Re:NewCell AB (publ)
STOCKHOLM, SE / ACCESSWIRE / December 22, 2021 / Re:NewCell AB (publ) (FRA:6QP) (STO:RENEW)
During December, Renewcell has signed multi-year purchasing agreements with three different European textile sorters - SOEX in Germany, Texaid in Switzerland and Sysav in Sweden. These companies will supply thousands of tonnes of textile waste each year for recycling at Renewcell's new facility in Sundsvall. The deliveries to Renewcell will consist of clothing and other textiles collected from consumers that are not possible to sell second-hand.
We continue to build a strong regional supplier network for textile waste fractions that are suitable for recycling with us. We're delighted to be able to offer our partners a profitable and circular alternative to downcycling, incineration or landfill of textile products that can not be sold second hand, says Martin Stenfors, COO at Renewcell.
According to the European Environment Agency (EEA), more than five million tonnes of textile waste are generated in Europe each year. About one-fifth of this amount is collected for some form of re-use, recycling for upholstery, insulation or rags or for export to other countries. The rest is lost in ordinary household waste and ends up either in landfill or incinerated. The issue of textile waste management is a priority within the EU, and from 2025 onwards, new mandatory requirements for separate collection and preparation for textile waste recycling will apply to all Member States.
With our patented recycling process, we make it possible to create new high-quality textile raw material made entirely from recycled textile waste for the very first time. We are proud to contribute to creating a circular economy for textiles within Europe together with SOEX, Texaid and Sysav. Our joint effort scale up textile recycling is crucial for the EU to achieve the goals set for 2025, Martin Stenfors adds.
Contact
Harald Cavalli-Björkman
Chief Growth Officer
harald.cavalli-bjorkman@renewcell.com
+46 70 590 32 04
About Renewcell
Founded by innovators from Stockholm's KTH Royal Institute of Technology in 2012, Re:NewCell AB (publ) (‘Renewcell') is a multi-award-winning sustaintech company based in Sweden. The company's vision is to inspire an Industrial Evolution to a sustainable world by producing high quality materials from recycled textiles.
Through its patented process, Renewcell is able to upcycle cellulosic textile waste, such as cotton clothes, transforming it into a pristine new material called Circulose®. Fast Company named Renewcell one of the World's Most Innovative Companies 2021. Circulose® was also included on TIME Magazine's list of the 100 Best Inventions 2020.
Renewcell is a publicly listed company with shares traded on Nasdaq First North Premier Growth Market with the ticker name RENEW and ISIN code SE0014960431. FNCA Sweden AB is Renewcell's Certified Adviser, +46(0)8-528 00 399, info@fnca.se.
Image Attachments
Bale of textile waste - photo Alexander Donka
Renewcell's new textile recycling plant in Sundsvall, Sweden - photo Alexander Donka
Martin Stenfors, COO Renewcell - photo Alexander Donka
Attachments
Renewcell signs deals with European sorters to recycle thousands of tonnes of textiles annually
SOURCE: Re:NewCell AB (publ)
View source version on accesswire.com:
https://www.accesswire.com/679094/Renewcell-Signs-Deals-with-European-Sorters-to-Recycle-Thousands-of-Tonnes-of-Textiles-Annually
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Loar Holdings Inc. Announces the Acquisition of Harper Engineering Company22.1.2026 14:30:00 CET | Press release
WHITE PLAINS, NEW YORK / ACCESS Newswire / January 22, 2026 / Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today that it has completed the acquisition of Harper Engineering Company ("Harper") for cash consideration of $250 million. Founded in 1968 by O.J. Harper, Harper Engineering is a leading manufacturer of mechanically engineered devices for aircraft interiors. The company holds a proprietary portfolio of latching and securing mechanisms used across multiple leading commercial aerospace platforms. Known for exceptional quality and on-time delivery, Harper consistently earns top recognition from its original equipment and aftermarket customers. The company employs approximately eighty-five team members across two facilities in the Seattle, Washington area. "Harper maintains well-established line-fit positions on several leading in-production aircraft, positioning the business to benefit from near-term growth in commercial build rates," said Dirkson Charles, Chief Executive Offi
