Unifi Faces Challenges in Recycled Polyester Fiber Sales
Unifi Inc. reports a decline in recycled polyester fiber sales but sees growing demand for PET flake and chip products in the first quarter of fiscal year 2023. Unifi Inc., a leading PET recycling company known for its Repreve brand of recycled polyester fiber, recently reported a decline in net sales during the first quarter […]
Inditex Partners with US Start-Up to Source Recycled Polyester
Inditex is investing over 70 million euros to secure a supply of recycled polyester from U.S. start-up Ambercycle. Inditex, the parent company of Zara and the world’s largest clothing retailer, is taking significant strides in its commitment to sustainability by embracing next-generation materials. The company is investing over 70 million euros ($74 million) to secure […]
