All Renewcell articles
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ArticleAltor buys Renewcell and starts Circulose
Swedish textile recycling company Renewcell, founded by innovators from Stockholm’s KTH Royal Institute of Technology in 2012, has been looking for a new owner to safeguard and advance its patented process to produce Circulose pulp from 100 percent textile waste ever since it filed for bankruptcy in February 2024. The ...
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News briefsSwedish recycler goes bankrupt
Swedish textile recycler Renewcell has been declared bankrupt by the Stockholm District Court. The company made its filing for bankruptcy on Feb. 25. Renewcell has failed to secure the capital and liquidity to complete the strategic review it announced in November 2023 and maintain operations. It had been negotiating with ...
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ArticleTangshan Sanyou pledges to increase production of low-carbon fibers
Leading man-made cellulosic fiber (MMCF) manufacturer Tangshan Sanyou, textile-to-textile recycling company Renewcell and environmental non-profit Canopy announced at the Shanghai Yarn Expo their joint commitment to increase production of circular, eco-friendly MMCF from recycled textiles in China. Sanyou has committed to increasing the production of low-carbon circular fiber up to ...
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News briefsPulp manufacturer Renewcell with triple-digit sales growth
Renewcell, the Swedish dissolving pulp manufacturer, reported net sales of 12.6 million Swedish kronor (€1.1m) for the full year to Dec. 31, 2022, up from SEK 2.8 million (€253K) in the previous year. Through its patented process, the company produces a dissolving cellulose pulp known as Circulose from 100 percent ...