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Circ expands network of manufacturing partners with new partnership
Yahoo Finance· 2026-03-16 11:52
Group 1 - Circ has formed a partnership with Xinxiang Bailu Chemical Fiber Co to enhance its position in the circular textile economy by providing access to recycled fibers for existing fashion supply chains [1][2] - The partnership aims to utilize Circ's recycled pulp in the production of commercial-grade viscose filament, which will be supplied to global fashion brands and mills in China, the largest textile manufacturing hub [2][3] - This collaboration is expected to create a closed-loop model in China, reducing reliance on virgin raw materials and offering sustainable alternatives for fashion brands to meet climate and circularity commitments [3] Group 2 - Circ recently completed a $25 million funding round to scale its technology on an industrial level and has established partnerships with major brands such as Zara and Christian Siriano [4] - The partnership with Xinxiang Bailu is seen as a significant step in expanding Circ's network of manufacturing partners and deepening its presence in Asia [2][4] - The collaboration is focused on innovation in recycling textile waste and promoting sustainable development within the textile and apparel industry [3]