Renewcell Expands Timeline to Receive Bids

On March 15th the Renewcell bankruptcy trustee announced a new deadline for receiving purchase offers. The deadline has been extended to 28 March at 12:00 pm CET in order to accommodate bids from several companies. The trustee anticipates a new owner will be secured in early April and will be announced shortly thereafter. Interested parties should contact Lars-Henrik Andersson at Cirio Advokatbyrå.

Commercial orders and developments continue with global brands and retailers, including recent apparel launches with Simons, Ganni and H&M. There are sufficient inventory levels for projected orders to deliver fiber or pulp for the next 18-24 months.

CIRCULOSE®Supplier Network partners have joined in solidarity to write an open letter for public attention stating: "We are committed to doing even more to help Renewcell succeed."

Any questions, please email commercial@renewcell.com