Cellulose fibre supplier Lenzing Group has acquired a minority share in producer TreeToTextile AB. It joins the likes of existing shareholders H&M Group, Inter Ikea Group and Stora Enso to back the Swedish firm. Like Lenzing, TreeToTextile’s interests also lie in the production of cellulosic fibre, with the company having been initially...
8 Oct 2024
Finnish pulp and paper manufacturer Stora Enso has joined The H&m Group, Inter Ikea Group and SunPine founder Lars Stigsson in their joint venture TreeToTextile AB. The project aims to develop new textile fibres from renewable forest raw materials, at attractive costs. All four partners have an equally big stake in the company. Stora Enso has...
21 Dec 2018
