Renewcell Partners With TextileGenesis(TM) for Circulose Pulp-to-Retail Transparency - Seite 2

"Traceability is fast becoming a key prerequisite to sustainable product offerings. Our partnership with Renewcell will create unprecedented supply chain traceability for CIRCULOSE® pulp towards retail brands. It moves forward the sustainable fibers industry to create end-to-end traceability," says Amit Gautum, TextileGenesis™ Founder and Chief Executive Officer. "Renewcell has engineered a truly circular process to make CIRCULOSE®. TextileGenesis™ helps Renewcell verify every step of the supply chain and carry that authentic and transparent message all the way to their brand and retail partners."

Contacts

Patrik Lundström
CEO
[e-mail]
[phone]

Toby Lawton
Chief Financial Officer
[e-mail]
[phone]

About Renewcell

Re:NewCell AB (publ) ("Renewcell") developed a patented process that enables the recycling of cellulosic textile waste, such as worn-out cotton clothes and production scraps, transforming it into a pristine new material called CIRCULOSE®. Founded by innovators from Stockholm's KTH Royal Institute of Technology in 2012, the award-winning, Sweden-based sustaintech 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®. Fast Company named Renewcell one of the World's Most Innovative Companies in 2021, as well as World Changing Idea in 2023. 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, [phone], [e-mail].

Image Attachments

CIRCULOSE® Tour April 23 Photo By Sadia Rafique
CIRCULOSE® Tour April 23 Production Photo By Sadia Rafique

Attachments

Renewcell Partners With TextileGenesis™ for Circulose® Pulp-to-Retail Transparency

SOURCE: Re:NewCell AB (publ)

View source version on accesswire.com:
https://www.accesswire.com/753919/Renewcell-Partners-With-TextileGenes ...


The Re:NewCell Stock at the time of publication of the news with a raise of +0,86 % to 7,065EUR on Frankfurt stock exchange (10. Mai 2023, 09:54 Uhr).