Portuguese spinner commits to Spinnova fibre

JYVÄSKYLÄ / PORTO - Spinnova has signed a non-binding letter of intent (LOI) with Portuguese yarn spinning company Tearfil Textile Yarns to secure access to volumes of its wood-based Spinnova fibre.

The agreement represents a key step in the Finnish company's strategy to create an ecosystem – or consortium – to enable the availability of textile materials containing sustainable Spinnova® fibre in the market.