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  • Emma Stjernlöf

    Chief Communications & People Officer


    http://syre.com

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    Syre Expands Partnership with Target to Advance Next-Generation Recycled Materials at Scale

    Advancing next-generation materials to support scalable circular solutions across global retailStockholm, May 2026 — Syre, the textile impact company hyperscaling textile-to-textile recycling today announced an expanded collaboration with Target to accelerate the adoption of next-generation recycled materials across retail at scale. Through this work, Syre will support Target in advancing the integration of textile-to-textile recycled polyester into high-volume categories like apparel and home, bringing more sustainable options to consumers over time. This effort is expected to enable

    Syre and JEPLAN Announce Strategic Partnership to Accelerate Textile-to-Textile Recycling

    Stockholm, April 2, 2026 – JEPLAN, INC. the Japanese pioneer developing and operating chemical recycling technologies for circularity in packaging and textiles, and Syre, the textile impact company on a mission to hyperscale textile-to-textile recycling, announced today a strategic partnership. Together, the companies aim to extensively accelerate the timeline towards commercialization of next generation textile-to-textile polyester recycling technology.The partnership brings together Syre’s global reach in innovation and technology integration with JEPLAN’s proven chemical recycling know-

    ABB and Syre partner to explore technologies for industrial-scale textile recycling

    • ABB and Syre sign MoU to explore automation, electrification and digitalization for textile-to-textile polyester recycling in Vietnam • Collaboration to assess quality control, process automation, electrification infrastructure and digital applications and solutions • Partnership supports the industrialization of circular polyester production at scale as solution to global textile waste problemStockholm, March 31, 2026 – ABB has signed a Memorandum of Understanding (MoU) with Swedish textile impact company Syre to jointly explore technologies to support the development of Syre’s

    Syre Announces Partnership with Nike to Scale Circular Polyester

    Stockholm, Sweden, November 11, 2025. Syre, the textile impact company hyperscaling textile-to-textile recycling, today announces a multi-year agreement with leading sports brand NIKE, Inc., marking a milestone towards a circular materials future for the global apparel industry and beyond.The partnership reflects Nike’s commitment to scaling sustainable innovation and Syre’s mission to accelerate the great textile shift. It will focus on step-by-step integration of Syre’s circular polyester into core Nike performance lines, with the first products expected within the next few years. Syre

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

    June 24, 2025. 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 launched in March 2024 with a mission to decarbonize and dewaste the textile industry, establishing textile-to-textile plants producing circular polyester across the globe, reducing CO\2\e emissions by up to 85%

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

    April 25, 2025. 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.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

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

    Cedar Creek, October 30, 2024. Selenis, a leading global supplier of high-quality specialty polyester solutions and Syre, the textile impact company hyperscaling textile-to-textile recycling, announced today the strategic partnership to establish a textile-to-textile recycling plant in Cedar Creek, North Carolina, USA, to be operational in mid-2025.Selenis and Syre are both at the front-end of innovation within advanced recycling technologies that deliver a mission to decarbonize and dewaste the textile industry. The coming together of the two companies will combine new technologies in

    Syre raises $100 million Series A – shortlists Vietnam and Iberia for first gigascale plants

    STOCKHOLM, May 23, 2024. Syre, the textile impact company initiated by Vargas and H&M Group which launched in March this year, today announces the signing of a $100 million Series A. The funding round was led by founding investor TPG Rise Climate who was joined by an additional investment from founder H&M Group as well as the following strategic partners:· Giant Ventures Giant backs purpose-driven founders solving the world’s biggest challenges, from climate and health to inclusive capitalism. · IMAS Foundation A purpose driven sister foundation to INGKA Foundation - the owner of Ingka

    New impact venture Syre launches with a mission to decarbonize textile industry

    STOCKHOLM – March 6, 2024. Initiated by Vargas and H&M Group, Syre today launches to decarbonize and dewaste the textile industry through textile-to-textile recycling at hyperscale, starting with polyester. Supported by an industry ground-breaking offtake supply agreement with H&M Group, Syre will establish multiple production plants producing circular polyester across the globe, reducing CO2e emissions by up to 85% compared to the production of oil-based virgin polyester[1].“Syre marks the start of the great textile shift. We envision a world where every textile fiber sees a new day. By

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