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#Recycling / Circular Economy

Altor acquires remaining assets of Renewcell, ushering in a new era as circulose

Renewcell, a leader in cotton textile recycling, is pleased to announce that its remaining assets have been acquired by Altor, a respected investment firm based in Sweden. This acquisition marks a new chapter for Renewcell, now renamed Circulose.

With Altor's ownership, there is secure financing for the future of Circulose, ensuring that the company’s pioneering cotton recycling technology continues to thrive on a global scale.

The technology of recycling cotton to make a dissolving pulp for MMCF producers, such as viscose, has been a cornerstone of the company’s operations. CIRCULOSE® pulp, the innovative solution for textile-to-textile circularity, will remain at the forefront to create a sustainable future for the fashion and textile industry. This commitment to innovation and sustainability is further strengthened by Altor's investment, which provides the resources and network needed to scale Circulose’s impact and reach.

The current inventory of CIRCULOSE® pulp and fiber is ready to meet market demands, supported by our dedicated CIRCULOSE® Supplier Network (CSN) partners who continue to provide high-quality materials. This ensures that the market can confidently move forward with the assurance of an uninterrupted supply chain.

“We extend our deepest gratitude to our customers, partners, and stakeholders for their unwavering support and collaboration during this journey,” remarks Magnus Lundmark, Chief Executive Officer at Circulose.

“Together, we will continue to drive positive change, leveraging Altor's expertise and resources to enhance our capabilities and secure a confident future for Circulose and the broader textile community.”

Circulose is committed to maintaining the highest standards of quality and reliability through the transition into this exciting new phase of building a resilient, innovative, and circular future for the textile industry.


More News from TEXDATA International

#ITM 2026

ITM 2026: The new geography of textile production

New production hubs are emerging across North Africa and Central Asia, while Türkiye is accelerating its transformation toward higher-value, technology-driven and more sustainable textile manufacturing.

#Research & Development

“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.

#Knitting & Hosiery

“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

#Associations

“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.

More News on Recycling / Circular Economy

#Recycling / Circular Economy

Countdown to Textiles Recycling Expo 2026: Brussels prepares for Europe’s textile recycling gathering

With only two weeks remaining until the start of the second edition of the Textiles Recycling Expo 2026, preparations are entering the final phase. The exhibition and conference, dedicated exclusively to textile recycling and circularity, will take place on 24–25 June 2026 at Brussels Expo and is expected to attract stakeholders from across the textile recycling value chain.

#Recycled Fibers

Indorama Ventures enables brands to scale circular textiles through proven, traceable supply chains

Indorama Ventures, a global leader in recycled polyester staple fibers and filament yarns, will exhibit at Textiles Recycling Expo in Brussels on June 24–25. At the event, the company will show how brands and textile manufacturers can build traceable, circular textile supply chains by working with proven partners who deliver recycled materials on an industrial scale.

#Recycled Fibers

RECOVER™ launches Recover™ Yarns to accelerate recycled cotton uptake

Recover™, a leading materials science company and one of the world’s largest producers of recycled cotton fiber, today announces the launch of Recover™ Yarns, a curated portfolio of ready-to-use yarn solutions designed to accelerate the adoption of recycled cotton across the apparel supply chain.

#ITM 2026

Uster’s new Recycling Opening Index guides spinners to the perfect blend

Uster AFIS 6 now offers the key data for better decisions when blending recycled fibers. Process control is decisive in determining the quality and economic outcome. The new R Recycling Module of AFIS 6 introduces the Recycling Opening Index (ROI), so spinners can optimize their circularity credentials. It was officially launched at ITM 2026 in Istanbul, Türkiye.

Latest News

#Associations

Mario Jorge Machado re-elected President of EURATEX

The EURATEX General Assembly has re-elected Mario Jorge Machado as President of EURATEX, renewing its confidence in his leadership at a crucial moment for the European textile and clothing industry. The sector is facing rising costs, global competitive pressure and an increasingly challenging transition towards sustainability and digitalisation.

#ITM 2026

ITM 2026 makes happy participants with its international and qualified visitor profile

ITM 2026 International Textile Machinery Exhibition, one of the most prestigious meeting points of the textile machinery sector, attracted attention in its first three days, particularly with its diverse international visitor numbers. Industry professionals from all over the world had the opportunity to closely examine the latest technology machines and solutions displayed in operation. Thousands of visitors from approximately 100 countries, primarily Egypt, Pakistan, India, Uzbekistan, Syria, Turkmenistan, Tajikistan, Morocco, Algeria, and Tunisia, met at the Tüyap Fair and Congress Center for new investment and cooperation opportunities.

#ITM 2026

KARL MAYER presents a textile TEXTRONIC® innovation at ITM 2026

With highly efficient machines and continuous textile innovations, KARL MAYER underscores its role as a reliable partner for discerning top-tier customers. Just in time for ITM 2026 in Istanbul, the industry leader is introducing a true innovation: an eyelash lace with its characteristic fringed look – combined with a previously unattainable 4-way stretch. While the established fabric could until now only be produced as rigid version or with one-dimensional stretch, the new elasticity in both dimensions expands the possibilities for cross-band panel fabrics.

#Raw Materials

Better Cotton Initiative welcomes new and returning Council members

The Better Cotton Initiative (BCI) has confirmed a series of appointments and reappointments to its Council, the multistakeholder board responsible for BCI’s strategic direction.

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