Spinnova inks fibre technology supply deal

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JYVÄSKYLÄ – Spinnova has struck an exclusive deal with Finnish machinery manufacturer Valmet for the supply of fibre processing equipment to Spinnova’s technology partners.

Spinnova, which offers a patented technology that claims to produce wood-based cellulose fibre with no potentially hazardous chemicals or waste, said in April that it had identified technology sales as the main driver for growth in the immediate future, effectively ruling out any near-term investments in increasing its own fibre production.

JYVÄSKYLÄ – Spinnova has struck an exclusive deal with Finnish machinery manufacturer Valmet for the supply of fibre processing equipment to Spinnova’s technology partners.

Spinnova, which offers a patented technology that claims to produce wood-based cellulose fibre with no potentially hazardous chemicals or waste, said in April that it had identified technology sales as the main driver for growth in the immediate future, effectively ruling out any near-term investments in increasing its own fibre production.

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