STOCKHOLM, SWEDEN / ACCESSWIRE / April 1, 2023 / Re:NewCell AB (publ) (FRA:6QP)(STO:RENEW) For the period 1 March to 31 March, Renewcell 1 produced approximately 1,150 tonnes of prime quality dissolving pulp (within specification for Circulose®). About 1,300 tonnes were delivered to customers during the period. Total production output at Renewcell 1, including prime quality, was approximately 1,350 tonnes of dissolving pulp during the period.
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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 make fashion circular.
Through its patented process, Renewcell is able to recycle cellulosic textile waste, such as worn-out cotton clothes and production scraps, transforming it into a pristine new material called Circulose®. Drapers Magazine recognized Circulose® at their 2022 Sustainable Fashion Awards. 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 Certified Adviser, +46(0)8-528 00 399, [email protected].
SOURCE: Re:NewCell AB (publ)