Abreu advises Selenis in partnership with Syre
Abreu Advogados has advised Selenis, a leader in polyester solutions, on the establishment of a partnership with Syre, a company focused on large-scale textile recycling. This partnership aims to combine advanced depolymerisation and polymerisation technologies to recycle textiles sustainably, on a large scale and with economic efficiency, states Abreu.
The new unit, which is the result of this partnership, will serve as a model for other technologies and will enable the production of up to 10,000 tonnes of circular polyester per year, with the first commercial sale scheduled for the end of 2025. The operation foresees the expansion of Selenis’ facilities in Cedar Creek, North Carolina, while Syre will build an adjoining facility for a continuous production flow, from depolymerisation pre-processing to the production of recycled PET.
The Abreu Advogados’ advisors team in charge of this operation was led by professional partner Diogo Pessanha and had the support of senior associate Benedita Pessanha (both pictured).
