Zara-owner Inditex has signed a three-year agreement with a US-based material science company Ambercycle to buy its recycled polyester, in a deal worth over £61.1m.
As part of a three-year agreement, the fashion giant will buy a significant portion of Ambercycle’s annual production of Cycora, a material made from post-industrial and post-consumer polyester waste.
Inditex said the move will support the construction of Ambercycle’s first commercial-scale textile regeneration factory and will help to make circular materials more widely available in the fashion supply chain.
Production at the new facility is expected to begin around 2025 with Cycora continuing to be incorporated in Inditex products over the following three years.
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Inditex is working towards having 100% of its textile products to be made exclusively from materials with a smaller environmental footprint by 2030.
Chief sustainability officer Javier Losada said: “At Inditex we are committed to achieving circularity in the fashion industry. We want to drive innovation to scale up new solutions, processes and materials to achieve textile to textile recycling.
“Ambercycle’s groundbreaking molecular regeneration technology transforms end-of-life textiles into new materials, effectively reducing waste and emissions in the production cycle.”
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