#Recycling / Circular Economy

2021-03-11

Renewcell named to Fast Company’s annual list

Renewcell has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021.

Renewcell, a fast growing Swedish textile-to-textile recycler, among top-ranked in the Style category.

The list honors the businesses that have not only found a way to be resilient in the past year, but also turned those challenges into impact-making processes. These companies did more than survive, they thrived—making an impact on their industries and culture as a whole. This year’s MIC list features 463 businesses from 29 countries.

This recognition is the result of hard work on the part of a group of visionary innovators, a world-class team and investors that see the promise of circular fashion innovation. We’re as determined as we’ve ever been to lead the shift to circularity in fashion says Patrik Lundström, CEO of Renewcell.

Over the course of 2020, Renewcell reached several milestones on its way to commercialization of it’s patented process for chemical recycling of discarded cotton textiles. The company launched its groundbreaking recycled material Circulose® in retail for the first time together with first H&M and Levi’s, respectively. In November 2020, Renewcell also became a publicly listed company through a siccessful IPO on Nasdaq First North Premier Growth Market, raising equity to finance its next, full scale textile recycling plant in Sundsvall, Sweden.

Fast Company’s editors and writers sought out the most groundbreaking businesses across the globe and industries. They also judged nominations received through their application process.? ?The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

Trützschler expands technical service capabilities for spinning mills in Pakistan

Faster support, shorter downtime and advanced repair capabilities: customers across Pakistan can now benefit from the Trützschler Service Station at its new location in Lahore. By combining Trützschler service expertise with state-of-the-art diagnostic equipment, the new facility helps spinning mills resolve technical issues more quickly and maintain reliable production.

Blue Jeans Go Green celebrates 20 years of denim recycling with more than six million items collected

Cotton Incorporated is celebrating the 20th anniversary of its Blue Jeans Go Green™ denim recycling program. Since its launch in 2006, the initiative has collected more than six million denim items, diverted over 3,000 tons of textile waste from landfills and enabled the production of more than 12 million square feet of denim-based insulation. What began as a college campus collection drive has developed into a nationwide recycling initiative involving consumers, retailers, schools and community organisations across the United States.

Lenzing improves profitability as strategic transformation gains momentum

The Lenzing Group reported improved operating profitability in the first nine months of 2026 despite declining revenue and a challenging market environment. Revenue decreased by 2.3 percent to EUR 1.93 billion, while adjusted EBITDA remained stable at EUR 353 million. The adjusted EBITDA margin increased from 17.9 percent to 18.3 percent, reflecting progress in the company's strategic transformation under its “Grow Nonwovens. Reset Textiles.” strategy.

Texworld Apparel Sourcing Paris marks 30th anniversary with a redesigned exhibition concept

Texworld Apparel Sourcing Paris will celebrate its 30th anniversary from 25 to 27 January 2027 at the Paris-Le-Bourget Exhibition Centre. With more than 1,000 international exhibitors expected, the anniversary edition will introduce a redesigned exhibition layout across Halls 3 and 4, bringing fabric manufacturers and garment producers closer together. The event will also highlight Spring-Summer 2028 trends, sustainable sourcing and new opportunities for international textile trade.

New momentum for British textile machinery in India

The British Textile Machinery Association (BTMA) is looking to India ITME 2026 as a major opportunity to strengthen industrial partnerships and mutually expand exports, following the introduction of the UK-India Free Trade Agreement and the formation of the UK-India Textile Machinery Coalition (UKITMC).