Support for future Ambercycle facility - sportstextiles: Lea SportsTextiles

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Support for future Ambercycle facility

14/08/2024
Support for future Ambercycle facility
Shinkong Synthetic Fibers Corporation, a producer of polyester based in Taiwan, has announced it will invest $10 million in the first commercial facility to be built by Ambercycle.

The facility, whose location has yet to be announced, is planned for 2026. Based in Los Angeles and founded in 2025, Ambercycle has developed a method of breaking down mixed textiles into their original building blocks to produce a ‘regenerated’ polyester fibre it has branded cycora.

“Investing in this new facility is not just a strategic move—it's a commitment to pioneering a future with decarbonized polyester, which we see as critical to our business. This collaboration will further amplify our capacity to deliver high-performance, sustainable products to the global market,” commented Eric Wu, Shinkong Synthetics chairman. The Shinkong Group company produces both recycled polyester and biopolyesters.

This announcement follows similar partnerships with Hyosung in South Korea, and Far Eastern Group, in Taiwan. Inditex, Gap and MAS Holdings have made off-take commitments for the fibre.

Photo: Shinkong Synthetics’ Chairman, Eric T. Wu (left) and Ambercycle CEO Shay Sethi, (right)

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New industrial partnership for Ambercycle 28/02/2025
Hyosung makes US appointment 17/02/2025
Ganni furthers its commitment to Ambercycle 21/01/2025
Ambercycle expands network in China 08/01/2025
Hyosung outlines textiles trends for autumn-winter 26/27 08/01/2025
Korea breakthrough for Cycora 13/06/2024
More progress for Ambercycle as MAS Holdings signs up for Cycora 05/06/2024
Circularity at scale is Athleta’s aim with Cycora 08/03/2024
CETI backs up Cycora claim 14/02/2024
Breakthrough for Ambercycle as Inditex pledges €70 million 25/10/2023
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