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Indorama and Jiaren Forge Major 100,000 Tonne Textile Recycling Venture

Indorama Ventures' Fibres business has formed a landmark joint venture with Jiaren Chemical Recycling. This new partnership aims to aggressively accelerate circularity within the global textile industry. The collaboration is a direct response to growing demands for sustainable solutions and the immense challenge of textile waste.

This joint venture seeks to unlock a massive 100,000 tonnes of textile recycled PET spinning capacity every year. Jiaren Chemical Recycling provides its advanced, scaled technology. The company's process chemically recycles polyester waste. Jiaren's system can source, sort, de-colour, de-polymerize, and then re-polymerize textile waste, turning old garments back into high quality feedstock.

Indorama Ventures contributes its vast global manufacturing footprint across the APAC, EMEA, and Americas regions. The company's proven expertise in building efficient regional supply chains gives the venture a powerful international platform. Indorama Ventures is backing the partnership with a substantial double-digit million US$ equity investment into Jiaren’s recycling capacity.

Brand owners stand to gain significantly. This venture will provide a stable, large-scale source of recycled fibres and yarns. It allows fashion and textile companies to meet ambitious climate targets. Consumers will benefit from sustainable products that maintain high material performance. This strategic alliance represents a significant, practical step towards building a true circular textile economy.

This joint venture seeks to unlock a massive 100,000 tonnes of textile recycled PET spinning capacity every year. Jiaren Chemical Recycling provides its advanced, scaled technology. The company's process chemically recycles polyester waste. Jiaren's system can source, sort, de-colour, de-polymerize, and then re-polymerize textile waste, turning old garments back into high quality feedstock.

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