Bankrupt Renewcell sells pilot plant to manufacturer of non-oil absorption materials

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Source: Biosorbe

Six weeks after Renewcell’s liquidator, Lars-Henrik Andersson, announced that several bids had been made for the business and assets of Swedish textile recycler Re:NewCell AB, Biosorbe, a Swedish company that produces a bio-based product for absorbing spilled oil, announced on Tuesday that it has acquired the bankrupt textile recycler’s pilot ...

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