China's Hongtai Ding raises Series B extension for eco-friendly Lyocell fibres

What's the deal? Hongtai DingDealroom has a profile for this one. Try Dealroom →, a Chinese fibre materials developer, has raised a Series B extension round, the company announced in September 2026.

What's the endgame? The company develops cellulose fibres using a solvent-based production method and makes products including Lyocell fibre. It aims to supply industrial users with new, environmentally friendly fibre products and services.

The signal: Solvent-spun cellulose fibres such as Lyocell are positioned as greener alternatives to conventional textiles, and continued investor backing for producers like Hongtai Ding points to sustained demand for sustainable materials in the sector.

Image credit: Bernard Spragg