Spinning sustainability gains traction with Nike and Syre partnership

Spinning sustainability gains traction with Nike and Syre partnership

Swedish textile innovator Syre has announced a multi-year partnership with sportswear giant Nike to supply circular, textile-to-textile recycled polyester — a major step towards global sustainable apparel production and a move expected to positively impact Việt Nam’s textile industry.

Syre's representative received investment certificate for its construction of US$1 billion plant in Gia Lai Province in June.  Photo baodantoc.vn

Under the agreement, Syre will become Nike’s lead strategic supplier of recycled polyester, integrating the material into Nike’s core performance lines within the next few years. The partnership highlights Nike’s shift toward more sustainable sourcing and Syre’s push to scale circularity across the global textile sector.

“Our partnership with Syre represents a shift in how we source materials,” said Sitora Muzafarova, Nike’s Vice President of Materials Supply Chain. “Textile-to-textile recycled polyester is essential to designing high-performance products that are also sustainable.”

Founded in 2024 with support from H&M Group and Vargas Holding, Syre is building a global recycling network to cut carbon emissions across the textile industry. Its first gigascale facility — valued at US$1 billion — will begin construction in 2027 in Gia Lai Province, Việt Nam. The plant will recycle polyester from textile waste into high-quality raw materials, cementing Việt Nam’s position as a leading hub for circular textile manufacturing.

The partnership carries particular significance for Việt Nam, Nike’s largest supplier globally, with 171 factories employing more than 480,000 workers. Việt Nam produces nearly half of Nike’s footwear and over a quarter of its apparel. Integrating Syre’s recycled polyester into these supply chains is expected to enhance sustainability and value creation for local manufacturers.

“Having Nike commit to textile-to-textile generated polyester sends a powerful signal to the industry,” said Syre CEO Dennis Nobelius. “This is the moment when circular materials move from concept to commercial reality.”

The Nike deal follows Syre’s $600 million, seven-year supply agreement with H&M Group, further cementing its role as a key driver of the global great textile shift. 

Bizhub