Syre launched in March this year with a mission to establish multiple textile-to-textile gigascale plants producing circular polyester across the globe, reducing CO2e emissions by up to 85% compared to the production of oil-based virgin polyester.
This plant, which will deliver volumes up to 10,000 metric tons of circular polyester annually, is scheduled to be operational in mid-2025, with the aim of making its first commercial sales to customers later that year.
“This is truly an important milestone on our journey to drive the great textile shift, with more than two years of planning now moving into action. We call this establishment a Blueprint Plant since the work there will lay the foundation for Syre’s continued globa lexpansion, with the process being mirrored and scaled up in our upcoming gigascale plants globally” says Dennis Nobelius, CEO at Syre.
"The partnership is a strong statement in driving innovation in advanced recycling technologies that deliver real-world sustainability solutions and importantly a positive impact on the LCA of final products. We are excited about this journey with Syre as it also allows us to further invest in the US market with existing asset expansion and bring the benefits of new technologies closer to customers” says Duarte Gil, Chief Executive Officer at Selenis.
