News & Insights | Textile Industry

Syre (Sweden) joins ITMF as Corporate Member

Published: December 4, 2024
Author: TEXTILE VALUE CHAIN

“To decarbonize and dewaste textiles, starting with polyester,” is Syre’s stated objective. We want to accelerate the shift from a linear to a circular value chain by repurposing textile waste through the implementation of real textile-to-textile recycling at hyperscale. With 12 production lines operating at full capacity and speed by 2032, Syre hopes to “do this at an unprecedented speed and scale, producing more than 3 million metric tons circular polyester, and in total +15 million metric tons CO2e abated.”

Mr. Christian Schindler, Director General of ITMF, said that “start-ups like Syre should become corporate members of ITMF for its benefit.” Syre provides fresh approaches to the urgent problem of recycling textile waste. Businesses in the textile value chain recognize the need to make the sector more circular. Recycling textiles into new ones is a crucial step in achieving this goal. Collaboration across all segments must be strengthened in order to scale and accelerate circularity. From fiber producers to makers of textile machines to integrated manufacturers of clothing and home textiles, ITMF provides a distinctive industry network.

“Syre has the opportunity to connect with well-established textile companies from around the world by joining ITMF as a corporate member,” said Ms. Stina Billinger, Director of Sustainability & Public Affairs at Syre. Through this access, one can gain a deeper understanding of the global textile value chain and benefit from the knowledge and experience of industry veterans. Access to ITMF’s publications, webinars, workshops, and conferences gives start-ups a thorough understanding of the market and allows them to network with key players.

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