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Syre, a new venture by Vargas and H&M Group, aims to decarbonize and reduce waste in the textile industry through large-scale textile-to-textile recycling, starting with polyester.
Syre, a new venture launched by Vargas and H&M Group, aims to decarbonize and reduce waste in the textile industry through large-scale textile-to-textile recycling, starting with polyester.
Supported by an industry-first offtake supply agreement with H&M Group, Syre plans to establish multiple production plants globally, reducing CO2e emissions by up to 85% compared to oil-based virgin polyester production.
The venture seeks to transition from a linear to a circular value chain by reusing textile waste.
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Syre, una nueva empresa de Vargas y H&M Group, tiene como objetivo descarbonizar y reducir los residuos en la industria textil a través del reciclaje a gran escala de textil a textil, comenzando con el poliéster.