibers and yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (partner)
- [Jiaren Chemical Recycling](https://endata.com/companies/88372.md) (partner)

## Sources

- [indoramaventures.com](https://www.indoramaventures.com/en/investor-relations/newsroom/press-releases/2304/indorama-ventures-fibers-business-and-jiaren-chemical-recycling-form-joint-venture-to-enhance-global-textile-circularity), 2025-11-11: "We aim to lead the shift towards a circular textile economy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.