Spinnova transforms the way textiles are manufactured globally. Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, without DISSOLVING AND harmful chemicals. our technology is the result of more than 10 years of research and development.

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CEO Tuomas Oijala’s greetings

Spinnova’s CEO Tuomas Oijala shared his thoughts about his first five months with the Company in our SPInsight blog.

It’s been about 5 months since I started working at Spinnova. I am extremely happy about the big change I made personally, which has already led to so many important learnings, but I’m even more proud of what Spinnova is and what we have achieved.

In the past years, Spinnova has proven that our technology is unique in its value proposition, environmental impact, and application landscape. We have a commercial scale production facility, we have launched real volume products with partners, most notably the innovative Bestseller, and we will continue to do more of these. We have a world-class team of experts in physics, chemistry, process and production technology, and the textile industry. We have skilled and strong partners in both technology delivery and now, as a partner to scale the Spinnova technology after signing our LOI for the next mill with Suzano.

Spinnova updates its strategy and targets – focus on technology sales

Spinnova updated its strategy and targets on 14 March 2024. The updated strategy focuses on technology sales, technology development, fibre market development and cash generation.

Spinnova Plc’s Financial Statements Bulletin January–December 2023

Finalizing the successful technology delivery to Woodspin and ramping up operations resulted in decreased revenues and operating result, as expected.

Capital Markets Day 2024

Spinnova organized a Capital Markets Day on 14 March 2024 in Jyväskylä, Finland and online. Spinnova’s CEO Tuomas Oijala together with other management team members presented the updated strategy for the company.

The presentation and recording of the event are available on the Capital Markets Day 2024 page.