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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

Syre appoints Tim King as CEO

Syre has appointed Tim King as its new Chief Executive Officer, succeeding Dennis Nobelius, who has decided to leave the company after more than three years as CEO to pursue new opportunities in another industry. King, who has been with Syre since its early days, has been responsible for the company's industrial development and the execution of its strategy.

#Recycled Fibers

Recover™ launches Recover™One, a 100% recycled fiber blend range that eliminates downstream overdyeing

Recover™, a leading materials science company and global producer of recycled cotton at scale, today announces the launch of Recover™One, a new range of fiber blends made entirely from recycled materials. Developed to support the textile industry’s transition toward greater circularity, Recover™One combines recycled polyester and Recover recycled cotton to create soft, smooth, high-performance fabrics for a wide range of applications.

#Recycling / Circular Economy

Fashion for Good launches Cotton Reloop Matrix Project to unlock commercial scale for recycled cotton

Fashion for Good today announces the launch of the Cotton Reloop Matrix Project, a cross-industry initiative that will map and physically validate the quality of commercially available recycled cotton yarns against brand specifications, giving the industry a data-backed overview of how quality, price, and recycled content intersect. The project is convened with Fashion for Good partners Arvind, BESTSELLER, C&A, Interloop, Reformation, and Shahi, together with ecosystem partner Uster.

#Recycling / Circular Economy

ReHubs names Béatrice Moureaux CEO to advance textile recycling in Europe

ReHubs has appointed Béatrice Moureaux as Chief Executive Officer, marking a new chapter for the European alliance as it continues to strengthen its work to scale textile-to-textile recycling across Europe. Béatrice has served as Board Advisor to ReHubs since December 2025, working closely with its Board, team and members on the organisation’s strategy and projects. She brings more than 25 years of experience across technical textiles, advanced fibres, nonwovens and circular innovation.

Latest News

#Digital Printing

Growth at the speed of demand: Kornit Digital brings digital textile innovation to PERFORMANCE DAYS 2026

Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit”), a global pioneer in on-demand digital fashion and textile production, will showcase the possibilities of digital, on-demand production at PERFORMANCE DAYS 2026, October 13–14 at Messe München, Hall 6, Booth E08.

#Denim

Officina39 and Gold Girl Co. explore unconventional materials in denim at Kingpins Amsterdam

Officina39 and Gold Girl Co. will present their experimental collaboration “Renegade Renaissance” at Kingpins Amsterdam on October 14–15, 2026. The project brings together the creative direction of Marta and Glenda Goldschmied, founders of Gold Girl Co., with Officina39's expertise in textile chemistry and material development.

#Dyeing, Drying, Finishing

Impressive savings with Monforts’ stand-alone air/air heat exchanger

Having maintained an 80% share of Pakistan’s new stenter market with MONTEX machines for over 20 years and additionally now installed over 40 THERMEX dyeing ranges in the country, Monforts will highlight the benefits of its latest Universal Energy Tower at IGATEX 2026.

#Denim

MK SONS Denim Research to make its debut at Kingpins Amsterdam

MK SONS Denim Research, a specialist denim development and manufacturing division of Pakistan-based textile and garment manufacturer MK SONS, will make its debut at Kingpins Amsterdam on October 14–15, 2026. The company will present its approach to integrating denim product development with industrial manufacturing at stand T in the Green Area.

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