Waste-to-fiber startup gets a new investor

YarnsandFibers News Bureau 2019-08-26 13:40:00 –

Singapore-based RGE has joined H&M and a number of other groups to invest in Finnish waste-to-textile-fibres start-up Infinited Fiber Company Oy (IFC). RGE has also signed a co-operation agreement with the Finnish company to help commercialise its technology.

Since early 2018, IFC has been operating a 50-tonne per annum pilot plant in Espoo that produces textile fibres testing purposes. H&M and VF Corporation are among the groups testing the fibres the Espoo operation has produced so far.

Recently, the company leased production facilities in Valkeakoski in the south of Finland, where IFC will set up what it has called a new “pre-commercial” 500-tonne per annum plant and customer training centre that will open its doors in early 2020.

Courtesy: Sports Textiles

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