Renewcell’s production development in December 2023

Re:NewCellLehdistötiedote02.01.2024 klo 14.40

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.

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.