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OrganoClick

OrganoClick

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OrganoClick AB: OrganoClick's biobased binders in a new nonwoven application

10:23 / 25 October 2021 OrganoClick Press release

Since 2022, OrganoClick has been part of a Swedish-Finnish Bioinnovation project, funded by Vinnova and Business Finland, to develop biobased binders for nonwovens used for hygienic wipes. The project group includes the Finnish nonwoven manufacturer Sharpcell, which manufactures the nonwoven material, and the Swedish hygiene company Finess Hygiene, which among other things manufactures wipes based on nonwoven for the healthcare sector and for consumers. OrganoClick has developed binders adapted for these applications which have now been used successfully in the production of the nonwoven material and in the final production of hygienic wipes.

"It is a big step forward for us in this project that affects a completely different application area than what we previously developed binders for. The next step is to make certain optimizations, continue the scaling up and ensure a consistent quality in production," says Mårten Hellberg, CEO OrganoClick.

The collaboration with the Finnish nonwoven manufacturer Sharpcell has been going on for several years with production tests carried out in recent years. Together with their customer Finess Hygiene, the focus for the past 1.5 years has been on producing 100% biobased and compostable nonwoven materials for hygienic wipes for the healthcare sector and consumers. After the final optimization and implementation in production, a commercialization of the new nonwoven products will be the next step.

This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 25-10-2021 10:23 CET.

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About OrganoClick

OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North Growth Market. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the durable water repellent technology for textiles OrganoTex®, the biocomposite material OrganoComp®, surface treatment and maintenance products for villa and property owners under the brand BIOkleen®, biobased binder under the trade name OC-BioBinder™ and the flame and rot-resistant timber OrganoWood® (through the joint-venture OrganoWood AB). OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start -up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award, listed as a SUSTAINIA100 company and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.

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