#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.

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Project update: Focus on supply chain readiness and environmental permits

Infinited Fiber Company is revolutionizing the fashion and textile industries by transforming cotton-rich textile waste, which would otherwise be destined for landfills or incineration, into a premium textile fiber known as Infinna™. This innovative solution offers a versatile, circular alternative to cotton. The company is currently in the process of scaling up operations and progressing towards the construction of its first commercial-scale Infinna™ factory.

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Happy Holidays!

Dear reader, the year 2025 is drawing to a close. We are entering what we hope will be a peaceful holiday season, spending time with our families and taking a moment to pause and reflect. We hope we have been able to support you once again this year with relevant news and articles, and we look forward to surprising you with many innovations in the coming year. Enjoy the festive season, stay healthy, and we wish you a happy and joyful holiday season.

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