About Spinnova Oyj
About the company
Spinnova is a technology company, which has created a unique production process for a sustainable textile fibre. Spinnova offers the textile industry a solution for reducing emissions and other environmental impacts by providing an alternative to conventional water and chemical-intensive cotton and viscose and oil-based polyester with the sustainable SPINNOVA® fibre.
With Spinnova’s patented technology, textile fibre is produced using a mechanical process that mimics how spiders weave their webs. The same technology and process can be used to produce SPINNOVA® fibre from multiple raw materials, including wood, leather, textile, agricultural, food industry, and beverage waste. The unique mechanical production process results in SPINNOVA® fibre having a look and feel similar to natural fibres such as cotton and linen.
Having completed the main phase of research and development, Spinnova is ramping up its global commercialisation phase. Spinnova’s technology has been proven effective at the Company’s pilot production facility, in Spinnova’s and Suzano’s joint venture Woodspin’s industrial demonstration factory, and in Spinnova’s and Ecco’s joint venture Respin’s pilot factory. Spinnova has collaborated with several global apparel brands, such as adidas, Bestseller, Marimekko, and the H&M Group, which have launched commercial products containing SPINNOVA® fibre. Spinnova’s shares (SPINN) are listed on the Nasdaq First North Growth Market Finland.