Far Eastern adds to textile recycling interests

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TAIPEI – Taiwanese polyester giant Far Eastern Group has invested in US recycler Circ as part of a strategic effort to help scale textile-to-textile regeneration in the apparel industry.

The investment, which is being provided through Far Eastern’s corporate venture capital arm, Drive Catalyst will be used to advance Circ’s production of recycled polyester from textile waste.

TAIPEI – Taiwanese polyester giant Far Eastern Group has invested in US recycler Circ as part of a strategic effort to help scale textile-to-textile regeneration in the apparel industry.

The investment, which is being provided through Far Eastern’s corporate venture capital arm, Drive Catalyst will be used to advance Circ’s production of recycled polyester from textile waste.

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