American Industrial Partners has purchased the business in a $1.5 billion deal originally announced in August 2025.

“The project with Lenzing has shown that efficient processing of cellulose fibers on knitting machines is possible by using the right fibers and the right spinning process. We are currently working on ...

Researchers at the University of Maine and the U.S. Department of Energy's (DOE) Oak Ridge National Laboratory (ORNL) are ...

Researchers develop an efficient method to dry cellulose nanofibers using heated air vortices, a potential plastic ...

Textile-to-textile recycler Circulose is working with a familiar face. The Swedish company—previously known as Renewcell before filing for bankruptcy in 2024 and re-emerging months later under the ...

Circulose is inching closer to commercialization. The Swedish sustain-tech firm established a "strong strategic partnership" with longtime backer Tangshan Sanyou, a "close collaborator" of the ...

International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging solutions, has completed the sale of its Global Cellulose Fibers (GCF) business to funds affiliated with American ...

American Industrial Partners ("AIP"), a focused industrials investor, today announced that an affiliate of AIP has completed its acquisition of the Global Cellulose Fibers (GCF) business of ...