Spinnova and Suzano to build industrial unit in Finland to produce sustainable fibre
Versión en Español Type of post: NEWS. Spinnova (material innovation company) and Suzano (wood pulp producer) will make an estimated 22 M€ investment to build the first commercial scale facility to produce Spinnova’s sustainable fibre in Finland. Press release: “ Spinnova and Suzano to open commercial scale factory in 2022 ”, 25/02/2021. Figure 1. Spinnova fiber (taken from the company website) The new, industrial scale production unit will be located in Jyväskylä (Finland) home of Spinnova’s R&D hub and pilot facility. Production will be managed and operated by a new joint venture company owned 50/50 by Spinnova and their partner and investor, Suzano. According to Spinnova, the total investment, encompassing all needed infrastructure such as real estate, is some 50 M€. The real estate will be built and rented for the joint venture by Jykia. In the joint venture, Spinnova will be the exclusive technology provider, while Suzano will ensure the supply of sustainably produ...