Shinkong invests in Ambercycle’s circular polyester production facility

Shinkong Synthetic Fibers Corp., a leading polyester producer, has made a significant investment of $10 million in Ambercycle’s first commercial facility. This investment aims to boost global production capacity for Ambercycle’s premium material, made from end-of-life textiles, by leveraging their innovative molecular regeneration technology.

The partnership has been instrumental in manufacturing regenerated yarns under the cycora® brand, meeting the rising demand for sustainable materials in the textile industry. “This investment signifies a crucial milestone in our endeavor to make circular materials widely available,” said Shay Sethi, co-founder and CEO of Ambercycle.

Ambercycle’s new facility is expected to be operational in 2026, positioning both companies to meet this growing demand and support the global shift towards circular materials. “We are excited to deepen our partnership with Shinkong. This investment enables us to scale up to meet the growing demand of our customers and push the boundaries of sustainable textile production,” added Sethi.

Eric Wu, chairman at Shinkong Synthetic Fibers, emphasized the importance of this investment, stating, “Recognizing Ambercycle’s leadership in circular solutions, we are eager to support their expansion. Investing in their 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.”