Vinnova funding for development of PFAS-free and 100 % biobased textile impregnations within the project POPFREE
OrganoClick has been granted Vinnova-funding of SEK 1.3 million for further development of its fluorocarbon-free (PFAS-free) textile impregnation OrganoTex® within the R&D-project POPFREE. Partners within the POPFREE-project is e.g. the outdoor-companies Bergans Nordic and Houdini sportswear, as well as RISE Research Institutes of Sweden, IVL Swedish Environmental Research Institute, the International Chemical Secretariat (ChemSec) and the Swedish Society for Nature Conservation.
The POPFREE-project started three years ago with the aim of developing and investigate chemical substitutes to PFAS. OrganoClicks PFAS-free and biodegradable textile impregnation OrganoTex® has been partly developed within the previous project steps. The technology that has been developed is based on OrganoClick's patented and awarded technology for modification pf textile fibers and is completely free from perfluorinated compounds (PFAS), cyclic siloxanes and isocyanates which is often used in current textile impregnations. Many of these substances are suspected to be carcinogenic and hormone disruptive and bioaccumulate in nature. In this project, the amibition is to further develop OrganoClick's current biodegradable and partly biobased product and make it 100 % biobased which would be completely unique in the market of textile impregnations.
"Vinnova's funding of POPFREE strongly supports the phase-out PFAS from Swedish products which we think is very important. That we together with companies such as Bergans and Houdini as well as organisations such as the Swedish Society for Nature Conservation, ChemSec, RISE and IVL are given the opportunity to develop and test a 100 % biobased and biodegradable textile impregnation will be the next step that will give us to not only a PFAS-free product but also will take the technology for textile impregnations to a new level in which also the fossile raw material is replaced with a completely "green", renewable raw material", says Mårten Hellberg, CEO OrganoClick.
The project will start in September 2020 and continue during 2 years.
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For more information, please contact:
Mårten Hellberg, CEO
0707 - 16 48 90, marten.hellberg@organoclick.com
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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.
The information in this press release contains information that OrganoClick AB (publ) is obliged to release according to the EU's market regulation law number 596/2014. The information was published, of the contact person above, 25 June 2020 at 9:30.
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