#Recycling / Circular Economy

2025-04-25

Syre signs MoU with Binh Dinh Province of Vietnam with intention of establishing Gigascale recycling plant

Syre, the textile impact company hyperscaling textile-to-textile recycling, today announces a Memorandum of Understanding (MoU) with the province of Binh Dinh,Vietnam. The MoU reflects a partnership with Binh Dinh with the intention of establishing Syre’s first Gigascale recycling plant in the province.

The MoU was signed during a formal ceremony © 2025 Syre

In connection with the signing of a USD 100M Series A funding round in May 2024, Syre announced it had shortlisted Vietnam as a probable location for its first Gigascale recycling plant. Vietnam was chosen due to its strategic positioning within the textile supply chain, with a long history of a vibrant textile industry and access to know-how. Since then, Syre has been driving an ongoing thorough investigation and site selection process, with a list of key criteria and conditions.

The MoU reflects a partnership with the Binh Dinh Province and Syre, working together to ensure the key criteria and conditions are met for an investment decision of an establishment of Syre’s first Gigascale recycling plant. The key criteria for establishment include access to; Industrial Park with close distance to infrastructure, Green Energy, Feedstock (recyclable textile material), as well as a pilot mechanism with licence to import recyclable textile material from surrounding countries.

Syre Chair Susanna Campbell and Pham Minh Chinh, Prime Minister of Vietnam © 2025 Syre

In a meeting in Hanoi on April 23, Syre had the opportunity to present its intended plans for Prime Minister of Vietnam, Pham Minh Chinh.

“We are grateful and encouraged by the strong support expressed by the Vietnamese government. Syre has an ambition to support Vietnam in its green transition and as a global leader in the circular textile industry. The partnership with the BinhDinh Province will, with the right conditions in place, be a great opportunity to jointly lead the textile shift. We now need to work together to get all fundamentals in place for an investment decision,” says Dennis Nobelius, CEO of Syre.

Syre aims at establishing several Gigascale textile-to-textile recycling plants across the globe in the coming decade, closing the loop from textile waste to circular polyester in each region. One Gigascale plant is designed for an annual output of 100-250,000 metric tons of high-quality PET chips. Each plant project is expected to generate up to 600 jobs, including skilled manufacturing workers, technical experts and operational support staff.

Syre announces Gap Inc., Houdini, and Target as strategic Launch Partners to accelerate the great textile shift

Syre, the textile impact company hyperscaling textile-to-textile recycling, today announces a strategic partnership with Gap Inc., Houdini Sportswear, and Target as part of its commercial launch. The Launch Partners will play a critical role in bringing circular polyester to the broader market, accelerating adoption, and shaping the future of the textile industry.

Syre and Selenis in strategic partnership to establish a textile-to-textile recycling plant in North Carolina

Syre and Selenis are both at the front-end of innovation within advanced recycling technologies that deliver on a mission to decarbonize and dewaste the textile industry. The two companies will combine new technologies in depolymerizing and polymerizing for textile-to-textile recycling all in one place, allowing for a cost efficient, industrial scale operation.

ADVANSA launches ADVA®tex: A new step toward textile-to-textile recycling

ADVANSA has introduced ADVA®tex, a new filling fibre made entirely from recycled pre-consumer textile waste, positioning the material as a significant step forward in textile-to-textile (T2T) recycling. The fibre is designed for use in duvets, pillows, mattresses, and furniture applications and is available in three versions.

European research project addresses textile waste through integrated recycling technologies

A major European research initiative coordinated by Fraunhofer UMSICHT has been launched to develop integrated solutions for textile waste recycling. The AUTOLOOP project aims to create a comprehensive system that could process 1.24 million tonnes of textile waste annually by 2050, whilst potentially creating over 130,000 green jobs across the EU. This project aims to develop, test and integrate automated sorting, tracing, and closed-loop recycling technologies for polyester-based textiles (NRT), addressing the pressing challenge of textile waste management.

Navis TubeTex announces U.S. partnership with Icomatex

Navis TubeTex, a global leader in advanced dyeing and finishing machinery solutions, is pleased to announce a new partnership with Icomatex (www.icomatex.com), a respected European manufacturer of high-quality stenters and textile finishing equipment. Under this agreement, Navis TubeTex will exclusively represent the Icomatex stenter line in the United States.

KARL MAYER celebrates 35 years of EL pattern drive

KARL MAYER is celebrating an anniversary this year: on 30 November 1990, the first warp knitting machine with electronic guide bar control, the KS 4 EL, was delivered – another milestone for patterning. As early as 1980, the SU gearbox with the MRS42SU had initiated the transition from mechanical chains to digital data.

The region of renewable raw materials: Central German Alliance for Bioplastics

The development of sustainable plastic solutions is rapidly gaining importance in light of global environ- mental pollution, dwindling fossil resources and ambitious climate protection targets. As part of the re- gional alliance RUBIO, which brings together 18 partners from central Germany and the Berlin-Branden- burg area, the bio-based and biodegradable plastic polybutylene succinate (PBS) was comprehensively investigated, starting with the raw material, through the manufacturing process, to industrial application.

YKK receives ISPO Textrends Awards for circular innovations

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) is pleased to announce that the ISPO Textrends judges have selected YKK's 3D Composite Puller as the Best Product in the Accessories category. They also selected YKK’s NATULON Plus® Fiber Sourced™ zipper with Recycled PET Open Parts as a Top 5 item in the same category. The competition, held twice a year in conjunction with the ISPO trade show, recognizes the most innovative performance textiles, components, and apparel.