“Ambercycle has proven to be a leader in advancing circular solutions, and we are proud to collaborate with them to scale this groundbreaking innovation,” said Mr. Xu, Chairman at Benma. “Decarbonized polyester is essential for driving the sustainability of our industry. This partnership enhances our ability to deliver a broader range of high-quality, circular fibers, empowering our global brand partners to meet their sustainability goals."

Ambercycle and Benma are combining their expertise to scale cycora® fibers, advancing the availability of regenerated staple fibers for the global market. The partnership establishes a solid foundation for innovation and growth with Benma’s state-of-the-art manufacturing infrastructure and Ambercycle’s pioneering circular material technology. Benma’s direct investment in Ambercycle’s scale-up efforts further reinforces their shared commitment to accelerating the transition to circular textile solutions.

“Partnering with Benma allows us to expand cycora®’s potential by diversifying its applications into staple fibers,” said Shay Sethi, co-founder and CEO at Ambercycle. “Their investment in our scale-up efforts underscores a shared commitment to innovation and sustainability. This collaboration not only supports our ability to scale but also creates new pathways for brands to integrate circular materials into their supply chains and products.”

With demand for decarbonized polyester expected to reach 7 million metric tons annually by 2026, the need for innovative and scalable solutions has never been greater. This partnership between Ambercycle and Benma introduces cycora® fibers into wider applications, offering brands new opportunities to integrate circular materials into their supply chains. The collaboration addresses industry challenges head-on by aligning advanced manufacturing with cutting-edge regeneration technology, paving the way for a more circular future in textiles.

At the signing ceremony, Ms. Cherry Zhou, General Manager of Benma, and Mr. Matthew Iezzi, Head of Global Supply Chain Development at Ambercycle, formally signed the cooperation agreement on behalf of both parties. They were joined by representatives from the China Chemical Fiber Association and the Zhejiang Textile Association, along with esteemed partner Fuen Group and esteemed brand Decathlon.