texfash.com: Renewcell has been on a roll for the last six months or so. It's a company that's in the news. Please tell us how exciting is it on your side of the (news) fence.
Tricia Carey: Yes, we have really been moving quickly over the past six months to ramp up the production of the first industrial scale textile-to-textile recycling facility of dissolving pulp, branded as Circulose. Our entire team has remained dedicated and resilient to our goals under the energetic, steadfast leadership of Patrik Lundstrom, CEO of Renewcell.
Simultaneously, we are working with the entire market to educate and inspire about Circulose as a material from 100% recycled textiles. It really is an exciting time to pioneer new innovations which solve market challenges, in order to reduce textiles downcycled or going to landfills.
Inditex, H&M, Aditya Birla, Kelheim, Ganni. There's a beeline of buyers out there. Do you have a waitlist or something? Please share details (as much as you officially can). How is Renewcell coping with this rush?
Tricia Carey: We do have a long list of impressive partners throughout the entire supply network. Within the fragmented textiles industry, it is important to work with each sector in order to develop the business because we do not just make pulp, we engage. We like to call it encompass marketing, where you have to look at all the players within the circle, fibre producers, spinners, knitters, weavers, brands, collectors and even NGOs, associations and financial community. It is no longer just about pushing and pulling to sell a product. We strategically align with our partners for a long-term perspective.
We have some exciting news—in July we will be launching the first Circulose Supplier Network for early adopters committed to change. Stay tuned for more on this initiative.
One recent development is the pulp-to-retail transparency brought in association with TextileGenesis. How is this going to work on the ground? It's not a one-time thing, but would be a regular one. Is TextileGenesis only providing the technology+support?
Tricia Carey: After working on a pilot project with TextileGensis and H&M, we realise this is an appropriate platform for Renewcell to have digital transparency and traceability on a long-term basis. Additionally, more than 95% of the CanopyStyle Green Shirt fibre producers are already working with TextileGenesis. The platform also simplifies the management of our RCS (Recycled Claim Standard) certification.