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Inditex signed a three-year agreement to buy a significant portion of Ambercycle's annual cycora® recycled polyester production for over €70 million, supporting construction of Ambercycle's first commercial-scale textile regeneration factory.
“Inditex has formed a strategic partnership with Ambercycle, a Los Angeles based material science company, to help scale textile to textile recycled polyester.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.