Abstract: A method for producing terylene fiber using polyester waste is disclosed. Firstly, dried polyester waste is sent into a screw extruder, then is melt and extruded to be polyester melt. Whereafter, the melt is filtrated twice to remove impurities. Then macromolecule polymerization reaction is taken place in the polyester melt to homogenize the molecular weight of macromoleclar polymer and to increase the viscosity of the polyester. Then the melt with increased viscosity is finely filtrated using melt precision filter. Whereafter, the melt is sent into a spinning box to execute metering spinning, then is cooled and solidified to be filaments. Finally, the filaments are wound according to various process requirements. The method can increase the quality of regenerated polyester spinning melt. The regenerated polyester melt has less impurities and homogenous viscosity after multiple filtrating.