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Industry Talk

MAS Holdings teams up with Ambercycle

Three-year off-take agreement demonstrates support for polyester made from regenerated textile waste.

6th June 2024

Innovation in Textiles
 |  Colombo, Sri Lanka & Los Angeles, CA, USA

Clothing/​Footwear, Sustainable

Sri Lanka-headquartered MAS Holdings, the largest apparel company in South Asia, has joined forces with Los Angeles-based Ambercycle to scale up textile-to-textile recycling.

The partnership, which centres around a three-year off-take agreement, reflects the demand among large brands and manufacturers for new streams of high-quality materials made from textile-to-textile regeneration.  

The agreement allows MAS to reserve capacity to utilise Ambercycle’s cycora circular polyester material for its customer partners and Ambercycle to further expedite efforts to reach commercial-scale production as quickly as possible.

A key MAS objective is to derive 50% of revenue from sustainable products by 2025.

“We’re committed to revolutionising apparel product creation and manufacturing and this collaboration is an important milestone,” said MAS Holdings director of group sustainable business Nemanthie Kooragamage. “Together with Ambercycle, MAS is enabling better access to regenerated next-gen material for our customer partners. This allows brands to meet the growing demand from consumers for sustainable apparel, while creating a positive environmental impact. The partnership is an example of how manufacturers are a missing link in the adoption of material solutions, and we are excited to have the opportunity to offer Ambercycle’s technology up for brand adoption.” 

“Supply-chain partners play a crucial role in advancing our work to decarbonise fashion and minimise the impact of raw-material extraction on our environment,” added Shay Sethi, Ambercycle co-founder and CEO. “We’re pleased to share our work with MAS as one of the premier manufacturing partners in the global apparel ecosystem.”

Ambercycle’s cycora circular polyester is made through proprietary molecular regeneration technology and yields the same quality as virgin-grade materials, while lowering greenhouse gas emissions and reducing dependency on landfilling or incinerating end-of-life textiles. 

The company plans to establish a state-of-the-art textile regeneration facility by the end of 2025, increasing the production of cycora.

www.masholdings.com

www.ambercycle.com

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