Shinkong invests $10M in Ambercycle's first commercial plant for circular polyester

Shinkong Synthetic Fibers Corp invested $10 million in Ambercycle's first commercial facility to produce circular polyester from end-of-life textiles. Operations are expected to commence in 2026.

“This investment signifies a crucial milestone in our endeavor to make circular materials widely available.”prnewswire.com

• 1 source
• prnewswire.comShinkong Invests $10M in Ambercycle's New Facility to Commercialize Circular Polyester InnovationAmbercycleAug 13, 2024

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