Shinkong Synthetic Fibers invests $10M in Ambercycle facility

Shinkong Synthetic Fibers Corporation, a Taipei, Taiwan-based manufacturer of polyester, has invested $10 million into Los Angeles-based material science company Ambercycle’s first commercial facility.

Ambercycle says Shinkong’s investment builds upon three years of collaboration and will help expand global production capacity for its material made from end-of-life textiles called Cycora.

“This investment signifies a crucial milestone in our endeavor to make circular materials widely available,” Ambercycle Co-founder and CEO Shay Sethi says. “We are excited to deepen our partnership with Shinkong. This investment enables us to scale up to meet the growing demand of our customers and push the boundaries of sustainable textile production.”

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According to Ambercycle, demand for decarbonized polyester is expected to reach approximately 7 million metric tons (approximately 7.7 million tons) annually in 2026, up from 5 million metric tons (approximately 5.5 tons) in 2015, as more brands seek out circular materials to reach their sustainability goals.

“Recognizing Ambercycle’s leadership in circular solutions, we are eager to support their expansion,” Shinkong Synthetic Fibers Chairman Eric Wu says. “Investing in their new facility is not just a strategic move—it’s a commitment to pioneering a future with decarbonized polyester, which we see as critical to our business. This collaboration will further amplify our capacity to deliver high-performance, sustainable products to the global market.”

Ambercycle expects to commence operations at the new facility in 2026. The company says this expansion will enhance its ability to support circularity and scale next-generation materials within the textile industry, aligning with global efforts to transition towards more decarbonized production practices.