◂ Announcements

Oct 25, 2023CONTRACT

Inditex signs €70M purchase agreement with Ambercycle for Cycora

Inditex committed to buying €70 million worth of Ambercycle's recycled polyester Cycora over three years, supporting Ambercycle's first commercial-scale production facility expected online around 2025.

Value

$74.0M (70.0M EUR)

Status

Announced

ProductsCycora recycled polyester

CompaniesInditex customer Ambercycle supplier

Sectors#Industrial Textiles

“Ambercycle's goal is to enable circularity by replacing virgin polyester with textile-to-textile regenerated Cycora.”wwd.com

1 source
wwd.comZara Parent Inditex Inks 70 Million Euro Purchase Agreement for CycoraRhonda RichfordOct 25, 2023

Summarized from public sources; check the original articles before acting on it.

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Inditex signs €70M purchase agreement with Ambercycle for Cycora · Endata