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Spinnova joins Fashion for Good's Scaling Programme
25
Jul '18
Courtesy: Spinnova
Courtesy: Spinnova
Spinnova, Finnish developer of a cellulose fibre with a breakthrough production process, has joined Fashion for Good’s Scaling Programme. As a Scaling Programme participant, Spinnova gains access to Fashion for Good’s network of corporate partners, business advisors, and industry experts, enabling it to accelerate the development of its revolutionary fibre.

Spinnova gets the unique opportunity to connect to manufacturers, brands, and investors capable of helping them fast-track the implementation and adoption of their daring innovation. They will be supported for a period of 18 months, with clear and jointly defined milestones on a roadmap to scale.

The company’s development process uses a unique technology that turns wood pulp directly into yarn, without using any harmful chemicals or water- or energy consuming steps in the process. This manufacturing process method uses up to 99 per cent less water compared to cotton.

Spinnova has developed a disruptive cellulose fibre innovation that involves no dissolving or other complex chemical processes. This fibre has a uniquely small footprint and presents exciting opportunities to create a circular fibre production system. Spinnova is poised to reach industrial scale by year-end through their new pilot factory. Future business models include partnering with brands by licensing the technology or setting up joint ventures for fibre production.

Janne Poranen, CEO of Spinnova said, “We have a fantastic relationship with Fashion for Good and are very much looking forward to the programme. Working with brands and developing the fibre to suit specific applications is the way we have strategically chosen to commercialise our innovation.” (GK)

Fibre2Fashion News Desk – India


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