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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

#Texprocess 2026

Texprocess 2026: Automation, digitalisation and AI redefine textile processing

Making investment decisions in textile processing has become significantly more demanding. Increasing energy costs, a shortage of skilled labour and ongoing geopolitical uncertainties are compelling companies to focus on technologies that deliver clear gains in efficiency and process reliability. This applies equally to apparel manufacturing and to the processing of technical textiles and high-performance materials. As a result, modernisation initiatives are assessed more carefully – even as the need to upgrade production systems continues to intensify.

#Techtextil 2026

Techtextil 2026: Between innovation pressure & market reality

From 21 to 24 April 2026, Techtextil in Frankfurt am Main will once again become the central meeting point for the international technical textiles and nonwovens industry. Running in parallel, Texprocess will focus on the industrial implementation of textile processing technologies as the leading platform in this field. Together, the two trade fairs form a closely integrated presentation and working platform along the entire textile value chain – from material development to finished applications.

#Techtextil 2026

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

#Texprocess 2026

Between investment restraint and modernization pressure

Texprocess 2026 takes place in a complex market environment shaped by uncertainty and innovation pressure. In this interview, Elgar Straub (VDMA) explains why the trade fair is particularly relevant this year and which technologies are driving efficiency and competitiveness.

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#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.

#Europe

Circular economy offers the EU win-win on environment and economy

Stepping up a circular economy offers the European Union the potential for significant positive impacts on Europe’s environment and poses an untapped and strategic economic opportunity in terms of better access to materials and the creation of new businesses. Three new assessments on circularity, published today by the European Environment Agency (EEA), also stress the need to accelerate investment in circularity efforts to meet EU climate and environment policy targets.

#Recycled Fibers

Lindex and BASF partner to bring textile-­to­-textile recycled polyamide to lingerie sector

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#ITM 2026

BB Engineering unveils new, patented “ValuePack” spin pack at ITM

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Latest News

#ITM 2026

SHIMA SEIKI to show complete knitting and cutting workflow at ITM 2026

Leading computerized flat knitting technology provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Turkish representative TETAS IC VE DIS TICARET A.S., will participate in the ITM 2026 International Textile Machinery Exhibition in Istanbul, Türkiye this month with a full product lineup. In addition to flat knitting machines and design software, visitors will also have the opportunity to experience the full range of SHIMA SEIKI textile machinery with its automatic cutting machine exhibit, all geared toward the fashion apparel market as well as non-apparel related businesses.

#Raw Materials

Global Cotton area and production are projected to decline in the 2026/27 Season

The June 2026 issue of Cotton This Month projects a modest contraction in global cotton area, production, and trade during the 2026/27 season, reflecting weaker demand sentiment, rising production costs, and shifting environmental factors across major producing nations.

#Natural Fibers

European Flax-Linen & Hemp step into advanced manufacturing: Enabling filament winding, 3D printing and high-performance composite processes

The Alliance for European Flax-Linen & Hemp announces a new wave of technological advancements demonstrating how flax-linen and hemp fibres are now being successfully integrated into advanced composite manufacturing processes. These developments mark a transition beyond traditional hand lay-up techniques, positioning natural fibres as credible, scalable solutions for high-performance industrial applications.

#ITM 2026

SETEX turns dyeing and finishing data into daily production control

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