Velvet classic

Will Syre’s $1 bn Vietnam plant ignite Asia’s recycled polyester

Syre’s planned US$1 billion Vietnam complex is designed for 100,000–250,000 tonnes of recycled PET pellets annually and about 600 jobs.
Construction is targeted for 2027, with operations around 2029, backed by ABB engineering and offtake commitments from Nike, H&M and others.
Carbios’ €230 million Longlaville plant faces financing delays, while it pivots to a 50,000-tonne China joint venture.Syre’s planned US$1 billion Vietnam complex is designed for 100,000–250,000 tonnes of recycled PET pellets annually and about 600 jobs.
Construction is targeted for 2027, with operations around 2029, backed by ABB engineering and offtake commitments from Nike, H&M and others.
Carbios’ €230 million Longlaville plant faces financing delays, while it pivots to a 50,000-tonne China joint venture.

Exit mobile version