Jun 20, 2022NEW FACILITYKemi, Finland Infinited Fiber Company picks Kemi site for €400M Infinna fiber plant
Infinited Fiber Company (IFC) will invest €400 million to build a commercial-scale factory for its Infinna fiber at a former paper mill in Kemi, Finland. The plant is expected to reach full capacity of 30,000 metric tons by 2025.
Value
$420.4M (400.0M EUR)
Capacity
30,000 metric tons per year
ProductsInfinna fiber (sustainable textile fiber)
“IFC will invest 400 million euros ($420.4 million) to build the Infinna-producing factory at a former paper mill in the Finnish port city of Kemi.”scceu.org
- 4 sources
- scceu.orgIFC Picks Factory Site for Infinna Fiber Set to Supply Inditex, H&M, PVH - Supply Chain Council of European Union | Scceu.orgJun 21, 2022
- chemengonline.comStora Enso paper mill to be repurposed for textile recycling - Chemical Engineering | Page 1Mary BaileyJun 21, 2022
- textileworld.comInfinited Fiber Company Picks Site Of Shut Paper Plant In Finnish Lapland For Its Planned EUR 400 Million Textile Fiber Factory Investment | Textile WorldJim BornemanJun 24, 2022
- euwid-paper.comInfinited Fiber plans €400m investment at Stora Enso Veitsiluoto mill - EUWID Pulp and PaperEUWID, Gernsbach, GermanyJun 30, 2022
Summarized from public sources; check the original articles before acting on it.