Sven Nilson's post

H&M Group and Vargas Holding launch Syre, a new company to scale recycled polyester from textile-to-textile
Syre, which was founded by the H&M group together with Vargas Holding, and which has now brought in TPG Rise Climate as an investor, aims to quickly scale up the recycling of polyester from textile waste and contribute to a more sustainable textile industry. The H&M Group has entered into an offtake agreement with Syre worth a total of USD 600 million over seven years, covering a significant portion of the H&M Group's long-term needs for recycled polyester, which currently comes mainly from recycled PET (rPET) bottles.
Syre marks the start of the big shift in the textile industry. We envision a world where every textile fiber gets new life. By implementing real textile-to-textile recycling on a large scale, we want to drive the transition from a linear to a circular value chain by using textile waste over and over again.

Dennis Nobelius, CEO of Syre

  • Sean Richards

    4 w

    I also strongly agree with the following statement; “August 24 - There’s probably enough clothing on the planet that there’s no need to spin another new fibre. In the United States and European Union almost 22 million tonnes of textiles are thrown out every year. The waste is found everywhere from the ocean to the Atacama Desert.” When I asked ChatGPT 3.5 about the subject, it replied: “While recycled polyester clothing, often made from recycled PET bottles, offers a sustainable alternative to traditional polyester, there are still some concerns to consider: 1. **Microplastic Pollution:** When recycled polyester clothing is washed, it sheds microplastics into the water, which can eventually make their way into the environment and food chain, posing risks to aquatic life and potentially human health. 2. **Chemical Usage:** The process of recycling PET bottles into polyester fabric often involves the use of chemicals and energy-intensive processes, which can have environmental impacts if not properly managed. 3. **Durability and Quality:** Some argue that recycled polyester garments may not be as durable or high-quality as those made from virgin polyester, potentially leading to shorter lifespans and increased waste if they wear out more quickly. 4. **Market Saturation:** With the growing popularity of recycled polyester clothing, there is a concern that the market may become saturated, leading to increased competition and potentially lower prices that could undermine the economic viability of recycling programs. 5. **End-of-Life Management:** While recycled polyester clothing is a step towards circularity, ensuring proper end-of-life management through recycling or composting is crucial to maximize its sustainability benefits and minimize waste. Despite these concerns, recycled polyester clothing still offers significant environmental benefits compared to conventional polyester, including reducing the demand for virgin materials and diverting waste from landfills. Additionally, ongoing research and innovation in materials science and recycling technologies aim to address some of these challenges and further improve the sustainability of recycled polyester clothing.”

    • Munene Mugambi

      4 w

      In regards to decarbonising the textile industry, I believe what is being done H&M and Vargas through Sure will leave lasting effects on this journey. We hope for the very best from this collaboration

      • Boniface Kuria

        4 w

        Textile wastes are some of the biggest polluters especially in developing nations where all textile waste from developed nations is dumped. Recycling polyester will be very helpful for the environment..

        • Adam Wallin

          4 w

          Good to hear that they have a purchasing agreement for this venture, so that it hopefully doesn't run out of money like Renewcell did.

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