# Inditex signs €100M supply deal for Infinited Fiber's recycled fiber

Inditex has committed to buy 30% of Infinited Fiber Company's future production of Infinna recycled fiber over three years, worth over €100 million. The deal supports Infinited Fiber's first large-scale factory, expected to open in 2024.

- Type: Contract
- Announced: 2022-05-13
- Value: $105.0M (100.0M EUR)
- Status: announced
- Products: Infinna recycled fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Inditex](https://endata.com/companies/30463.md) (customer)
- [Infinited Fiber Company](https://endata.com/companies/41376.md) (supplier)

## Sources

- [fashionunited.es](https://fashionunited.es/noticias/empresas/inditex-crece-en-circularidad-pacta-compras-por-mas-de-100-millones-de-euros-en-fibras-recicladas-infinna/2022051338597), 2022-05-13: "Creemos firmemente que la innovación es clave para el futuro competitivo y circular de la industria de la moda."

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