Business
Spinnova offers a scalable solution for the natural fibre gap. Spinnova has developed a production technology for a transformative new textile fibre (“SPINNOVA® fibre”) which is produced with a mechanical production process.
Spinnova’s production technology provides a sustainable alternative for the global textile market. Spinnova’s production technology allows for the production of SPINNOVA® fibre from multiple raw material inputs, including wood and leather waste, and other renewable raw materials such as agricultural, food and beverage industry waste and textile waste.
CO2 emissions of SPINNOVA® fibre are 74% less than for conventional cotton
SPINNOVA® fibre is recyclable, biodegradable, contains no microplastics, and can be produced without dissolution or the use of harmful chemicals or harmful additives. CO2 emissions from the production of SPINNOVA® fibre are 74 percent less than that of conventional cotton over the lifecycle from farming to fibre processing.1
1Figures from third-party expert calculation following IS0 14067:2018 standard and emissions databases.
Focus on cost efficiency and future scaling
Spinnova’s main goal is to improve the cost efficiency of the production process. The company has a clear plan for future scaling of its technology development needs.
International consortium
To support development work, the Company’s goal is to build an international consortium of companies to advance the scaling of Spinnova’s technology. The consortium is formed around the planned acquisition of Woodspin and Suzano Finland, i.e., the full ownership of the Woodspin demo factory, micro fibrillated cellulose (MFC) refining assets that is Suzano Finland.
Priorities in 2025-2026 are:
- To target EUR 500 000 annual cost savings through consolidation of Spinnova’s sites in Jyväskylä, Finland.
- To develop its technology to be more cost competitive. The fibre works currently already in many applications, but production costs are still too high.
- To further develop the SPINNOVA® fibre properties, also for non-textile applications.
- Select wood-based and other cellulose raw materials for the Spinnova process.
- To build an international consortium of companies to advance the scaling of Spinnova’s technology.
- To continue promoting the 50/50 joint venture with ECCO, Respin’s leather waste-based fibre commercialisation goals.