Major year sees sales surge at Renewcell

17/02/2023
Major year sees sales surge at Renewcell
Following an “intense” year, in the words of chief executive Patrik Lundström, Swedish dissolving pulp manufacturer Renewcell has reported year-on-year net sales growth to the tune of 350% for the 12 months ended December, achieving $1.2 million or 12.6 million Swedish krona. 

Renewcell makes a dissolving cellulose pulp known as Circulose from 100% cotton-rich textile waste, which it then ships in sheets to its customers, mainly manmade cellulosic fibre (MMCF) producers of viscose, modal, lyocell and acetate. It despatched its first-ever shipment from its Renewcell 1 facility in Sundsvall to a customer in late December

Around 590 tonnes of dissolving pulp were produced at the factory that month, the company said, of which roughly 270 tonnes met quality specifications for Circulose. Just under 50 tonnes of this “prime quality” pulp was delivered to customers, with the rest kept behind to fulfil a separate order. By contrast, approximately 910 tonnes of dissolving pulp were manufactured at Renewcell 1 in January. More or less half was of suitable quality to be sold as Circulose, with 170 tonnes shipped to partners and the rest remaining in stock for later delivery.

The goal is to scale up production at Renewcell 1 to 60,000 tonnes this year, to be doubled to reach 120,000 tonnes at full capacity thereafter. 

Through purchasing agreements already in place with MMCF developers Lenzing and Tangshan Sanyou, two thirds of the plant’s full-capacity annual pulp volumes have already been secured, Mr Lundström revealed. 

Renewcell 1. Credit: Henrik Bodin