Circular Economy & Recycling

High demand for circular fibers driving the Infinna™ capacity scale-up

Saal A
Donnerstag, 14.09.2023, 11:25 - 11:50 Uhr
Sprecher
Petri Alava, Infinited Fiber Company, Espoo (FIN)

Based on extensive analysis carried out with leading strategy, industry and market experts, the estimated annual demand for cotton-like recycled fiber will be over 4,5 million tons by 2030. The currently announced capacity commitments in the market indicate that the demand significantly exceeds the supply. To tackle this imbalance, we aim to accelerate the Infinna™ capacity build-up by shifting our role from pure licensor position towards actively advancing the next Infinna™ factories in close partnerships. Through this model, we target an annual production capacity of 500k tons of Infinna™ by 2030. The new capacity increase roadmap enables us to provide our current and future customers with clearer outlook on how Infinna™´s availability will develop over the coming years, helping them on their journey towards circularity.