Material innovation company Spinnova and the world’s largest wood pulp producer Suzano will make an estimated 22 million euro investment to build the first commercial scale SPINNOVA®production facility in Finland. The total investment, including all needed infrastructure such as real estate, is estimated to be some 50 million euros. Spinnova’s sustainable fibre, created out of wood and waste without the use of harmful chemicals, will be available for global textile brands in 2022.
Read more on spinnova.com.