Acelon will procure Circ Polyester over the same five-year period to support polyester filament production.
Circ has announced a long-term partnership with Acegreen Eco-Material Technology Co., a subsidiary of Taiwan-based Acelon Chemicals & Fiber Corporation, to establish a commercial agreement that aims to accelerate the adoption of circular materials in the textile industry.
Through the tie up, Acegreen has made a commitment to purchase Circ’s pulp over five years from the firm’s first commercial scale facility. The recycled pulp will be utilised in the production of pre-specified lyocell fibers, enabling brands to integrate recycled materials into their supply chains.
Additionally, Acelon will procure Circ Polyester over the same five-year period to support polyester filament production.
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“Acegreen was one of the first to work with us, and they’ve played an important role in advancing our technology and bringing it to market,” said Peter Majeranowski, CEO at Circ, which recently landed $25 million in funding.
“They’ve integrated our recycled pulp and polyester into their filament production and are helping demonstrate how next-gen materials can scale. Their ability to move quickly and adapt is a great example of how great partners can accelerate real progress toward circularity.”
“This collaboration reflects our deep commitment to advancing sustainable fiber production and contributing to the future of a circular textile economy,” said Roger Chou, CEO at Acegreen.
“By working alongside Circ, we are not only securing a steady supply of innovative recycled materials but also reinforcing our dedication to reducing waste and promoting resource efficiency in the textile industry.”
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