Renewcell Expands Timeline To Receive Bids
Renewcell bankruptcy trustee announces new deadline for receiving purchase offers. The deadline has been extended to 28 March at 12:00 pm CET in order to accommodate bids from several companies. The trustee anticipates a new owner will be secured in early April and will be announced shortly thereafter.
Re:NewCell AB 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.
Renewcell Expands Timeline To Receive Bids
Subscribe To Textile Excellence Print Edition
If you wish to Subscribe to Textile Excellence Print Edition, kindly fill in the below form and we shall get back to you with details.
Newsletter
Subscribe To Textile Excellence Mailing List
- December 09, 2022
'There Is Very High Acceptance For India
- December 09, 2022
'Advanced Machines & Service, Customer C
- October 09, 2023
First-time In The World: Rieter’s Auto
- October 31, 2023
Denge & Dyesol India: Leading The Way In
- June 01, 2020
Karl Mayer Enables Automated Production
- June 05, 2023