STOCKHOLM, SE / ACCESSWIRE / January 02, 2024 / Re:NewCell AB (publ) (FRA:6QP)(STO:RENEW)
For the period 1 December to 31 December, Renewcell 1 produced approximately 818 metric tons of prime quality dissolving pulp. About 1,000 metric tons were delivered to customers during the period out of the stock of pre-sale with our trading partner Ekman. Total production output at Renewcell 1, including prime quality, was approximately 1,149 metric tons of dissolving pulp during the period.
Contact
Peter Schulz, CFO
investors@renewcell.com
About Renewcell
Re:NewCell AB (publ) ("Renewcell") developed a patented process that enables the recycling of cellulosic textile waste, such as worn-out cotton clothes and production scraps, transforming it into a pristine new material called CIRCULOSE®. Founded by innovators from Stockholm's KTH Royal Institute of Technology in 2012, the award-winning, Sweden-based sustaintech company's vision is to make fashion circular.
Through its patented process, Renewcell is able to recycle cellulosic textile waste, such as worn-out cotton clothes and production scraps, transforming it into a pristine new material called CIRCULOSE®. Fast Company named Renewcell one of the World's Most Innovative Companies in 2021, as well as World Changing Idea in 2023. CIRCULOSE® was also included on TIME Magazine's list of the 100 Best Inventions 2020.
Renewcell is a publicly listed company with shares traded on Nasdaq First North Premier Growth Market with the ticker name RENEW and ISIN code SE0014960431. FNCA Sweden AB is Certified Adviser.
Attachments
Renewcell's production development in December 2023
SOURCE: Re:NewCell AB (publ)
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