Spinnova’s R&D yarn spinning line inaugurated in Tearfil’s mill in Portugal
SPINNOVA PLC, PRESS RELEASE 8 MAY 2024 AT 1.30 p.m. EEST
Spinnova’s R&D yarn spinning line inaugurated in Tearfil’s mill in Portugal
Spinnova’s R&D yarn spinning line has been inaugurated in Tearfil’s mill in Portugal. Spinnova and Tearfil entered into a yarn development cooperation agreement in June 2023, where the two companies share the capacity of the spinning line. The spinning line machinery was delivered by Rieter, the world’s leading supplier of yarn production systems. The R&D spinning line is used for product development and testing of SPINNOVA® fibre. The aim is to develop the fibre to be used in different applications in commercial-scale yarn production and to streamline development work with industrial partners. The spinning line is located in Tearfil’s facilities in the textile hub of Guimarães, Portugal, and Tearfil is responsible for operating the line.
“Yarn spinning is an important step in the development of SPINNOVA® fibre from a novel fibre into a commercial product that is adopted in the textile value chain on an industrial scale. Our own R&D yarn spinning line gives us flexibility and speed in testing fibre batches. Our aim is to produce guidelines for the industry to apply SPINNOVA® fibre in various applications, which will be created with the help of Rieter by combining the expertise of Tearfil in yarn processing”, explains Spinnova’s Chief Product and Sustainability Officer Shahriare Mahmood.
“We are excited to inaugurate Spinnova’s R&D yarn spinning line at Tearfil. This partnership with Spinnova marks a significant milestone in our commitment to sustainable innovation within the textile industry. By sharing the capacity of this cutting-edge spinning line, Tearfil and Spinnova are advancing the development and testing of SPINNOVA®️ fibre, paving the way for its adoption on an industrial scale. Our expertise in yarn processing combined with Spinnova’s innovative fibre technology will shape the future of sustainable textiles.” Maria de Belém Machado, CEO at Tearfil.
“Rieter is pleased to contribute with its state-of-the-art machinery to Spinnova’s product development. SPINNOVA® fibre is the frontrunner in sustainable fibre innovations with the potential to become a large-scale commercial product. With its in-depth textile know-how from fibre to yarn, Rieter will continue to support Spinnova in spinning a fully innovative yarn”, comments Franziska Häfeli, Head Sales and Marketing at Rieter.
Spinnova Plc
For further information, please contact:
Virva Vesanen
Director of Marketing, Communications and Investor Relations
Tel. +358 20 703 2430
comms@spinnova.fi
Distribution:
Nasdaq Helsinki
Major media
SPINNOVA – Sustainable textile materials, naturally
Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough patented technology for making textile fibre out of wood or waste, such as leather, textile or agricultural waste, without harmful chemicals.
The SPINNOVA® fibre creates zero side streams, 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 First North Growth Market Finland.
SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com
