# Inditex commits €100 million to buy Infinna recycled fibre from Infinited Fiber Company

Inditex signed a three-year contract to buy 30% of Infinited Fiber Company's future production of Infinna recycled textile fibre, valued at over €100 million, to support Infinited Fiber's first large-scale factory expected to start in 2024.

- Type: Contract
- Announced: 2022-05-15
- Where: Finland
- Value: $105.0M (100.0M EUR)
- Status: announced
- Products: Infinna recycled textile fibre
- 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

- [texintel.com](https://www.texintel.com/eco-news/textile-circularity-moves-forward-on-as-inditex-contracts-to-buy-100-million-of-infinna-recycled-textile-fibre-from-the-infinited-company-of-finland), 2022-05-15: "Inditex´s three-year commitment to buy 30% of Infinited Fiber Company’s annual future production volume of Infinna™ – a deal valued at more than €100 million."

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