Syre Moves Towards Full-Scale Industrialisation With Global Partnerships
Dennis Nobelius has outlined the next phase of growth for Syre, signalling a decisive shift towards full-scale industrialisation as the company advances its textile-to-textile recycling ambitions.
Building on earlier collaborations with brands such as Nike and H&M Group, along with launch partners including Gap, Houdini and Target, the company is nearing the required commercial scale to secure project financing for its planned plant in Vietnam.
Investor backing continues to strengthen, with participation from funds and organisations such as TPG Rise Climate, Leitmotif, Gitan VC, Norrsken VC, IMAS Foundation, Volvo Cars, H&M Group and Vargas, reflecting growing confidence in the company’s circular textile model.
Nobelius highlighted that Syre has made significant progress in securing feedstock supply for the Vietnam facility, while also advancing its technology roadmap through established core technology choices and strategic partnerships. The company is focused on scaling the conversion of textile waste into polyester, aiming to reduce landfill and incineration while enabling circular material flows.
A key milestone in this journey is Syre’s collaboration with Jeplan and ABB. The partnership combines Jeplan’s expertise in textile chemical recycling with ABB’s industrial automation capabilities, supporting the transition from pilot-scale innovation to commercial-scale operations.
Syre executives recently visited Jeplan’s PET chemical recycling facility in Kitakyushu, where the company plans to test and scale its technology, particularly for handling complex and coloured textile waste streams. The collaboration is expected to enhance process optimisation, including the valorisation of by-products.
In parallel, Syre is evaluating industrial park locations in Vietnam as it prepares to establish its first large-scale textile-to-textile recycling plant. The project represents a critical step in scaling circular solutions within the global textile value chain.
The company is also continuing its collaboration with Selenis, leveraging existing polymerisation infrastructure in Europe alongside its pilot facility in the United States to accelerate scale-up. This approach has enabled Syre to reach multi-tonne production levels faster than initially planned, prompting a strategic shift away from previously proposed standalone infrastructure in Cedar Creek.
With headquarters in Sweden, research and development in the United States, and operational expansion underway in Vietnam, Syre is positioning itself as a globally integrated player in textile recycling. The addition of partners from Japan, Switzerland, and Sweden further strengthens its industrial and technological capabilities.
As the company enters this next phase, Nobelius emphasised that scaling circular textile solutions will depend on deep, cross-value-chain partnerships, marking a shift from strategic collaboration to operational execution in pursuit of a more sustainable textile industry.
