Aquafil, the creator of the branded ECONYL® regenerated nylon and pioneer in the circular economy, and ITOCHU Corporation (headquartered in Minato-ku, Tokyo) entered into a non-exclusive business alliance agreement to promote and expand the nylon circular business.
Metsä Group’s innovation company Metsä Spring Ltd. and Japanese Itochu Corporation established a joint venture, which invests approximately €40 million in building and operating a test plant, with the aim to demonstrate a new technology for converting paper-grade pulp into textile fibres. Business Finland, a Finnish governmental funding agency, participates in the financing of the demo project with an R&D loan.
IL BIOECONOMISTA 