OSLO, NORWAY - 8 March 2023 - Norwegian sustainable biochemicals company Circa
Group AS (stock symbol: CIRCA) and Danish technology company Textile Change are
working together to optimise textile recycling. 

Circa's bio-based solvent CyreneTM has been successfully tested by Textile Change
in the separation and decolourisation of waste textiles into cellulose and
polyester. With CyreneTM, Textile Change is expecting to achieve a safe, low
carbon, less energy intense process, while ensuring a high yield that will
address increasing market demand for recycled textiles.

Ditte Højland, CEO and founder of Textile Change said, "We chose CyreneTM as the
most efficient solvent, with the best dissolution performance, and the strongest
sustainability profile. Circa has provided us with a non-fossil alternative to
traditional solvents, with better environmental and safety characteristics. This
positions Textile Change to meet our future customers' needs for a renewable
source of quality textile materials from a sustainable industrial process."

The Textile Change pilot plant is currently being commissioned in Denmark with
funding from MUDP by the Danish Ministry of Environment. This development is a
major milestone for scaling their sustainable technology to yield several
thousand tonnes per annum. It will demonstrate that the company has found a
commercially competitive way to recycle fibre raw materials from waste textile
inputs, without irreparably damaging them, using the least amount of energy, and
safer, renewable chemicals in the process. 

Circa is changing chemistry for good and has developed a safer and sustainable
solvent that is an alternative to toxic, petrochemical solvents such as DMAc or
DMI, which is commonly used for this application. CyreneTM is made from
renewable, non-food biomass and its carbon footprint is up to 80% lower than
traditional solvents.

Tony Duncan, CEO and co-founder of Circa Group said, "Less than 1% of global
textile production is recycled, and a combination of investor, policy, consumer
and supply chain pressures is driving change. This creates enormous opportunity
for innovators with circular industrial processes. We are pleased to partner
with Textile Change as our respective organisations bring technology to scale to
meet growing demand for sustainable alternatives in the marketplace."


About Circa
Established in 2006, Circa Group converts sustainable, non-food biomass into
advanced bio-based chemicals with its proprietary FuracellTM process. Its
developing product portfolio includes flavours, biopolymers, and bio-solvents
including CyreneTM. By creating renewable chemicals from cellulose, Circa is
extracting value from non-food biomass and addressing a gap in the market by
providing bio-based, less carbon intensive alternatives, contributing to a more
circular economy. 
https://circa-group.com  

About Textile Change
Established in 2020, Textile Change is a chemical recycler, developing a
dissolution technology for fiber-to-fiber recycling of textile waste. The
polymer recycling processes based on green chemistry principles can be used for
blended textiles including any combination of polyester, natural fibers (cotton,
hemp etc.) and regenerated cellulose fibers (viscose, lyocell, etc.) and will
enable a circular economy for textiles. https://textilechange.com


Media Contact 
Amanda Keogh
General Manager Marketing and Sustainability
Circa Group AS
Amanda.keogh@circa-group.com
Tel: +61 407 275 126


Investor Contact 
Tone Leivestad
Chief Financial Officer
Circa Group AS
tone.leivestad@circa-group.com
Tel: +47 406 39 455