Valmet and Spinnova Plc sign a partnership agreement regarding process equipment for textile fibre production
Valmet Oyj press release, August 16, 2024, at 9:30 a.m. EESTValmet and Spinnova Plc have signed a strategic partnership agreement where Valmet is appointed as the exclusive partner to supply process equipment for textile fibre production to Spinnova’s technology customers. The exclusivity agreement is valid for four years, with termination options based on project progress. The agreement includes an exclusivity fee, which is based on realized project deliveries. Valmet has previously supplied drying technology to Woodspin, a joint venture between Spinnova and Suzano, for its factory