Polygiene was founded in 2006 as a spin-off from Perstorp Group and provides sustainable technology for the treatment of textiles and other materials. The company does not manufacture fabrics or products but acts as an ingredient brand, which means it always aims to be recognised, understood and valued by the ones using the treated products. Polygiene communicates the function by supplying hangtags and labels so the user understands why this product stays fresh and can be washed less. The vision is to transform consumables to durables and be part of creating a more sustainable textile industry.
The largest risk is related to the competitive landscape present in the market where current competitors could copy its business model to add value throughout the entire value chain. There are a number of actors that currently provide similar additives; two of them are European firms profiled as ingredient brands. There is also a risk that the solution Polygiene offers becomes a commodity, and that end-customers will expect the functionality without needing to pay a premium price tag for it.
