SPINNOVA® fibre producer Woodspin and PUMA sign multi-year Letter of Intent
SPINNOVA PLC, PRESS RELEASE, 10 DECEMBER 2024 AT 12:00 P.M. EET SPINNOVA® fibre producer Woodspin and PUMA sign multi-year Letter of Intent Woodspin Oy, the producer and seller of the sustainable wood-based SPINNOVA® fibre and the global sports brand PUMA SE have signed a Letter of Intent (LOI) to secure access to fibre volumes for several years. Woodspin is a joint venture company of Spinnova and Suzano. The LOI is a non-binding agreement for booking volumes of wood-based SPINNOVA® fibre from Woodspin. Spinnova and PUMA will collaborate to develop products