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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

Mesdan to showcase laboratory-scale textile recycling solutions at Textiles Recycling Expo 2026

At Stand 2235 during the Textiles Recycling Expo 2026 in Brussels, Mesdan will present laboratory solutions designed to support the development and evaluation of textile-to-textile recycling processes.

#Recycled Fibers

Carbios and Wankai postpone startup of China’s first PET biorecycling plant to 2028

The industrial deployment of enzymatic PET recycling in Asia is progressing, but at a slower pace than initially planned. French recycling technology company Carbios and its Chinese partner Wankai New Materials have announced that the commissioning of their planned PET biorecycling facility in Haining, Zhejiang Province, has been postponed and is now expected in the first half of 2028.

#Sustainability

Closing the Footwear Loop reveals challenges and opportunities for circular footwear

The footwear industry faces one of the most complex circularity challenges in the fashion sector. A new Phase 1 report from the Fashion for Good initiative Closing the Footwear Loop, developed together with Circle Economy, provides new insights into the composition, condition and recycling potential of post-consumer footwear waste.

#Recycling / Circular Economy

Textiles Recycling Expo 2026 to spotlight the companies turning textile circularity into industrial reality

As the textile industry faces mounting pressure to scale circular solutions, improve recycling infrastructure, and respond to evolving regulation, Textiles Recycling Expo 2026 will bring together the organisations leading that transformation in practice.

Latest News

#ITM 2026

The future of textiles, the power of trade, and the summit of technology come together at ITM 2026

ITM 2026 International Textile Machinery Exhibition, one of the most prestigious organizations in the textile technologies sector, opens its doors to visitors between June 9-13. Expected to break records in terms of both exhibitor and visitor numbers, as well as the technological vision it presents, ITM 2026 will transform into a global trade hub with machine sales, and new business collaborations.

#Nonwoven machines

ATCO Hygienics, Uzbekistan, orders baby diaper production line from ANDRITZ

International technology group ANDRITZ has received an order from ATCO Hygienics to supply a new baby diaper production line for its plant in Tashkent, Uzbekistan. The order is included in ANDRITZ’s order intake for the first quarter of 2026. Commissioning of the production line is scheduled for the end of 2026.

#Weaving

Itema manufactures the first Projectile Weaving Machines “Made in Italy” at its Colzate Headquarters.

Itema proudly announces an important industrial milestone: in early May, the first Itema projectile weaving machines manufactured in Italy were successfully produced at the Group’s headquarters in Colzate.

#Spinning

Nico Pedretti appointed as Managing Director Graf Group

As of June 1, 2026, Nico Pedretti has assumed the role of Managing Director Graf Group. With more than 20 years of international industrial experience and extensive expertise in Operations, Supply Chain Management, Finance and Controlling, he brings a broad range of leadership and business experience to support Graf’s continued success.

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