50/50 JV for commercial scale sustainable fiber production
In the JV, Spinnova will be the exclusive technology provider, while Suzano will ensure the supply of sustainably produced micro-fibrillated cellulose obtained from eucalyptus planted in Brazil. With a process that uses no harmful chemicals and 99% less water than the cotton value chain, the fiber produced this way creates minimal CO2 emissions, is quickly biodegradable and contains no microplastics. The Spinnova technology enables textile fiber production out of wood but also from textile waste or agricultural waste such wheat or barley straw.
Further, the H&M Group, Stockholm/Sweden, has announced that it has joined the group of brands in a partnership with Spinnova. Spinnova materials’ cradle to gate emissions are considerably less than those of cotton, and the fiber already works well in blends with other natural fibers.