Syre, a next-generation textile recycling company, has announced plans to build a gigascale recycling facility in Binh Dinh, Vietnam. This plant aims to process hundreds of thousands of tonnes of textile waste annually, with a focus on mechanically and chemically recycling polyester and cotton blends.
The facility is being developed in partnership with local Vietnamese authorities and global apparel brands committed to circularity. Once operational, it will be one of the largest textile recycling plants in Southeast Asia, positioning Vietnam as a critical node in the global recycling supply chain.
Syre’s approach includes integrating automated sorting, fiber identification via spectroscopy, and depolymerization units. The goal is to recover textile-grade raw materials at commercial scale and feed them back into the global garment manufacturing system.
The investment is backed by global impact investors and sustainability-focused funds, who see textile recycling as a key growth frontier. The plant is expected to be fully operational by late 2026 and serve as a model for replication in other key textile hubs.By reducing dependence on virgin materials and preventing textile landfill waste, Syre’s initiative could significantly accelerate progress toward a global circular textile economy.