Infinited Fiber receives lead investment from RGE for technology scale-up

RGE Pte Ltd joins investors including H&M Group, Virala and Fortum to help Infinited Fiber Company scale up its technology that turns textile waste into new fibres. The company also leased facilities in Valkeakoski, Finland for a new 500-ton per year pre-commercial plant starting in early 2020.

“This new investment amount, the largest single IFC has received to date, supplements the earlier partnerships with H&M Group, Virala and Fortum, we announced in April this year.”nonwovens-industry.com

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• nonwovens-industry.comInfinited Fiber Receives Lead Investment from RGE - Nonwovens IndustryBy: Karen McIntyre EditorAug 15, 2019

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