US EditionSyre Aims to Revolutionize Textiles with Vietnam Plant
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Syre Aims to Revolutionize Textiles with Vietnam Plant
In a bold move to revolutionize the textile industry, Syre, the circular economy startup backed by H&M Group and impact investor Vargas, has set its sights on Vietnam. The company has inked an agreement with the province of Binh Dinh to establish its first “Gigascale” textile-to-textile recycling plant, a facility designed to churn out a staggering 100,000 to 250,000 metric tons of circular… Source
H&M-Backed Syre to Build “Gigascale” Textile-to-Textile Recycling Plant in Vietnam
Circular economy startup Syre announced that it has signed an agreement with the province of Binh Dinh, Vietnam with the intention to establish the company’s first “Gigascale” textile-to-textile recycling plant in the province. Founded in 2024, Syre was launched by fashion and design brands company H&M Group and impact-focused venture investor Vargas, to enable the […]
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