IFC: €220 million flagship factory in Finland
IFC

€220 million flagship factory in Finland

IFC
IFC

Circular fashion and textile technology group Infinited Fiber Co. (IFC), Espoo/Finland, is looking for a location in Finland to build a flagship factory to produce its unique, regenerated textile fibers for the global market. The company’s technology turns cellulose-based raw materials into Infinna, a premium textile fiber. The company will decide on the location by September 2021.
The total investments for setting up the flagship plant are estimated at around €220 million. The plant is expected to be operational in 2024. The company currently operates pilot facilities in the cities of Espoo and Valkeakoski/Finland, with a combined nominal capacity of 150 tons/annum. The planned flagship factory will have an annual capacity of 30,000 tons and will use textile waste as feedstock.
International technology group Andritz AG, Graz/Austria, will be a key supplier of the process equipment for the new plant. Finnish waste management company Lounais-Suomen Jätehuolto Oy (LSJH), Turku, which is owned by 17 municipalities in South-West Finland, will supply raw material to IFC’s flagship plant from a full-scale textile waste refinement plant.

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