Spinnova Plc: Teemu Lindberg joins Spinnova to lead Production Scaling

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SPINNOVA PLC, COMPANY RELEASE, 19 MAY 2022 at 1:30 p.m. EEST


Spinnova Plc: Teemu Lindberg joins Spinnova to lead Production Scaling

 

Spinnova has appointed Teemu Lindberg as Executive Vice President, Production Scaling and member of the management team. This new role leads Spinnova’s fibre production scaling and new factory projects globally. Teemu Lindberg will join Spinnova at the latest on 15 August 2022 and will report to the CEO.

 

Teemu Lindberg has a solid production background and strong experience in scaling new technologies to industrial scale, most recently from the forest and biofuel industry.

 

He will join Spinnova from UPM Kymmene, where he acted as Refining Director in the UPM Biorefining business from 2016 to 2022 and before that, in several production and technology management and specialist roles in the UPM Biofuels business from 2010 to 2016. Prior to UPM Kymmene, Teemu Lindberg held several production manager and specialist roles in Yara International from 2008 to 2010, in Kemira Grow-How from 2004 to 2008 and in Scantarp from 2003 to 2004. Mr Lindberg holds the academic degree of M.Sc. in Engineering.

 

“Production upscaling is a critical component of our ambitious growth targets that include reaching a million tonnes of global SPINNOVA® fibre production capacity by 2031 to 2033. We’re excited that Teemu Lindberg will join us to lead this essential strategic area. His experience and expertise in scaling industrial processes will support Spinnova’s growth plans greatly. We warmly welcome Teemu to Spinnova and the management team”, comments Janne Poranen, CEO of Spinnova.  

 

“I am privileged to be joining Spinnova at this pivotal moment when Spinnova’s sustainable technology innovation is entering its industrial scale growth phase. I look forward to bringing my industry and business experience and enthusiasm to solving global sustainability challenges with Spinnova and its strategic partners.”, comments Teemu Lindberg, Spinnova’s EVP, Production Scaling as of 15 August 2022.

 

 

Spinnova Plc

 

For further information, please contact:

 

Janne Poranen, CEO

Tel. +358 400 138711

ir@spinnova.fi

 

 

Certified advisor: 

Aktia Alexander Corporate Finance Oy

+358 50 520 4098

 

Distribution:

 

Nasdaq Helsinki

Key media

 

SPINNOVA – Sustainable textile materials, naturally

 

Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or agricultural waste, without harmful chemicals.

 

The patented SPINNOVA® fibre creates zero waste and side streams or microplastics, and its CO2 emissions and water use are minimal. SPINNOVA® materials are quickly biodegradable and circular. Spinnova is committed to using only sustainable raw materials such as FSC certified wood and waste. SPINNOVA® fibre is produced without harmful or complex chemical processes, and has the touch and feel of natural fibres such as cotton and linen.

 

Spinnova has received awards from e.g. the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, Monocle and Marie Claire UK.

 

Spinnova’s shares (SPINN) are listed on the Nasdaq Helsinki First North Growth Market.

 

SPINNOVA® home: www.spinnova.com

Corporate & IR site: www.spinnovagroup.com

 

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