New Spinnova venture to boost commercial prospects

JYVÄSKYLÄ – Fibre innovator Spinnova is partnering with the world’s largest pulp producer Suzano to build the first commercial scale Spinnova production site in Finland by 2022.

Suzano, situated in Brazil, will invest €22 million (US$26.8m) to help establish the facility – a figure that could rise to €50m (US$61.1m) when real estate is factored in – and will also supply the site with micro-fibrillated cellulose obtained from eucalyptus on its land in South America.