The startup TreeToTextile will invest 35 million euros in constructing a demonstration plant in Sweden to commercialise a new sustainable textile fibre.
The plant will be established at Stora Enso’s Nymölla mill in southern Sweden, and the construction will start in spring 2021; it will help to upscale the process technology. The production capacity will be 1.500 tons of fibre per year.
TreeToTextile’s aim is to make sustainable textile fibres available to all garment producers, offering a new technology to produce biobased textile fibres (from regenerated cellulose) with a low environmental footprint at an attractive cost level.
The cost of the plant is funded with an investment of 27,4 million euros from the owners H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, and a grant of 7,6 million euros from the Swedish Energy Agency.