Material innovation company Spinnova and the world’s largest wood pulp producer Suzano have teamed up to build the first commercial scale Spinnova production facility in Finland. The total investment in the project, including all needed infrastructure such as real estate, is estimated to be around €50 million.
As per Innovation in Textiles, the new, industrial scale production unit will be located in Jyväskylä, Finland. Its production will be managed and operated by a new joint venture company owned 50/50 by Spinnova and its partner and investor, Suzano.
Suzano is a world leader in the production of eucalyptus pulp and has expanded its operations to create sustainable and innovative solutions derived from trees to the challenges faced by society. In the joint venture, Spinnova will be the exclusive technology provider, while Suzano will ensure the supply of sustainably produced micro-fibrillated cellulose obtained from eucalyptus planted by Suzano in Brazil.
The fiber produced will be sold under the Spinnova trademark. To date, Spinnova materials have been developed in collaboration with leading fashion brands such as Danish clothing company Bestseller, Finnish fashion house Marimekko, and Norwegian outdoor brand Bergans. Today, the H&M Group announces it has joined the group of brands in a partnership with Spinnova.