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Shinkong Invests $10M in Ambercycle's New Facility to Commercialize Circular Polyester Innovation

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Shinkong Invests $10M in Ambercycle's New Facility to Commercialize Circular Polyester Innovation
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Shinkong Synthetic Fibers Corp , a global polyester manufacturer , strengthens its partnership with Ambercycle through a strategic $ 10 million investment into Ambercycle 's first commercial plant.LOS ANGELES and TAIPEI , Aug. 13 , 2024 /PRNewswire/ -- Shinkong Synthetic Fibers Corporation , a global leader in polyester production ,

Shinkong Synthetic Fibers Corp, a global polyester manufacturer, strengthens its partnership with Ambercycle through a strategic $10 million investment into Ambercycle's first commercial plant.

LOS ANGELES and TAIPEI, Aug. 13, 2024 /PRNewswire/ -- Shinkong Synthetic Fibers Corporation, a global leader in polyester production, has invested $10 million in Ambercycle's first state-of-the-art commercial facility.

Shinkong Synthetics and Ambercycle came together for a signing ceremony in Taiwan. On the left is Chairman Eric T.Wu of Shinkong Synthetics and on the right is CEO of Ambercycle, Shay Sethi.
Shinkong Synthetics and Ambercycle came together for a signing ceremony in Taiwan. On the left is Chairman Eric T.Wu of Shinkong Synthetics and on the right is CEO of Ambercycle, Shay Sethi.
Originally published at https://www.prnewswire.com/news-releases/shinkong-invests-10m-in-ambercycles-new-facility-to-commercialize-circular-polyester-innovation-302221261.html Images courtesy of https://pixabay.com

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