LOS ANGELES – Shinkong Synthetic Fibers Corporation, a global leader in polyester production, has made a significant investment of US$10m in Ambercycle’s new commercial facility. The investment aims to expand the global production capacity of Ambercycle’s cycora recycled material, which is derived from end-of-life textiles.
Over the past three years, Ambercycle’s molecular regeneration technology has been combined with Shinkong’s extensive expertise in the premium polyester market. Together, they have worked to manufacture regenerated yarns and meet demand for cycora material.
“This investment marks an important milestone in our mission to make circular materials more widely available,” said Shay Sethi, co-founder and CEO of Ambercycle. “We are thrilled to deepen our partnership with Shinkong. This funding allows us to scale up to meet the growing needs of our customers and push the boundaries of sustainable textile production.”
“Recognizing Ambercycle’s leadership in circular solutions, we are eager to support their expansion,” said Eric Wu, chairman of Shinkong Synthetics. “Investing in their new facility is not just a strategic move—it’s a commitment to pioneering a future with decarbonized polyester, which is vital to our business. This collaboration will further enhance our ability to deliver high-performance, sustainable products to the global market.”
Ambercycle plans to begin operations at the new facility in 2026. The company said this strategic expansion will significantly boost its capacity to support recycling and scale next-generation materials within the textile industry.
Shinkong Synthetic Fibers is a leading player in Taiwan’s polyester industry and one of the world’s key polyester manufacturers. Established in 1967, the company holds a significant position in the fields of polyester fibre, polyester granules, polyester film, and engineering plastics.
In terms of environmental protection, Shinkong Synthetic Fibers Co. has invested heavily in developing recycled fibres and biological polyesters, committed to reducing oil dependence and carbon emissions. The company also implements a strict environmental management system, striving to reduce energy consumption and waste emissions during production.
