#Recycling / Circular Economy

2023-09-14

Infinited Fiber Company welcomes new Board members

Infinited Fiber Company announced its new Board of Directors. Their deep expertise and robust business experience from areas such as finance, industrial production, fashion industry and textile circularity, will contribute greatly to steering the company successfully through its next phase: building the first commercial-scale circular Infinna™ factory in Northern Finland, while also planning for the following plants.

Infinited Fiber´s Annual General Meeting 2023 appointed Andreas Tallberg as the Chair of the Board and Pertti Korhonen as the Vice Chair of the Board. Elisabet Sallander Björklund and Elina Björklund maintained their positions as members of the board, and Markus Mannström, Joel Ankarberg and Laura Coppen joined the board as new members. Ali Harlin, Jan Lång and Jussi Sainiemi have decided to step down from the Board.

“We’re excited to welcome Andreas, Markus, Laura and Joel to the Board,” said Petri Alava, CEO and Co-founder of Infinited Fiber Company. “They each have extensive experience and insights that are extremely valuable to us as we scale up and build up our production capacity. I would also like to thank Ali, Jan and Jussi for their vital contribution in our journey thus far; from the founding of the company to building it from a lab-scale operation into an industry trailblazer ready for commercialization”, Petri continues.

Infinited Fiber Company will be introducing the members of the Board more closely soon.

More about their expertise and background on the Investor site.

https://investors.infinitedfiber.com/governance/board-of-directors/

Infinited Fiber Company appoints new chair and board members to drive next growth phase

Infinited Fiber Company has announced key changes to its Board of Directors following its Annual General Meeting on June 30, 2025. The new appointments are designed to support the company’s strategic focus on scaling its proprietary Infinna™ technology, expanding partnerships across the textile value chain, and preparing for industrial-level investment.

Infinited Fiber Company enters the next strategic phase under new leadership

Infinited Fiber Company announces that Petri Alava, co-founder and CEO since the company’s founding in 2016, will step down from his role on May 31, 2025. Chief Operating Officer Sahil Kaushik will serve as acting CEO from June 1, 2025. Petri Alava will continue supporting the company as Senior Advisor through the end of November. The Board of Directors has initiated the search for a permanent successor.

Infinited Fiber and Norbite collaborate in EU-funded TEX-INSECT project

Infinited Fiber Company is pleased to announce its collaboration on the EU funded TEX-INSECT project, which aims to develop and optimize Norbite’s technology that converts synthetics originating from textile waste into sustainable bioproducts. Infinited Fiber’s process takes in cotton-rich textile waste otherwise destinated into landfills or incinerators.

Reju announces site selection for first U.S. industrial sized facility regeneration hub in Rochester, New York

Reju, the textile-to-textile regeneration company, today announced it has selected the site for its first U.S.-based industrial facility marking a significant milestone in its efforts to scale globally. This future Regeneration Hub will be in Rochester, New York, reinforcing Reju’s commitment to the adoption of circular textile system across key regions worldwide.

Canopy introduces a first-of-its-kind $2 billion USD investment blueprint to decarbonize global materials supply chains

Today, the global, solutions-driven not-for-profit Canopy joined partners at Davos to introduce a new finance model designed to accelerate the growth of low-carbon materials and transform the paper, packaging, and textile supply chains. The event was anchored by a keynote speech from Sri A Revanth Reddy, Hon’ble Chief Minister of Telangana, with India set to host the first iteration of the new investment blueprint.

Sustainable, lightweight, and sound absorbing: Polyester-based front trunk solution for BEVs

As car manufacturers look to further reduce their carbon footprint, Autoneum has developed an innovative front trunk solution for battery electric vehicles (BEVs), made entirely from polyester-based textile. The Ultra-Silent Frunk offers significant weight reduction, improved acoustic and thermal insulation, and uses up to 70 percent recycled material, supporting sustainable and efficient vehicle design. Autoneum, global technology leader in acoustic and thermal management for vehicles, has already received orders for the new frunk from three major OEMs in Asia and Europe to be built in three BEV models. Series production for two BEVs has been underway in China and Germany since last year.

Modern testing methods for raw cotton

The 38th International Cotton Conference Bremen will take place from 25 to 27 March 2026 at the Bremen Parliament. This conference has traditionally stood for in-depth expertise and international exchange. The program will focus on technical innovations, market trends, and regulatory frameworks across the entire value chain – from agriculture to the circular economy. With high-profile speakers, the conference is regarded as the key meeting point for the global cotton industry. Today’s focus: Cotton quality and testing methods.

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.