Latest Syre News & Updates

See the latest news and media coverage for Syre. We track all announcements, press releases, and industry mentions in real time, all in one place.

Syre

Textile impact company specializing in textile-to-textile polyester recycling

syre.com

Headquarters: Stockholm, Sweden
Founded year: 2023
Company type: Public company
Number of employees: 10–70
Industry: Specialty Chemicals

Last updated October 8

Latest news about Syre

In short: Syre appointed Tim King as CEO and secured ~$900M in offtakes, advancing its $1B Vietnam gigascale textile recycling plant.

Company announcements

October 7 Syre

Syre appoints Tim King as CEO

Tim King replaces founding CEO Dennis Nobelius, leveraging his operational experience to drive Syre's industrial scale-up and circular polyester production goals.

August 4 Syre

Syre approaches USD 900 million in secured offtake agreements.

The company discusses scaling textile-to-textile recycling, building production capacity, and overcoming industry challenges like collection, legislation, and funding.

June 30 Syre

Syre secures three largest circular polyester offtakes worth $900M

Demand for recycled polyester far outstrips supply by 2030; these commitments unlock factory investment and scale.

June 30 Syre

Syre shifts scaling focus to Asia per analyst Shivam Gusain

The textile recycler considers Vietnam for its clean energy and supply chain advantages, emphasizing collaboration and ambition for true scale.

Media coverage

October 8 Textile World

Syre Appoints Tim King As CEO

Founded in 2023, Syre has established a strong business platform with the industry's largest commercial agreements, leading industrial partnerships, and a committed investor base. Next...

October 6 Dagens industri

Veteran from the car industry leaves H&M's and Mix company

H&M's and Harald Mix's joint initiative Syre, which aims to recycle polyester garments, is affected by a departure when automotive veteran Dennis Nobelius steps down as CEO.

August 5 Yahoo Finance

SYRE s Q2 Loss Narrower Than Expected, Pipeline Progresses

Spyre beats Q2 loss estimates as positive phase II pipeline progress and upcoming data readouts fuel...

June 4 Yahoo Finance

SYRE Completes Enrollment in SKYWAY Basket Study on SPY072, Stock Up

Shares of Spyre Therapeutics SYRE were up 6.3% yesterday after the company announced that enrollment...

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