#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.

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.

How innovations drive BASF’s success

“Innovation has always been part of BASF’s DNA. Especially in these volatile times, it is crucial to leverage our innovative strength to develop competitive solutions that differentiate us as a company in our markets and give us a competitive edge,” said Dr. Stephan Kothrade, Member of the Board of Executive Directors of BASF and Chief Technology Officer, at the company’s Research Press Briefing held today. To achieve this, BASF implemented its “Winning Ways” strategy about a year ago with the clear goal of becoming the preferred chemical company to enable its customers’ green transformation.

Textiles Recycling Expo announces collaboration with Future Fabrics Expo for 2026

The Textiles Recycling Expo has entered a major new collaboration with the Future Fabrics Expo which means that both events will run alongside each other at the Brussels Expo, Belgium on 24–25 June 2026. This co-location marks a significant step forward for the textile and fashion industries, bringing together two influential and complementary events under one roof.

Durak Tekstil enters 2026 with positive momentum, strengthens its global market focus

Durak Tekstil, maintaining its profitability and turnover levels in 2025 compared to the previous year, prioritizes growth through its export-oriented sales strategy. Increasing both its capacity and utilization rate, the company anticipates further gains in 2026 through expansion in global markets.

Global textile expertise meets high-end contract design: Heimtextil and Hospitality Interiors Europe announce partnership starting 2027

Heimtextil further expands its role as the global leading trade fair for home and contract textiles and textile design – and starts a new partnership with the format Hospitality Interiors Europe (HINT). With the launch, a complementary event will take place alongside Heimtextil 2027, targeting decision-makers from the hotel and high-end hospitality design sector. Both platforms combine their strengths, create tangible synergies for exhibitors and visitors – and expand the holistic interior design offering for architecture, interior design, hospitality and the contract sector. Hospitality Interiors Europe already presents itself at Heimtextil 2026 with its own dedicated lounge area.

Tunicotex Group boosts OTDP to 85%, cuts planning time by 25% & expands production capacity by 40%

Coats Digital is delighted to announce that following the implementation of FastReactPlan, leading Tunisian premium knitwear manufacturer, Tunicotex Group, has significantly improved its on-time delivery performance from 75% to 85%, reduced planning time by 25%, minimised delays and penalty costs, and unlocked 40% additional capacity to take on more customer orders and support sustained business growth.