Far Eastern Group invests in Circ to boost textile-to-textile recycling
Taiwanese polyester giant Far Eastern Group has announced a strategic investment in US-based recycler Circ, aiming to scale textile-to-textile regeneration in the apparel industry. This investment, channeled through Far Eastern's corporate venture capital arm, Drive Catalyst, will advance Circ’s production of recycled polyester from textile waste.
Far Eastern Group, one of the world’s largest producers of both virgin and recycled polyester, seeks to accelerate Circ’s ability to produce polyester from the chemical building blocks derived from recycled polycotton textile waste. By leveraging Far Eastern’s extensive manufacturing capabilities with Circ’s innovative technology, the partnership is well-positioned to expand the production of textile-to-textile recycled polyester. Far Eastern’s 70 years of expertise in the textile supply chain will support Circ in scaling up to meet the demands of large fashion brands and their customers.
Circ’s recycling technology successfully separates polycotton blended textile waste and recovers both cellulosic and synthetic fibers. The company’s collaboration with Far Eastern Group aims to increase the amount of recycled fiber produced annually significantly. This investment aligns with Circ’s plans to open a second factory in 2026, targeting a production capacity of 65,000 tons of fiber per year.
