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STOCKHOLM, Feb. 23, 2021 /PRNewswire/ — TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Make investments, now invests €35 million in establishing an indication plant in Sweden. It’s a essential subsequent step in the direction of commercializing a brand new sustainable textile fiber, with scalable know-how and low manufacturing price. The intention is to make sustainable textile fibers obtainable to all.
Everywhere in the world, sustainable textile fibers are in rising demand. TreeToTextile is dedicated to enabling manufacturers, firms, and others with a progressive agenda, to have entry to sustainable textile fibers. TreeToTextile affords a brand new know-how to provide biobased textile fibers with a low environmental footprint at a lovely price degree. The brand new fiber is a regenerated cellulosic fiber, produced from renewable and sustainably sourced uncooked supplies from the forest.
TreeToTextile’s robust sustainability efficiency is confirmed by a 3rd celebration verified Life-Cycle-Evaluation examine1. Trying on the sustainability targets, the brand new know-how would imply much less use of power, chemical compounds and water when benchmarked to the manufacturing of standard fibers. The novel course of is intentionally designed to have low power demand and low chemical want. It’s engineered to go well with giant scale manufacturing and features a restoration system for reusing chemical compounds.
Our know-how has the potential to cut back the environmental footprint of the textile business considerably. With our house owners’ help, modern agendas, know-how, and measurement, we assess that TreeToTextile can play an essential contributing half globally, in enabling the textile business to grow to be sustainable and round, says TreeToTextile’s CEO Sigrid Barnekow.
TreeToTextile is now investing to assemble an indication plant for upscaling the method know-how. The associated fee is €35 million, which is funded with an funding of €27,4 million from the house owners, H&M Group, Inter IKEA Group, Stora Enso, and LSCS Make investments, and a grant of €7,6 million from the Swedish Power Company. The plant will probably be established at Stora Enso’s Nymölla mill in southern Sweden, and the development will begin in spring 2021. The manufacturing capability will probably be 1 500 tons fiber per 12 months.
The important thing to creating actual change is cooperation. We’re a younger group and firstly of our operations, however by investing in an indication plant, we’re lastly on the go. With it we’re turning years of R&D into actuality to extend the biobased share on the textile market to help local weather motion. That’s the reason this is a vital cut-off date, not just for TreeToTextile, says Roxana Barbieru, Chairwoman of TreeToTextile / Vice President, Rising Companies and Alliances Administration, Biomaterials at Stora Enso.
TreeToTextile – Sustainable textile fibers are in rising demand, and the world is in want for brand new and higher fibers. TreeToTextile affords a brand new know-how to allow a brand new sustainable man-made cellulosic textile fiber. Its dedicated house owners: H&M Group, Inter IKEA Group, Stora Enso and entrepreneur Lars Stigsson, are united within the intention to make sustainable textile fibers obtainable to all.
[1] Hildenbrand & Roos, 2020. third celebration verified by Quantis Jan 2021
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SOURCE TreeToTextile AB
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