STOCKHOLM – Textile recycling innovator Re:newcell is exploring the possibility of investing in a new facility in Sweden, as it looks to scale production. Re:newcell’s technology chemically recycles garments with high cellulosic content to yield virgin-equivalent raw material for reuse.
“We have to scale up our production rapidly to meet demand for our product from the fashion industry. Therefore, we are now evaluating Ortviken as an option for an investment in the range of 1 billion SEK to build a new larger recycling plant,” said CEO of the firm, Patrik Lundström.
