# Infinited Fiber Company signs offtake deal with Lindex for Infinna fibre

Infinited Fiber Company (IFC) signed a multi-year offtake agreement with fashion brand Lindex for its Infinna fibre, produced from post-consumer textile waste. IFC is building a €220m factory in Finland with a capacity of 30,000 metric tonnes per year.

- Type: Contract
- Announced: 2023-10-30
- Where: Finland, Finland
- Value: $233.0M (220.0M EUR)
- Status: announced
- Capacity: 30,000 metric tonnes per year
- Products: Infinna fibre
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Infinited Fiber Company](https://endata.com/companies/41376.md)
- [Lindex](https://endata.com/companies/73342.md) (customer)

## Sources

- [apparelinsider.com](https://apparelinsider.com/textile-recycler-signs-multi-year-lindex-deal/), 2023-10-30: "Infinited Fiber has the technology and opportunity to close the loop and turn post-consumer textile waste into new high-quality cotton-like raw material."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.