LOS ANGELES – Spanish fashion giant Inditex has signed a three-year agreement to buy textile to textile recycled polyester cycora for over €70m. The deal is part of a strategic partnership Inditex has formed with Ambercycle, a Los Angeles based material science company, to “help scale textile to textile recycled polyester.”
Inditex has signed a three-year agreement to buy a significant portion of the annual production of cycora, which is a material made from post-industrial and post-consumer polyester waste.
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