Renewcell/CTA Green Fibre
(Source: Renewcell)
The textile-to-textile recycling innovator Renewcell has signed a Letter of Intent (LOI) with CTA Green Fibre, an innovative lyocell fiber producer, concerning a long-term commercial collaboration around man-made cellulosic fiber (MMCF) production. The agreement affirms the 2 companies’ intent to work together to supply lyocell textile fibers made using Circulose, the 100% recycled textile pulp made by Renewcell to global fashion brands in the coming years. Lyocell is a high quality, low-impact fiber using closed loop production process which is highly sought after among fashion brands.
The agreement has been facilitated by Ekman Group, Gothenburg/Sweden, Renewcell’s exclusive global trading partner.
The LOI signed between Renewcell AB, Stockholm/Sweden, and China Textile Academy Green Fibre Co. Ltd. (CTA Green Fibre), Shanghai/China, provides the framework for an upcoming offtake agreement between the parties. The future legally binding offtake agreement will set out commercial terms for the delivery of 18,000 tons of Circulose dissolving pulp to CTA Green Fibre over 5 years. CTA Green Fibre intends to use Circulose as feedstock in the production of lyocell fibers to be supplied to textile manufacturers and fashion brands worldwide.
Circulose = registered trademark
»The commercial application of Circulose in the field of Lyocell will provide sustainable and innovative materials for the fashion industry, with broad prospects. «
The agreement has been facilitated by Ekman Group, Gothenburg/Sweden, Renewcell’s exclusive global trading partner.
The LOI signed between Renewcell AB, Stockholm/Sweden, and China Textile Academy Green Fibre Co. Ltd. (CTA Green Fibre), Shanghai/China, provides the framework for an upcoming offtake agreement between the parties. The future legally binding offtake agreement will set out commercial terms for the delivery of 18,000 tons of Circulose dissolving pulp to CTA Green Fibre over 5 years. CTA Green Fibre intends to use Circulose as feedstock in the production of lyocell fibers to be supplied to textile manufacturers and fashion brands worldwide.
Circulose = registered trademark