GoodData Announces Launch of MCP Server to Let AI Execute Analytics End-to-End21.1.2026 10:00:00 CET | Press release
Combining MCP, analytics-as-code, and LLMs to automate analytics execution at software speed SAN FRANCISCO, CALIFORNIA / ACCESS Newswire / January 21, 2026 / GoodData, a leader in AI analytics and decision intelligence, today announced the public launch of its MCP Server. As organisations adopt AI in analytics, most tools remain limited to query generation, leaving teams to manually manage metrics, dashboards and business logic. MCP Server moves AI beyond analysis, enabling governed, end-to-end analytics execution and delivering 10-50x faster time to value. The MCP Server is designed for AI developers, and BI and data teams who want to build and manage analytics faster with AI. It allows AI to build and operate analytics in the same way a skilled human team would, but faster and without operational bottlenecks. Using the Model Context Protocol (MCP), AI agents and large language models (LLMs) can connect directly to GoodData and execute analytics across the full lifecycle. They can wor
Kontent.ai Launches AI-Powered SEO and GEO Workflows to Cut Optimization Time by Up to 80% and Optimize Content for Search and Answer Visibility21.1.2026 08:00:00 CET | Press release
Kontent.ai today announced the launch of new agentic SEO and Generative Engine Optimization (GEO) workflows following early results that show organizations reducing the time required to audit and optimize content performance by up to 80 percent while improving organic and answer engine reach without additional media spend. BRNO, CZ / ACCESS Newswire / January 21, 2026 / As content inventories grow into hundreds of thousands of items, search engine optimization (SEO) has become a significant operational cost. Manual audits, spreadsheet-driven updates, and disconnected tooling make it difficult for teams to keep content accurate, structured, and discoverable across both traditional search engines and AI-driven discovery platforms. Kontent.ai's new agentic workflows are designed to change that cost and effort curve. Embedded directly within the CMS, autonomous agents continuously analyze content for missing or inconsistent metadata, unclear structure, outdated terminology, and weak intern
GA-ASI and Calidus Sign MOU To Collaborate on Co-Production of MQ-9B and Gambit Collaborative Combat Aircraft20.1.2026 18:00:00 CET | Press release
ABU DHABI, UAE / ACCESS Newswire / January 20, 2026 / General Atomics Aeronautical Systems, Inc. (GA-ASI), the world leader in unmanned aircraft systems, and Calidus Aerospace, one of the leading defense and manufacturing companies, have signed a Memorandum of Understanding (MOU) to collaborate on the prospective co-production of MQ-9B Remotely Piloted Aircraft and Gambit Collaborative Combat Aircraft (CCA) in the UAE, as well as command and control and battle management systems. The agreement was signed by GA-ASI President David R. Alexander and Dr. Khalifa Murad Alblooshi, Managing Director and CEO of Calidus Holding Group, on the sidelines of the UMEX and SimTEX 2026 taking place January 20-22, 2026. The MOU provides a framework for cooperation between GA-ASI, GA-Intelligence, and Calidus where all parties will look to collaborate on programs in the areas of airframe manufacturing, final assembly, test and checkout, as well as flight operational test and acceptance. "Working with pa
Vossen Capital Management Secures £200 Million in Pre-IPO Investment Commitments20.1.2026 15:20:00 CET | Press release
Vossen Capital Management Ltd ("Vossen Capital" or the "Company"), a specialist investment firm focused on fixed income and private market opportunities, announces that it has secured £200 million in committed capital for its Pre-IPO Investment Programme. LONDON, UK / ACCESS Newswire / January 20, 2026 / Highlights: £200 million committed to Pre-IPO allocations across technology, healthcare, and sustainable infrastructure sectors Expanded institutional partner network providing enhanced deal flow access Strong investor demand driven by track record of successful Pre-IPO placements Programme offers qualified investors early-stage exposure to growth companies ahead of public listings The capital commitments have been secured from a combination of institutional investors, family offices, and high-net-worth individuals seeking exposure to private market opportunities typically reserved for venture capital and institutional funds. Jack Vossen, Head of Private Equity at Vossen Capital, comme
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom