Far Eastern Group invests $5M in Ambercycle for textile recycling

Taiwanese polyester giant Far Eastern Group, through its corporate venture arm Drive Catalyst, invested $5 million in US recycler Ambercycle to help scale textile-to-textile regeneration technology.

“Decarbonised raw materials, such as Cycora, appeal to our customers’ demand and strong support for sustainable fashion.”apparelviews.com

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• apparelviews.comTaiwanese polyester giant Far Eastern invests $5m in Ambercycle - Apparel ViewsEditorial TeamNov 6, 2023

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