About Saurer Group
The Saurer Group, founded in 1853, is a leading, globally active technology company with a focus on machines and components for yarn production. As a company with a long tradition, we have always been an innovation leader. Today, the group is a solution provider for the textile industry consisting of two segments. Spinning Solutions offers high-quality, technologically advanced and customer-specific automated solutions for staple fibre processing from bale to yarn. Saurer Technologies specialises in intelligent and economical twisting and cabling machines for tire cord, carpet, staple fibre, glass filament and industrial yarns, which allow customers to adapt flexibly to dynamic market requirements. Automation Solutions provides textile mills with an array of labour-saving systems. With locations in Switzerland, Germany, France, the UK, Czech Republic, Turkey, Brazil, Mexico, the USA, China, India, Uzbekistan, and Singapore, is well equipped to serve the world’s textile centres. www.saurer.com.
Inovafil Fiação, S.A., a spinning mill, was established in 2011, and its production facilities have been located in Vila Nova de Famalicão since 2014. With a workforce of 120 employees, Inovafil specializes in producing high-quality yarns for fashion, home, shirting, and technical textiles. The company employs advanced technology and tightly controlled production processes to foster innovation and surpass market expectations. One of its primary focuses is the development of technical yarns that provide functional and performance advantages, along with the production of yarns that embrace principles of circularity and sustainability. www.inovafil.pt
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, +46(0)8-528 00 399, email@example.com. www.renewcell.com