The joint Selenis and Syre facility hopes to bring advanced recycling technologies to the US and is projected to produce up to 10,000 metric tonnes of circular polyester annually, with the first commercial sales expected by late 2025.
Syre was launched earlier this year and two months later it secured a $100m Series A funding round to finance the construction of a blueprint plant in the US and its first two gigascale textile-textile recycling plants in Vietnam and Iberia.
Combining Selenis' expertise in polymer solutions and Syre's focus on textile recycling, the new US plant will use depolymerisation and polymerisation technologies in one location, enabling cost-effective, industrial-scale textile recycling. This integration aims to reduce waste and CO2 emissions while supporting sustainable textile production.
"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,” said Duarte Gil, CEO of Selenis.
Dennis Nobelius, CEO of Syre described the new facility as a ‘Blueprint Plant’ for the recycling company’s global expansion.
The Cedar Creek facility will leverage Selenis’ existing infrastructure, with Syre building an adjoining plant to streamline recycling processes from depolymerisation to PET chip production.
Eduardo Santos, head of corporate strategy at Selenis commented: “Together we have a vision of an innovation hub for textile recycling, parallelled with R&D investment, with the specific focus on being leading recyclers supporting the textile industry in becoming more sustainable – creating a unique space where pre-poly, de-poly and polymerisation happen all in the same site.”