Re:Newcell AB Reports Production Results for the January 2024

Renewcell AB is a Sweden-based textile-to-textile recycling company. Renewcell provides an alternative raw material for textile production that replaces resource-intensive material such as cotton, or petroleum-based material such as polyester. The Company's patented process recycles the cellulose in used cotton textiles and makes sheets of pure, natural and biodegradable dissolving pulp, which is then used as a raw material for manufacturing textile fibres such as lyocell and viscose. Renewcell's dissolving pulp is sold to fibre producers under the trademark Circulose. Circulose pulp can be used in several industrial applications. It serves primarily textile production in the garment industry, where demand for sustainable material is high.