Ambercycle

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.

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.

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.

UK fabrics supplier Pertex and Ambercycle's Cycora division announced a cooperation to jointly develop fully circular woven fabrics using end-of-life textile waste.