# Inditex signs €70M+ deal with Ambercycle for recycled polyester

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.

- Type: Contract
- Announced: 2023-10-25
- Where: United States
- Value: $74.0M (70.0M EUR)
- Status: announced
- Products: cycora® recycled polyester
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Inditex](https://endata.com/companies/30463.md) (customer)
- [Ambercycle](https://endata.com/companies/66104.md) (supplier)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/INDITEX-16943135/news/Inditex-signs-a-three-year-agreement-to-buy-textile-to-textile-recycled-polyester-cycora-for-ove-45142978/), 2023-10-25: "Inditex has formed a strategic partnership with Ambercycle, a Los Angeles based material science company, to help scale textile to textile recycled polyester."

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