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Recent Articles

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Jack & Jones launches T-shirt that contains 30% wood-based Spinnova fiber, made from certified wood pulp from Scandinavia; shirt is the first commercially available product made with fiber from Spinnova and Suzano JV Woodspin's facility, opened in 2023

Spinnova widens FY2023 operating loss to €20.9M from year ago's €13.1M, revenue down to €10.6M from year ago's €24.3M; company plans cumulative sales at 30,000 tonnes by 2026, 130,000 tonnes by 2030, and 450,000 tonnes by 2036

Spinnova updates strategy to prioritize activities that deliver fastest time to positive cash flow, focusing on technology sales and fiber market development; targets set for short, medium, long term do not require additional external financing

Suzano, Spinnova sign LOI regarding potential new production facility for wood-based SPINNOVA fiber; Suzano would own, operate new plant that will likely be located near existing Suzano pulp mill, have preliminary target capacity of 20,000 tonnes/year

Spinnova invites investors and analysts to its Capital Markets Day on March 14 at its headquarters in Jyvaskyla, Finland; company is offering live webcast and discussions on updated strategy from CEO Tuomas Oijala and the management team

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