Portuguese fibre producer will build commercial scale plant to produce what’s claimed to be the first ‘climate positive’ cellulosic yarn
ZÜRICH / PORTO - Portuguese cellulosic fibre producer Altri has signed an agreement to buy a majority stake in AeoniQ - the 'climate positive' cellulosic filament yarn developed by Swiss textile innovator HeiQ Materials.
Altri's investment, including a capital increase, will allow the building of a commercial-scale production plant of AeoniQ which has been spun out as a separate company from Heiq.
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